Lottomatica Group SpA (MIL:LTMC) COGS-to-Revenue : 0.61 (As of Dec. 2023)

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What is Lottomatica Group SpA COGS-to-Revenue?

Lottomatica Group SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €268 Mil. Its Revenue for the three months ended in Dec. 2023 was €442 Mil.

Lottomatica Group SpA's COGS to Revenue for the three months ended in Dec. 2023 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lottomatica Group SpA's Gross Margin % for the three months ended in Dec. 2023 was 39.28%.

Lottomatica Group SpA COGS-to-Revenue Historical Data

The historical data trend for Lottomatica Group SpA's COGS-to-Revenue 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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Lottomatica Group SpA COGS-to-Revenue Chart

Lottomatica Group SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.16

0.21

0.63

0.59

Lottomatica Group SpA Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial				0.66	0.59	0.58	0.61	0.60

Lottomatica Group SpA COGS-to-Revenue Calculation

Lottomatica Group SpA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	978.704	/	1651.017
	=	0.59

Lottomatica Group SpA's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	268.133	/	441.6
	=	0.61

Lottomatica Group SpA (MIL:LTMC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Lottomatica Group SpA's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	268.133 / 441.6
	=	39.28 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Lottomatica Group SpA (MIL:LTMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottomatica Group SpA (MIL:LTMC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

LTMCm:UK

Address

Via degli Aldobrandeschi, 300, Rome, ITA, 00163

Website

https://www.lottomaticagroup.com

Lottomatica Group SpA is an operator on the gaming market authorized by the Customs and Monopolies Agency. The group operates in various sectors namely Online (sports betting and online games); Betting (sports bets and games on a physical network); Gaming (AWP and VLT entertainment machines, direct management of gaming halls and proprietary AWPs).

Lottomatica Group SpA (MIL:LTMC) Headlines

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