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ECOMB AB (XSAT:ECOM) Gross Profit : kr1.70 Mil (TTM As of Mar. 2024)


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What is ECOMB AB Gross Profit?

ECOMB AB's gross profit for the three months ended in Mar. 2024 was kr0.92 Mil. ECOMB AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr1.70 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ECOMB AB's gross profit for the three months ended in Mar. 2024 was kr0.92 Mil. ECOMB AB's Revenue for the three months ended in Mar. 2024 was kr1.22 Mil. Therefore, ECOMB AB's Gross Margin % for the quarter that ended in Mar. 2024 was 75.76%.

ECOMB AB had a gross margin of 75.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of ECOMB AB was 65.97%. The lowest was 24.22%. And the median was 43.26%.

Warning Sign:

ECOMB AB gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


ECOMB AB Gross Profit Historical Data

The historical data trend for ECOMB 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.

ECOMB AB Gross Profit Chart

ECOMB 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 2.15 1.34 0.80 2.69 2.95

ECOMB 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 1.77 1.35 -0.23 -0.34 0.92

Competitive Comparison of ECOMB AB's Gross Profit

For the Specialty Industrial Machinery subindustry, ECOMB 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.


ECOMB AB's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ECOMB AB's Gross Profit distribution charts can be found below:

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



ECOMB AB Gross Profit Calculation

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

ECOMB 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
=5.1 - 2.147
=2.95

ECOMB 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
=1.217 - 0.295
=0.92

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 kr1.70 Mil.

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

ECOMB 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
=0.92 / 1.217
=75.76 %

* 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.


ECOMB AB  (XSAT:ECOM) 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

ECOMB AB had a gross margin of 75.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage


ECOMB AB Gross Profit Related Terms

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ECOMB AB (XSAT:ECOM) Business Description

Traded in Other Exchanges
N/A
Address
Tallvagen 2, Sodertalje, SWE
ECOMB AB is an environmental product technology company. The company has a developed a system for boilers and furnaces that reduces pollutants like nitrogen oxides, carbon monoxide and VOC in the flue gas. Its business activities include manufacturing of the patented Ecotube System, ancillaries, control software and installation.