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Streamify AB (XSAT:STREAM) Gross Profit : kr3.85 Mil (TTM As of Mar. 2024)


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What is Streamify AB Gross Profit?

Streamify AB's gross profit for the three months ended in Mar. 2024 was kr1.27 Mil. Streamify AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr3.85 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Streamify AB's gross profit for the three months ended in Mar. 2024 was kr1.27 Mil. Streamify AB's Revenue for the three months ended in Mar. 2024 was kr0.74 Mil. Therefore, Streamify AB's Gross Margin % for the quarter that ended in Mar. 2024 was 172.83%.

Streamify AB had a gross margin of 172.83% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Streamify AB was 404.11%. The lowest was 158.33%. And the median was 225.61%.


Streamify AB Gross Profit Historical Data

The historical data trend for Streamify 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.

Streamify AB Gross Profit Chart

Streamify AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Profit
- 2.51 4.72 5.47

Streamify AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.20 1.53 1.41 1.17 1.27

Competitive Comparison of Streamify AB's Gross Profit

For the Broadcasting subindustry, Streamify 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.


Streamify AB's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Streamify AB's Gross Profit distribution charts can be found below:

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



Streamify AB Gross Profit Calculation

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

Streamify AB'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
=2.425 - -3.046
=5.47

Streamify 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
=0.736 - -0.536
=1.27

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 kr3.85 Mil.

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

Streamify 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
=1.27 / 0.736
=172.83 %

* 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.


Streamify AB  (XSAT:STREAM) 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

Streamify AB had a gross margin of 172.83% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Streamify AB Gross Profit Related Terms

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Streamify AB (XSAT:STREAM) Business Description

Traded in Other Exchanges
N/A
Address
Hamngatan 19, Ostersund, SWE, 831 34
Streamify AB is an easy-to-use digital platform that combines live streaming and E-commerce in one. The service is aimed at both the individual user and major established players in various industry segments. The platform offers livestream of music concert, major events such as a football cup and others. The platform runs primarily on servers hosted by the Google Cloud Platform where service discovery and scheduling of services on the servers are handled automatically in the cloud.

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