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Starbreeze AB (OSTO:STAR B) Gross Profit : kr283.5 Mil (TTM As of Mar. 2024)


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What is Starbreeze AB Gross Profit?

Starbreeze AB's gross profit for the three months ended in Mar. 2024 was kr-29.8 Mil. Starbreeze AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr283.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Starbreeze AB's gross profit for the three months ended in Mar. 2024 was kr-29.8 Mil. Starbreeze AB's Revenue for the three months ended in Mar. 2024 was kr56.6 Mil. Therefore, Starbreeze AB's Gross Margin % for the quarter that ended in Mar. 2024 was -52.72%.

Starbreeze AB had a gross margin of -52.72% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Starbreeze AB was 101.72%. The lowest was -395.46%. And the median was 53.89%.


Starbreeze AB Gross Profit Historical Data

The historical data trend for Starbreeze AB's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Starbreeze AB Gross Profit Chart

Starbreeze AB Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -381.52 86.93 69.39 67.08 324.24

Starbreeze AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.87 25.76 329.72 -42.10 -29.84

Competitive Comparison of Starbreeze AB's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Starbreeze AB's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Starbreeze AB's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starbreeze AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Starbreeze AB's Gross Profit falls into.



Starbreeze AB Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Starbreeze AB's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=633.51 - 309.271
=324.2

Starbreeze AB's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=56.61 - 86.452
=-29.8

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr283.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Starbreeze AB's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-29.8 / 56.61
=-52.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Starbreeze AB  (OSTO:STAR B) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Starbreeze AB had a gross margin of -52.72% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Starbreeze AB Gross Profit Related Terms

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Starbreeze AB (OSTO:STAR B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 38, Box 7731, Stockholm, SWE, 103 95
Starbreeze AB is a creator, publisher, and distributor of entertainment products. It mainly develops and publishes games. Its games market by segments includes Console, PC, and Mobile in which the Mobile segment generates key revenue. Geographically, the company's majority revenue is generated from the Asia-pacific region.

Starbreeze AB (OSTO:STAR B) Headlines

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