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Dedicare AB (OSTO:DEDI) Gross Profit : kr526 Mil (TTM As of Mar. 2024)


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What is Dedicare AB Gross Profit?

Dedicare AB's gross profit for the three months ended in Mar. 2024 was kr66 Mil. Dedicare AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr526 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dedicare AB's gross profit for the three months ended in Mar. 2024 was kr66 Mil. Dedicare AB's Revenue for the three months ended in Mar. 2024 was kr430 Mil. Therefore, Dedicare AB's Gross Margin % for the quarter that ended in Mar. 2024 was 15.32%.

Dedicare AB had a gross margin of 15.32% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Dedicare AB was 33.00%. The lowest was 13.40%. And the median was 26.83%.


Dedicare AB Gross Profit Historical Data

The historical data trend for Dedicare 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.

Dedicare AB Gross Profit Chart

Dedicare AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.99 229.48 346.64 517.89 552.59

Dedicare AB Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 92.70 87.50 91.00 281.49 65.90

Competitive Comparison of Dedicare AB's Gross Profit

For the Staffing & Employment Services subindustry, Dedicare 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.


Dedicare AB's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dedicare AB's Gross Profit distribution charts can be found below:

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



Dedicare AB Gross Profit Calculation

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

Dedicare 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
=1970.695 - 1418.105
=553

Dedicare 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
=430.2 - 364.3
=66

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 kr526 Mil.

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

Dedicare 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
=66 / 430.2
=15.32 %

* 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.


Dedicare AB  (OSTO:DEDI) 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

Dedicare AB had a gross margin of 15.32% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Dedicare AB Gross Profit Related Terms

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Dedicare AB (OSTO:DEDI) Business Description

Traded in Other Exchanges
Address
Ringvägen 100, 10 tr, Stockholm, SWE, 118 60
Dedicare AB is engaged in the business of hiring and recruiting doctors, nurses, medical secretaries and other staff in health care. The company also recruits social workers, social scientists, psychologists and other personnel in the industry of social work.

Dedicare AB (OSTO:DEDI) Headlines

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