Zwipe AS (OSL:ZWIPE) Gross Margin % : -36.48% (As of Dec. 2023)

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What is Zwipe AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zwipe AS's Gross Profit for the six months ended in Dec. 2023 was kr-0.20 Mil. Zwipe AS's Revenue for the six months ended in Dec. 2023 was kr0.54 Mil. Therefore, Zwipe AS's Gross Margin % for the quarter that ended in Dec. 2023 was -36.48%.

The historical rank and industry rank for Zwipe AS's Gross Margin % or its related term are showing as below:

OSL:ZWIPE' s Gross Margin % Range Over the Past 10 Years
Min: -292.62 Med: -123.55 Max: 53.78
Current: 7.06

During the past 9 years, the highest Gross Margin % of Zwipe AS was 53.78%. The lowest was -292.62%. And the median was -123.55%.

OSL:ZWIPE's Gross Margin % is ranked worse than
93.85% of 2635 companies
in the Software industry
Industry Median: 41.74 vs OSL:ZWIPE: 7.06

Zwipe AS had a gross margin of -36.48% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zwipe AS was 0.00% per year.

Zwipe AS Gross Margin % Historical Data

The historical data trend for Zwipe AS'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.

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Zwipe AS Gross Margin % Chart

Zwipe AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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-287.74

-190.51

53.78

35.28

7.06

Zwipe AS Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial											49.59	-39.02	49.17	22.16	-36.48

Competitive Comparison of Zwipe AS's Gross Margin %

For the Software - Infrastructure subindustry, Zwipe AS'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.

Zwipe AS's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Zwipe AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zwipe AS's Gross Margin % falls into.

Zwipe AS Gross Margin % Calculation

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

Zwipe AS'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 )
	=	0.1	/	2.097
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.097 - 1.949)	/	2.097
	=	7.06 %

Zwipe AS'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 )
	=	-0.2	/	0.54
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.54 - 0.737)	/	0.54
	=	-36.48 %

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.

Zwipe AS (OSL:ZWIPE) 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

Zwipe AS had a gross margin of -36.48% for the quarter that ended in Dec. 2023 => No sustainable 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.

Zwipe AS Gross Margin % Related Terms

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Zwipe AS (OSL:ZWIPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zwipe AS (OSL:ZWIPE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

ZWIPE:Sweden 4ZW:Germany

Address

Radhusgata 24, Oslo, NOR, 0151

Website

https://www.zwipe.com

Zwipe AS is pioneering the next-generation contactless payments experience, providing biometric payment cards and wearables that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is making convenience safe & secure for banks, merchants, and consumers. The company's solutions address the hygiene and data theft pitfalls inHerent in traditional authentication methods. Zwipe is the next great shift in payments from contactless to contact-free.

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