Norsk Titanium AS (Norsk Titanium AS) Gross Margin % : -105.26% (As of Dec. 2023)

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What is Norsk Titanium AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Norsk Titanium AS's Gross Profit for the six months ended in Dec. 2023 was $-1.38 Mil. Norsk Titanium AS's Revenue for the six months ended in Dec. 2023 was $1.31 Mil. Therefore, Norsk Titanium AS's Gross Margin % for the quarter that ended in Dec. 2023 was -105.26%.

The historical rank and industry rank for Norsk Titanium AS's Gross Margin % or its related term are showing as below:

NORSF' s Gross Margin % Range Over the Past 10 Years
Min: -1246.15 Med: -556.42 Max: -130.51
Current: -130.86

During the past 6 years, the highest Gross Margin % of Norsk Titanium AS was -130.51%. The lowest was -1246.15%. And the median was -556.42%.

NORSF's Gross Margin % is ranked worse than
99.33% of 297 companies
in the Aerospace & Defense industry
Industry Median: 26.03 vs NORSF: -130.86

Norsk Titanium AS had a gross margin of -105.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Norsk Titanium AS was 37.50% per year.

Norsk Titanium AS Gross Margin % Historical Data

The historical data trend for Norsk Titanium AS's Gross Margin % 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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Norsk Titanium AS Gross Margin % Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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-850.89

-989.92

-195.82

-261.91

-130.50

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial					-135.97	-3,716.00	-80.69	-167.60	-105.26

Competitive Comparison of Norsk Titanium AS's Gross Margin %

For the Aerospace & Defense subindustry, Norsk Titanium AS's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Norsk Titanium AS's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Norsk Titanium AS's Gross Margin % falls into.

Norsk Titanium AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Norsk Titanium AS's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-2.9	/	2.203
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.203 - 5.078)	/	2.203
	=	-130.50 %

Norsk Titanium AS's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-1.4	/	1.311
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.311 - 2.691)	/	1.311
	=	-105.26 %

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.

Norsk Titanium AS (OTCPK:NORSF) Gross Margin % 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

Norsk Titanium AS had a gross margin of -105.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Norsk Titanium AS Gross Margin % Related Terms

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Norsk Titanium AS (Norsk Titanium AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

NTI:Norway 84F:Germany

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

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