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Brain+ AS (OCSE:BRAINP) Gross Profit : kr2.35 Mil (TTM As of Dec. 2023)


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What is Brain+ AS Gross Profit?

Brain+ AS's gross profit for the six months ended in Dec. 2023 was kr0.73 Mil. Brain+ AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr2.35 Mil.

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 %.

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


Brain+ AS Gross Profit Historical Data

The historical data trend for Brain+ 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.

Brain+ AS Gross Profit Chart

Brain+ AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
5.27 6.69 3.99 2.64 2.35

Brain+ AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial 1.25 1.91 0.74 1.62 0.73

Competitive Comparison of Brain+ AS's Gross Profit

For the Health Information Services subindustry, Brain+ 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.


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

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

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



Brain+ AS Gross Profit Calculation

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

Brain+ 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
=0 - -2.352
=2.35

Brain+ 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 - -0.733
=0.73

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 kr2.35 Mil.

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

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 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.73 / 0
= %

* 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.


Brain+ AS  (OCSE:BRAINP) 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

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


Brain+ AS Gross Profit Related Terms

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Brain+ AS (OCSE:BRAINP) Business Description

Traded in Other Exchanges
N/A
Address
Kobmagergade 53, 3rd Floor, Copenhagen, DNK, DK-1150
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).

Brain+ AS (OCSE:BRAINP) Headlines

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