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FX International AB (XSAT:FXI) Gross Profit : kr-3.00 Mil (TTM As of Mar. 2024)


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What is FX International AB Gross Profit?

FX International AB's gross profit for the three months ended in Mar. 2024 was kr-6.53 Mil. FX International AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr-3.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FX International AB's gross profit for the three months ended in Mar. 2024 was kr-6.53 Mil. FX International AB's Revenue for the three months ended in Mar. 2024 was kr-6.30 Mil. Therefore, FX International AB's Gross Margin % for the quarter that ended in Mar. 2024 was 103.64%.

FX International AB had a gross margin of 103.64% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of FX International AB was 103.98%. The lowest was -34.32%. And the median was 26.45%.


FX International AB Gross Profit Historical Data

The historical data trend for FX International 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.

FX International AB Gross Profit Chart

FX International AB Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 -1.14 -0.62 0.48 -0.10

FX International AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 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 -3.63 -1.34 -2.14 7.01 -6.53

Competitive Comparison of FX International AB's Gross Profit

For the Asset Management subindustry, FX International 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.


FX International AB's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FX International AB's Gross Profit distribution charts can be found below:

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



FX International AB Gross Profit Calculation

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

FX International 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
=0.303 - 0.407
=-0.10

FX International 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
=-6.299 - 0.229
=-6.53

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 kr-3.00 Mil.

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

FX International 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
=-6.53 / -6.299
=103.64 %

* 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.


FX International AB  (XSAT:FXI) 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

FX International AB had a gross margin of 103.64% for the quarter that ended in Mar. 2024 => Durable competitive advantage


FX International AB Gross Profit Related Terms

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FX International AB (XSAT:FXI) Business Description

Traded in Other Exchanges
N/A
Address
Drottninggatan 62, Helsingborg, FIN, 252 21
FX International AB is engaged in currency trading through algorithm-driven computer program with goal to maximize return on its capital for shareholders. The company's business model focuses on algorithm-driven trading using artificial intelligence within the foreign exchange market. It also have trading platform namely, Genova FX.

FX International AB (XSAT:FXI) Headlines

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