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FOM Technologies A/S (OCSE:FOM) Gross Profit : kr25.52 Mil (TTM As of Dec. 2023)


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What is FOM Technologies A/S Gross Profit?

FOM Technologies A/S's gross profit for the six months ended in Dec. 2023 was kr16.80 Mil. FOM Technologies A/S's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr25.52 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FOM Technologies A/S's gross profit for the six months ended in Dec. 2023 was kr16.80 Mil. FOM Technologies A/S's Revenue for the six months ended in Dec. 2023 was kr43.11 Mil. Therefore, FOM Technologies A/S's Gross Margin % for the quarter that ended in Dec. 2023 was 38.97%.

FOM Technologies A/S had a gross margin of 38.97% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of FOM Technologies A/S was 51.84%. The lowest was 1.08%. And the median was 32.73%.


FOM Technologies A/S Gross Profit Historical Data

The historical data trend for FOM Technologies A/S'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.

FOM Technologies A/S Gross Profit Chart

FOM Technologies A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1.03 0.08 11.05 18.40 25.52

FOM Technologies A/S Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.73 5.78 12.62 8.72 16.80

Competitive Comparison of FOM Technologies A/S's Gross Profit

For the Specialty Industrial Machinery subindustry, FOM Technologies A/S'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.


FOM Technologies A/S's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies A/S's Gross Profit distribution charts can be found below:

* The bar in red indicates where FOM Technologies A/S's Gross Profit falls into.



FOM Technologies A/S Gross Profit Calculation

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

FOM Technologies A/S'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
=80.512 - 54.997
=25.52

FOM Technologies A/S's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=43.112 - 26.313
=16.80

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 kr25.52 Mil.

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

FOM Technologies A/S'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
=16.80 / 43.112
=38.97 %

* 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.


FOM Technologies A/S  (OCSE:FOM) 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

FOM Technologies A/S had a gross margin of 38.97% for the quarter that ended in Dec. 2023 => Competition eroding margins


FOM Technologies A/S Gross Profit Related Terms

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FOM Technologies A/S (OCSE:FOM) Business Description

Traded in Other Exchanges
N/A
Address
Artillerivej 86, 1, Copenhagen, DNK, 2300
FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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