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Olink Holding AB (Olink Holding AB) Gross Profit : $114.3 Mil (TTM As of Mar. 2024)


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What is Olink Holding AB Gross Profit?

Olink Holding AB's gross profit for the three months ended in Mar. 2024 was $17.4 Mil. Olink Holding AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $114.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Olink Holding AB's gross profit for the three months ended in Mar. 2024 was $17.4 Mil. Olink Holding AB's Revenue for the three months ended in Mar. 2024 was $28.8 Mil. Therefore, Olink Holding AB's Gross Margin % for the quarter that ended in Mar. 2024 was 60.68%.

Olink Holding AB had a gross margin of 60.68% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Olink Holding AB was 68.78%. The lowest was 61.29%. And the median was 67.57%.


Olink Holding AB Gross Profit Historical Data

The historical data trend for Olink Holding AB'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.

Olink Holding AB Gross Profit Chart

Olink Holding AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
28.68 36.61 58.21 94.50 114.46

Olink Holding AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 17.61 17.29 30.89 48.67 17.45

Competitive Comparison of Olink Holding AB's Gross Profit

For the Diagnostics & Research subindustry, Olink Holding AB'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.


Olink Holding AB's Gross Profit Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Olink Holding AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Olink Holding AB's Gross Profit falls into.



Olink Holding AB Gross Profit Calculation

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

Olink Holding AB'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
=169.597 - 55.136
=114.5

Olink Holding AB's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=28.751 - 11.306
=17.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $114.3 Mil.

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

Olink Holding 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=17.4 / 28.751
=60.68 %

* 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.


Olink Holding AB  (NAS:OLK) 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

Olink Holding AB had a gross margin of 60.68% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Olink Holding AB Gross Profit Related Terms

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Olink Holding AB (Olink Holding AB) Business Description

Traded in Other Exchanges
Address
Uppsala Science Park, Uppsala, SWE, SE-75183
Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.

Olink Holding AB (Olink Holding AB) Headlines