Brain+ AS (OCSE:BRAINP) Gross Margin % : 0.00% (As of Dec. 2023)

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What is Brain+ AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Brain+ AS's Gross Profit for the six months ended in Dec. 2023 was kr0.73 Mil. Brain+ AS's Revenue for the six months ended in Dec. 2023 was kr0.00 Mil. Therefore, Brain+ AS's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.

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

OCSE:BRAINP's Gross Margin % is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 41.53
* Ranked among companies with meaningful Gross Margin % only.

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

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

Brain+ AS Gross Margin % Historical Data

The historical data trend for Brain+ 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.

* Premium members only.

Brain+ AS Gross Margin % Chart

Brain+ AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Brain+ AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Brain+ AS's Gross Margin %

For the Health Information Services subindustry, Brain+ 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.

Brain+ AS's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Brain+ AS's Gross Margin % distribution charts can be found below:

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

Brain+ AS Gross Margin % Calculation

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

Brain+ 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 )
	=	2.4	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - -2.352)	/	0
	=	%

Brain+ 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 )
	=	0.7	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - -0.733)	/	0
	=	%

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.

Brain+ AS (OCSE:BRAINP) 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

Brain+ AS had a gross margin of % 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.

Brain+ AS Gross Margin % Related Terms

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Brain+ AS (OCSE:BRAINP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Brain+ AS (OCSE:BRAINP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kobmagergade 53, 3rd Floor, Copenhagen, DNK, DK-1150

Website

https://www.brain-plus.com

Brain+ AS is a digital therapeutics company. It restores patients' quality of life by treating and detecting a cognitive decline in Alzheimer's disease and dementia through digital means. It has developed a set of Digital Medicine technologies. Its product pipeline includes CST Therapist Companion, and CST Home Companion; CST Home Care; CST for Mild Cognitive Impairment (MCI).

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