Airobot Technologies AS (OTSE:AIR) Gross Margin % : 57.70% (As of Dec. 2023)

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What is Airobot Technologies AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Airobot Technologies AS's Gross Profit for the six months ended in Dec. 2023 was €0.61 Mil. Airobot Technologies AS's Revenue for the six months ended in Dec. 2023 was €1.05 Mil. Therefore, Airobot Technologies AS's Gross Margin % for the quarter that ended in Dec. 2023 was 57.70%.

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

OTSE:AIR' s Gross Margin % Range Over the Past 10 Years
Min: 48.9 Med: 56.04 Max: 62.65
Current: 55.97

During the past 5 years, the highest Gross Margin % of Airobot Technologies AS was 62.65%. The lowest was 48.90%. And the median was 56.04%.

OTSE:AIR's Gross Margin % is ranked better than
91.71% of 2438 companies
in the Hardware industry
Industry Median: 24.395 vs OTSE:AIR: 55.97

Airobot Technologies AS had a gross margin of 57.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Airobot Technologies AS was 0.00% per year.

Airobot Technologies AS Gross Margin % Historical Data

The historical data trend for Airobot Technologies 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.

* Premium members only.

Airobot Technologies AS Gross Margin % Chart

Airobot Technologies AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

59.22

62.65

54.70

48.90

56.04

Airobot Technologies AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			-	50.14	48.20	52.12	57.70

Competitive Comparison of Airobot Technologies AS's Gross Margin %

For the Consumer Electronics subindustry, Airobot Technologies 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.

Airobot Technologies AS's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Airobot Technologies AS's Gross Margin % distribution charts can be found below:

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

Airobot Technologies AS Gross Margin % Calculation

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

Airobot Technologies 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 )
	=	0.9	/	1.524
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.524 - 0.67)	/	1.524
	=	56.04 %

Airobot Technologies 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 )
	=	0.6	/	1.052
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.052 - 0.445)	/	1.052
	=	57.70 %

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.

Airobot Technologies AS (OTSE:AIR) 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

Airobot Technologies AS had a gross margin of 57.70% for the quarter that ended in Dec. 2023 => 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.

Airobot Technologies AS Gross Margin % Related Terms

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Airobot Technologies AS (OTSE:AIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airobot Technologies AS (OTSE:AIR) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Suur-sojamae 37a, Rae Vald, EST, 75322

Website

https://www.airobothome.com

Airobot Technologies AS is an indoor climate technology and production company, which is characterized by strong software and air analysis. The company's main product is innovative ventilation equipment with a demand-based control algorithm, which has been developed in cooperation with researchers from the University of Tartu and TalTech.