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Trophy Games Development A/S (OCSE:TGAMES) Gross Margin % : 72.08% (As of Dec. 2023)


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What is Trophy Games Development A/S Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Trophy Games Development A/S's Gross Profit for the six months ended in Dec. 2023 was kr21.08 Mil. Trophy Games Development A/S's Revenue for the six months ended in Dec. 2023 was kr29.24 Mil. Therefore, Trophy Games Development A/S's Gross Margin % for the quarter that ended in Dec. 2023 was 72.08%.


The historical rank and industry rank for Trophy Games Development A/S's Gross Margin % or its related term are showing as below:

OCSE:TGAMES' s Gross Margin % Range Over the Past 10 Years
Min: 23.16   Med: 49.08   Max: 67.54
Current: 55.84


During the past 5 years, the highest Gross Margin % of Trophy Games Development A/S was 67.54%. The lowest was 23.16%. And the median was 49.08%.

OCSE:TGAMES's Gross Margin % is ranked worse than
55.49% of 519 companies
in the Interactive Media industry
Industry Median: 61.03 vs OCSE:TGAMES: 55.84

Trophy Games Development A/S had a gross margin of 72.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Trophy Games Development A/S was 0.00% per year.


Trophy Games Development A/S Gross Margin % Historical Data

The historical data trend for Trophy Games Development A/S's Gross Margin % 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.

Trophy Games Development A/S Gross Margin % Chart

Trophy Games Development A/S Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
67.54 33.83 23.16 49.08 55.84

Trophy Games Development A/S Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only -15.38 28.27 71.17 36.99 72.08

Competitive Comparison of Trophy Games Development A/S's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, Trophy Games Development A/S's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Trophy Games Development A/S's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trophy Games Development A/S's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Trophy Games Development A/S's Gross Margin % falls into.



Trophy Games Development A/S Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Trophy Games Development A/S's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=30.4 / 54.435
=(Revenue - Cost of Goods Sold) / Revenue
=(54.435 - 24.038) / 54.435
=55.84 %

Trophy Games Development 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 )
=21.1 / 29.241
=(Revenue - Cost of Goods Sold) / Revenue
=(29.241 - 8.164) / 29.241
=72.08 %

* 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.


Trophy Games Development A/S  (OCSE:TGAMES) Gross Margin % 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

Trophy Games Development A/S had a gross margin of 72.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Trophy Games Development A/S Gross Margin % Related Terms

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Trophy Games Development A/S (OCSE:TGAMES) Business Description

Traded in Other Exchanges
N/A
Address
Mikkel Bryggers Gade 4, 2nd Floor, Copenhagen, DNK, 1460
Trophy Games Development A/S is a Denmark-based game that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam and browser.

Trophy Games Development A/S (OCSE:TGAMES) Headlines

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