GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tobii AB (OTCPK:TBIIF) » Definitions » Gross Profit

TBIIF (Tobii AB) Gross Profit : $61.63 Mil (TTM As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Tobii AB Gross Profit?

Tobii AB's gross profit for the three months ended in Sep. 2024 was $16.52 Mil. Tobii AB's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $61.63 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tobii AB's gross profit for the three months ended in Sep. 2024 was $16.52 Mil. Tobii AB's Revenue for the three months ended in Sep. 2024 was $20.63 Mil. Therefore, Tobii AB's Gross Margin % for the quarter that ended in Sep. 2024 was 80.10%.

Tobii AB had a gross margin of 80.10% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Tobii AB was 76.93%. The lowest was 68.72%. And the median was 71.60%.


Tobii AB Gross Profit Historical Data

The historical data trend for Tobii 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.

Tobii AB Gross Profit Chart

Tobii AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.38 49.14 48.85 56.85 55.28

Tobii AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.19 18.43 11.43 15.26 16.52

Competitive Comparison of Tobii AB's Gross Profit

For the Computer Hardware subindustry, Tobii 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.


Tobii AB's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tobii AB's Gross Profit distribution charts can be found below:

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



Tobii AB Gross Profit Calculation

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

Tobii 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
=73.896 - 18.62
=55.28

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=20.628 - 4.106
=16.52

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $61.63 Mil.

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

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

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=16.52 / 20.628
=80.10 %

* 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.


Tobii AB  (OTCPK:TBIIF) 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

Tobii AB had a gross margin of 80.10% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Tobii AB Gross Profit Related Terms

Thank you for viewing the detailed overview of Tobii AB's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Tobii AB Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

Tobii AB Headlines

From GuruFocus

Q4 2022 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024

Nine Months 2020 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2021 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q2 2020 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2024 Tobii AB Earnings Call Transcript

By GuruFocus Research 05-17-2024

Q2 2021 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q2 2024 Tobii AB Earnings Call Transcript

By GuruFocus Research 07-22-2024

Q1 2019 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q4 2021 Tobii AB Earnings Call Transcript

By GuruFocus Research 02-15-2024