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Zwipe AS (OSL:ZWIPE) Gross Profit : kr0.15 Mil (TTM As of Dec. 2023)


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What is Zwipe AS Gross Profit?

Zwipe AS's gross profit for the six months ended in Dec. 2023 was kr-0.20 Mil. Zwipe AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr0.15 Mil.

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%.

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

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%.


Zwipe AS Gross Profit Historical Data

The historical data trend for Zwipe AS'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.

Zwipe AS Gross Profit Chart

Zwipe AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only -4.37 -3.15 1.00 1.18 0.15

Zwipe AS Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.42 -0.21 1.39 0.35 -0.20

Competitive Comparison of Zwipe AS's Gross Profit

For the Software - Infrastructure subindustry, Zwipe AS'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.


Zwipe AS's Gross Profit Distribution in the Software Industry

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

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



Zwipe AS Gross Profit Calculation

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

Zwipe AS'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
=2.097 - 1.949
=0.15

Zwipe AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.54 - 0.737
=-0.20

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr0.15 Mil.

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

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 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.20 / 0.54
=-36.48 %

* 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.


Zwipe AS  (OSL:ZWIPE) 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

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


Zwipe AS Gross Profit Related Terms

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Zwipe AS (OSL:ZWIPE) Business Description

Traded in Other Exchanges
Address
Radhusgata 24, Oslo, NOR, 0151
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.

Zwipe AS (OSL:ZWIPE) Headlines

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