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Thunderful Group AB (OSTO:THUNDR) Gross Profit : kr1,092 Mil (TTM As of Sep. 2023)


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What is Thunderful Group AB Gross Profit?

Thunderful Group AB's gross profit for the three months ended in Sep. 2023 was kr162 Mil. Thunderful Group AB's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was kr1,092 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Thunderful Group AB's gross profit for the three months ended in Sep. 2023 was kr162 Mil. Thunderful Group AB's Revenue for the three months ended in Sep. 2023 was kr626 Mil. Therefore, Thunderful Group AB's Gross Margin % for the quarter that ended in Sep. 2023 was 25.87%.

Thunderful Group AB had a gross margin of 25.87% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Thunderful Group AB was 85.73%. The lowest was 21.58%. And the median was 25.23%.


Thunderful Group AB Gross Profit Historical Data

The historical data trend for Thunderful Group 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.

Thunderful Group AB Gross Profit Chart

Thunderful Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial 409.30 86.50 678.90 880.40 1,017.10

Thunderful Group AB Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 201.40 437.40 229.60 262.70 162.00

Competitive Comparison of Thunderful Group AB's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Thunderful Group 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.


Thunderful Group AB's Gross Profit Distribution in the Interactive Media Industry

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

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



Thunderful Group AB Gross Profit Calculation

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

Thunderful Group AB's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=3030.7 - 2013.6
=1,017

Thunderful Group AB's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=626.2 - 464.2
=162

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,092 Mil.

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

Thunderful Group AB's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=162 / 626.2
=25.87 %

* 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.


Thunderful Group AB  (OSTO:THUNDR) 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

Thunderful Group AB had a gross margin of 25.87% for the quarter that ended in Sep. 2023 => Competition eroding margins


Thunderful Group AB Gross Profit Related Terms

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Thunderful Group AB (OSTO:THUNDR) Business Description

Traded in Other Exchanges
Address
Kvarnbergsgatan 2, Gothenburg, SWE, 411 05
Thunderful Group AB is a primarily pan-Nordic group that develops and publishes PC, console, and mobile games for the global gaming market, as well as distributes games, game consoles, game accessories, and toys in the Nordic market. It operates in two business segments: Thunderful Games and Thunderful Distribution. Its geographical segments are Sweden, Norway, Finland, Denmark, and others.

Thunderful Group AB (OSTO:THUNDR) Headlines

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