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Episurf Medical AB (OSTO:EPIS B) Gross Margin % : 45.16% (As of Mar. 2024)


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What is Episurf Medical AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Episurf Medical AB's Gross Profit for the three months ended in Mar. 2024 was kr1.40 Mil. Episurf Medical AB's Revenue for the three months ended in Mar. 2024 was kr3.10 Mil. Therefore, Episurf Medical AB's Gross Margin % for the quarter that ended in Mar. 2024 was 45.16%.

Warning Sign:

Episurf Medical AB gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


The historical rank and industry rank for Episurf Medical AB's Gross Margin % or its related term are showing as below:

OSTO:EPIS B' s Gross Margin % Range Over the Past 10 Years
Min: 80   Med: 166.71   Max: 557.09
Current: 89.82


During the past 13 years, the highest Gross Margin % of Episurf Medical AB was 557.09%. The lowest was 80.00%. And the median was 166.71%.

OSTO:EPIS B's Gross Margin % is ranked better than
95.62% of 800 companies
in the Medical Devices & Instruments industry
Industry Median: 52.66 vs OSTO:EPIS B: 89.82

Episurf Medical AB had a gross margin of 45.16% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Episurf Medical AB was -4.70% per year.


Episurf Medical AB Gross Margin % Historical Data

The historical data trend for Episurf Medical AB'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.

* Premium members only.

Episurf Medical AB Gross Margin % Chart

Episurf Medical AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.41 80.00 132.31 207.58 121.36

Episurf Medical AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 116.00 109.09 150.00 68.97 45.16

Competitive Comparison of Episurf Medical AB's Gross Margin %

For the Medical Devices subindustry, Episurf Medical AB'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.


Episurf Medical AB's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Episurf Medical AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Episurf Medical AB's Gross Margin % falls into.



Episurf Medical AB Gross Margin % Calculation

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

Episurf Medical AB'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 )
=12.5 / 10.3
=(Revenue - Cost of Goods Sold) / Revenue
=(10.3 - -2.2) / 10.3
=121.36 %

Episurf Medical 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 )
=1.4 / 3.1
=(Revenue - Cost of Goods Sold) / Revenue
=(3.1 - 1.7) / 3.1
=45.16 %

* 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.


Episurf Medical AB  (OSTO:EPIS B) 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

Episurf Medical AB had a gross margin of 45.16% for the quarter that ended in Mar. 2024 => Durable 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.


Episurf Medical AB Gross Margin % Related Terms

Thank you for viewing the detailed overview of Episurf Medical AB's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Episurf Medical AB (OSTO:EPIS B) Business Description

Traded in Other Exchanges
Address
Karlavagen 60, Stockholm, SWE, 114 49
Episurf Medical AB is a medical device company. The company develops, manufactures, and commercializes solutions for the repair of the local cartilage damage in human joints. Its first patient-specific product portfolio, the knee portfolio, consists of the existing products Episealer Condyle Solo and Episealer Trochlea Solo, Episealer Femoral Twin, Epiguide MOS, and Epioscopy.

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