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Omer SpA (MIL:OMER) Gross Profit : €33.89 Mil (TTM As of Dec. 2023)


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What is Omer SpA Gross Profit?

Omer SpA's gross profit for the six months ended in Dec. 2023 was €17.29 Mil. Omer SpA's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €33.89 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Omer SpA's gross profit for the six months ended in Dec. 2023 was €17.29 Mil. Omer SpA's Revenue for the six months ended in Dec. 2023 was €34.12 Mil. Therefore, Omer SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 50.67%.

Omer SpA had a gross margin of 50.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Omer SpA was 54.98%. The lowest was 48.95%. And the median was 52.41%.

Warning Sign:

Omer SpA gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Omer SpA Gross Profit Historical Data

The historical data trend for Omer SpA'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.

Omer SpA Gross Profit Chart

Omer SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 16.62 23.52 30.11 29.93 33.89

Omer SpA Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only 15.27 14.70 15.24 16.60 17.29

Competitive Comparison of Omer SpA's Gross Profit

For the Tools & Accessories subindustry, Omer SpA'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.


Omer SpA's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omer SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Omer SpA's Gross Profit falls into.



Omer SpA Gross Profit Calculation

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

Omer SpA's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=69.229 - 35.343
=33.89

Omer SpA's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=34.118 - 16.83
=17.29

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €33.89 Mil.

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

Omer SpA'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=17.29 / 34.118
=50.67 %

* 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.


Omer SpA  (MIL:OMER) 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

Omer SpA had a gross margin of 50.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Omer SpA Gross Profit Related Terms

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Omer SpA (MIL:OMER) Business Description

Traded in Other Exchanges
Address
Via Foresto, 42, Susegana, ITA, 31058
Omer SpA is engaged in the design, production and sale of power tools and the relevant fasteners. Its products include Pneumatic tools and fasteners, Industrial staples under the brand's More, Omer USA, Omer Hungary, Velo, Rapter, Black Magic among others.