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Bure Equity AB (OSTO:BURE) Gross Margin % : 78.95% (As of Mar. 2024)


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What is Bure Equity AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bure Equity AB's Gross Profit for the three months ended in Mar. 2024 was kr45.0 Mil. Bure Equity AB's Revenue for the three months ended in Mar. 2024 was kr57.0 Mil. Therefore, Bure Equity AB's Gross Margin % for the quarter that ended in Mar. 2024 was 78.95%.


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

OSTO:BURE' s Gross Margin % Range Over the Past 10 Years
Min: 47.35   Med: 68.19   Max: 78.41
Current: 76.06


During the past 13 years, the highest Gross Margin % of Bure Equity AB was 78.41%. The lowest was 47.35%. And the median was 68.19%.

OSTO:BURE's Gross Margin % is ranked better than
69.77% of 526 companies
in the Asset Management industry
Industry Median: 51.705 vs OSTO:BURE: 76.06

Bure Equity AB had a gross margin of 78.95% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bure Equity AB was 8.30% per year.


Bure Equity AB Gross Margin % Historical Data

The historical data trend for Bure Equity AB'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.

Bure Equity AB Gross Margin % Chart

Bure Equity AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.33 58.02 74.63 78.41 78.18

Bure Equity AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 86.15 87.79 -28.57 22.22 78.95

Competitive Comparison of Bure Equity AB's Gross Margin %

For the Asset Management subindustry, Bure Equity AB'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.


Bure Equity AB's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bure Equity AB's Gross Margin % falls into.



Bure Equity AB Gross Margin % Calculation

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

Bure Equity AB'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 )
=172 / 220
=(Revenue - Cost of Goods Sold) / Revenue
=(220 - 48) / 220
=78.18 %

Bure Equity 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 )
=45 / 57
=(Revenue - Cost of Goods Sold) / Revenue
=(57 - 12) / 57
=78.95 %

* 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.


Bure Equity AB  (OSTO:BURE) 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

Bure Equity AB had a gross margin of 78.95% for the quarter that ended in Mar. 2024 => 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.


Bure Equity AB Gross Margin % Related Terms

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Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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