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Veteranpoolen AB (XSAT:VPAB B) Gross Profit : kr274.6 Mil (TTM As of Mar. 2024)


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What is Veteranpoolen AB Gross Profit?

Veteranpoolen AB's gross profit for the three months ended in Mar. 2024 was kr40.5 Mil. Veteranpoolen AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr274.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Veteranpoolen AB's gross profit for the three months ended in Mar. 2024 was kr40.5 Mil. Veteranpoolen AB's Revenue for the three months ended in Mar. 2024 was kr100.8 Mil. Therefore, Veteranpoolen AB's Gross Margin % for the quarter that ended in Mar. 2024 was 40.16%.

Veteranpoolen AB had a gross margin of 40.16% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Veteranpoolen AB was 55.55%. The lowest was 42.82%. And the median was 52.85%.


Veteranpoolen AB Gross Profit Historical Data

The historical data trend for Veteranpoolen 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.

Veteranpoolen AB Gross Profit Chart

Veteranpoolen AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 175.32 165.04 211.03 255.66 269.81

Veteranpoolen 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 35.81 69.41 70.29 94.41 40.48

Competitive Comparison of Veteranpoolen AB's Gross Profit

For the Staffing & Employment Services subindustry, Veteranpoolen 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.


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

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

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



Veteranpoolen AB Gross Profit Calculation

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

Veteranpoolen 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
=510.561 - 240.752
=269.8

Veteranpoolen 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
=100.778 - 60.303
=40.5

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 kr274.6 Mil.

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

Veteranpoolen 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
=40.5 / 100.778
=40.16 %

* 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.


Veteranpoolen AB  (XSAT:VPAB B) 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

Veteranpoolen AB had a gross margin of 40.16% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Veteranpoolen AB Gross Profit Related Terms

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Veteranpoolen AB (XSAT:VPAB B) Business Description

Traded in Other Exchanges
Address
Hantverksgatan 30, Kungsbacka, SWE, 434 42
Veteranpoolen AB is a Sweden-based company serving as an employer for retirees. The company offers various business services such as staffing, economics and administration, property management, sale and customer service, office, warehousing, logistics and industry, cleaning and others. In addition, it also provides private services including clean up, gardening supervision, carpentry, painting, putting windows or helping older in everyday life.

Veteranpoolen AB (XSAT:VPAB B) Headlines

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