GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Solwers Oyj (OHEL:SOLWERS) » Definitions » Gross Profit

Solwers Oyj (OHEL:SOLWERS) Gross Profit : €57.97 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Solwers Oyj Gross Profit?

Solwers Oyj's gross profit for the six months ended in Dec. 2023 was €28.61 Mil. Solwers Oyj's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €57.97 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Solwers Oyj's gross profit for the six months ended in Dec. 2023 was €28.61 Mil. Solwers Oyj's Revenue for the six months ended in Dec. 2023 was €32.80 Mil. Therefore, Solwers Oyj's Gross Margin % for the quarter that ended in Dec. 2023 was 87.23%.

Solwers Oyj had a gross margin of 87.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Solwers Oyj was 87.84%. The lowest was 75.52%. And the median was 85.05%.


Solwers Oyj Gross Profit Historical Data

The historical data trend for Solwers Oyj'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.

Solwers Oyj Gross Profit Chart

Solwers Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 21.46 27.50 38.36 54.45 57.97

Solwers Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.04 26.10 28.35 29.36 28.61

Competitive Comparison of Solwers Oyj's Gross Profit

For the Engineering & Construction subindustry, Solwers Oyj'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.


Solwers Oyj's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Solwers Oyj's Gross Profit distribution charts can be found below:

* The bar in red indicates where Solwers Oyj's Gross Profit falls into.



Solwers Oyj Gross Profit Calculation

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

Solwers Oyj'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
=65.991 - 8.022
=57.97

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=32.797 - 4.187
=28.61

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 €57.97 Mil.

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

Solwers Oyj'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
=28.61 / 32.797
=87.23 %

* 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.


Solwers Oyj  (OHEL:SOLWERS) 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

Solwers Oyj had a gross margin of 87.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Solwers Oyj Gross Profit Related Terms

Thank you for viewing the detailed overview of Solwers Oyj's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Solwers Oyj (OHEL:SOLWERS) Business Description

Traded in Other Exchanges
Address
Kappelikuja 6 B, 2nd Floor, Espoo, FIN, 02200
Solwers Oyj is engaged in providing architecture, technical consulting, environmental monitoring, project management, circular economy, and digital solutions. It offers a wide range of design and project management solutions for building individual and sustainable environments in Finland and Sweden. In addition, its two subsidiaries offer financial services.

Solwers Oyj (OHEL:SOLWERS) Headlines

No Headlines