Kindred Group (OSTO:KIND SDB) COGS-to-Revenue : 0.44 (As of Mar. 2024)

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What is Kindred Group COGS-to-Revenue?

Kindred Group's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,787 Mil. Its Revenue for the three months ended in Mar. 2024 was kr4,071 Mil.

Kindred Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kindred Group's Gross Margin % for the three months ended in Mar. 2024 was 56.09%.

Kindred Group COGS-to-Revenue Historical Data

The historical data trend for Kindred Group's COGS-to-Revenue 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.

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Kindred Group COGS-to-Revenue Chart

Kindred Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.44

0.41

0.40

0.45

0.44

Kindred Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.44	0.44	0.44	0.44	0.44

Kindred Group COGS-to-Revenue Calculation

Kindred Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6890.77	/	15717.5
	=	0.44

Kindred Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1787.251	/	4070.593
	=	0.44

Kindred Group (OSTO:KIND SDB) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Kindred Group's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1787.251 / 4070.593
	=	56.09 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Kindred Group COGS-to-Revenue Related Terms

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Kindred Group (OSTO:KIND SDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kindred Group PLC (OSTO:KIND SDB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

KNDGF:USA KINDs:UK 0RDS:UK UNBA:Germany

Address

C/o Camilleri Preziosi, South Street, Level 2, Valletta Buildings, Valletta, MLT, VLT 1103

Website

https://www.kindredgroup.com

Kindred Group PLC is an online gambling and gaming business that licenses online casino, poker, bingo, and sports betting. Its geographical reporting segments are as follows: the Nordics, Western Europe, Central, Eastern & Southern Europe, and Other. The company derives a majority of its revenue from Western Europe through gross winnings, betting duties, marketing revenue share, and other cost of sales. It operates through several different online brands, such as Unibet, Bingo.com, Maria Casino, and iGame. The Casino & Games products account for the most revenue, followed by Sports Betting, Poker, and Other.

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