GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » European Institute of Science AB (XSAT:EURI B) » Definitions » Gross Profit

European Institute of Science AB (XSAT:EURI B) Gross Profit : kr0.54 Mil (TTM As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is European Institute of Science AB Gross Profit?

European Institute of Science AB's gross profit for the three months ended in Sep. 2024 was kr0.19 Mil. European Institute of Science AB's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was kr0.54 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. European Institute of Science AB's gross profit for the three months ended in Sep. 2024 was kr0.19 Mil. European Institute of Science AB's Revenue for the three months ended in Sep. 2024 was kr0.28 Mil. Therefore, European Institute of Science AB's Gross Margin % for the quarter that ended in Sep. 2024 was 67.87%.

European Institute of Science AB had a gross margin of 67.87% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of European Institute of Science AB was 99.89%. The lowest was 34.92%. And the median was 70.15%.


European Institute of Science AB Gross Profit Historical Data

The historical data trend for European Institute of Science 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.

European Institute of Science AB Gross Profit Chart

European Institute of Science 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 0.22 0.36 0.37 0.33 0.37

European Institute of Science 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 0.07 0.10 0.11 0.14 0.19

Competitive Comparison of European Institute of Science AB's Gross Profit

For the Medical Instruments & Supplies subindustry, European Institute of Science 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.


European Institute of Science AB's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, European Institute of Science AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where European Institute of Science AB's Gross Profit falls into.



European Institute of Science AB Gross Profit Calculation

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

European Institute of Science 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
=0.601 - 0.227
=0.37

European Institute of Science 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
=0.277 - 0.089
=0.19

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 kr0.54 Mil.

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

European Institute of Science 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
=0.19 / 0.277
=67.87 %

* 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.


European Institute of Science AB  (XSAT:EURI 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

European Institute of Science AB had a gross margin of 67.87% for the quarter that ended in Sep. 2024 => Durable competitive advantage


European Institute of Science AB Gross Profit Related Terms

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


European Institute of Science AB Business Description

Traded in Other Exchanges
N/A
Address
Ideongatan 1A, Lund, SWE, 223 70
European Institute of Science AB is a manufacturer of diagnostic assays for the clinical laboratory and point-of-care settings, as well as, point-of-care instrumentation for diagnostic applications. It focuses on veterinary health, and provides diagnostic assays and instrumentation for canine, feline and equine animals.

European Institute of Science AB Headlines

No Headlines