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Aiforia Technologies (OHEL:AIFORIA) Gross Profit : €1.93 Mil (TTM As of Dec. 2023)


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What is Aiforia Technologies Gross Profit?

Aiforia Technologies's gross profit for the six months ended in Dec. 2023 was €1.26 Mil. Aiforia Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €1.93 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aiforia Technologies's gross profit for the six months ended in Dec. 2023 was €1.26 Mil. Aiforia Technologies's Revenue for the six months ended in Dec. 2023 was €1.48 Mil. Therefore, Aiforia Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 85.32%.

Aiforia Technologies had a gross margin of 85.32% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Aiforia Technologies was 89.34%. The lowest was 64.51%. And the median was 80.57%.


Aiforia Technologies Gross Profit Historical Data

The historical data trend for Aiforia Technologies'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.

Aiforia Technologies Gross Profit Chart

Aiforia Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 0.64 0.85 0.97 1.04 1.93

Aiforia Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.46 0.57 0.67 1.26

Competitive Comparison of Aiforia Technologies's Gross Profit

For the Health Information Services subindustry, Aiforia Technologies'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.


Aiforia Technologies's Gross Profit Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Aiforia Technologies's Gross Profit falls into.



Aiforia Technologies Gross Profit Calculation

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

Aiforia Technologies'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
=2.398 - 0.466
=1.93

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1.478 - 0.217
=1.26

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 €1.93 Mil.

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

Aiforia Technologies'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
=1.26 / 1.478
=85.32 %

* 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.


Aiforia Technologies  (OHEL:AIFORIA) 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

Aiforia Technologies had a gross margin of 85.32% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Aiforia Technologies Gross Profit Related Terms

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Aiforia Technologies (OHEL:AIFORIA) Business Description

Traded in Other Exchanges
Address
Pursimiehenkatu 29-31 D, Helsinki, FIN, FI-00150
Aiforia Technologies PLC equips pathologists and scientists in preclinical and clinical labs with powerful deep learning artificial intelligence software for translating images into discoveries, decisions, and diagnoses. The cloud based Aiforia products and services aim to escalate the efficiency and precision of medical image analysis beyond current capabilities, across a variety of fields from oncology to neuroscience and more.

Aiforia Technologies (OHEL:AIFORIA) Headlines

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