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Nortem Biogroup (XPAR:MLBIO) Gross Profit : €6.42 Mil (TTM As of Dec. 2022)


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What is Nortem Biogroup Gross Profit?

Nortem Biogroup's gross profit for the six months ended in Dec. 2022 was €6.42 Mil. Nortem Biogroup's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was €6.42 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nortem Biogroup's gross profit for the six months ended in Dec. 2022 was €6.42 Mil. Nortem Biogroup's Revenue for the six months ended in Dec. 2022 was €6.98 Mil. Therefore, Nortem Biogroup's Gross Margin % for the quarter that ended in Dec. 2022 was 91.97%.

Nortem Biogroup had a gross margin of 91.97% for the quarter that ended in Dec. 2022 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Nortem Biogroup was 91.97%. The lowest was 82.68%. And the median was 87.33%.


Nortem Biogroup Gross Profit Historical Data

The historical data trend for Nortem Biogroup'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.

Nortem Biogroup Gross Profit Chart

Nortem Biogroup Annual Data
Trend Dec21 Dec22
Gross Profit
5.61 6.42

Nortem Biogroup Semi-Annual Data
Dec21 Dec22
Gross Profit 5.61 6.42

Competitive Comparison of Nortem Biogroup's Gross Profit

For the Packaged Foods subindustry, Nortem Biogroup'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.


Nortem Biogroup's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nortem Biogroup's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nortem Biogroup's Gross Profit falls into.



Nortem Biogroup Gross Profit Calculation

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

Nortem Biogroup'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
=6.983 - 0.561
=6.42

Nortem Biogroup's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=6.983 - 0.561
=6.42

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 was €6.42 Mil.

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

Nortem Biogroup's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.42 / 6.983
=91.97 %

* 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.


Nortem Biogroup  (XPAR:MLBIO) 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

Nortem Biogroup had a gross margin of 91.97% for the quarter that ended in Dec. 2022 => Durable competitive advantage


Nortem Biogroup Gross Profit Related Terms

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Nortem Biogroup (XPAR:MLBIO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Alexander Humboldt 12B, Polígono Industrial Salinas de Poniente, El Puerto de Santa María, Cadiz, ESP, 11500
Nortem Chem SA is engaged in the research, development, innovation and industrialization in the field of biochemistry and biotechnology, as well as the production and sale of products based on biochemical and/or biotechnological processes. It emerged as a biotechnological company in the field of the food and chemical industry, with maximum environmental awareness, concentrating its research and product development efforts on the development of environmentally friendly alternatives from renewable sources and obtaining its own microorganisms (Aspergillus Niger and Yarrowia lipolytica) with outstanding capabilities from adaptation and selection processes, avoiding the use of genetic modification technologies.

Nortem Biogroup (XPAR:MLBIO) Headlines

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