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Believe SA
PAR:BLV

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Believe SA
PAR:BLV
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Price: 17.2 EUR Market Closed
Market Cap: €1.7B

Gross Margin

33.7%
Current
Improving
by 0.7%
vs 3-y average of 33%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
33.7%
=
Gross Profit
€333.2m
/
Revenue
€988.8m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
33.7%
=
Gross Profit
€333.2m
/
Revenue
€988.8m

Peer Comparison

Country Company Market Cap Gross
Margin
FR
Believe SA
PAR:BLV
1.7B EUR
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US
Netflix Inc
NASDAQ:NFLX
322.6B USD
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US
Walt Disney Co
NYSE:DIS
189.4B USD
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LU
Spotify Technology SA
NYSE:SPOT
93.8B USD
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US
Warner Bros Discovery Inc
NASDAQ:WBD
69.4B USD
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NL
Universal Music Group NV
AEX:UMG
36.5B EUR
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US
TKO Group Holdings Inc
NYSE:TKO
40.2B USD
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US
Live Nation Entertainment Inc
NYSE:LYV
36.6B USD
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CN
Tencent Music Entertainment Group
NYSE:TME
24.4B USD
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FR
Bollore SE
PAR:BOL
13.3B EUR
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US
Warner Music Group Corp
NASDAQ:WMG
15.4B USD
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Market Distribution

Lower than 70% of companies in France
Percentile
30th
Based on 2 087 companies
30th percentile
33.7%
Low
-1 220.2% — 34%
Typical Range
34% — 70.2%
High
70.2% — 509.6%
Distribution Statistics
France
Min -1 220.2%
30th Percentile 34%
Median 53.6%
70th Percentile 70.2%
Max 509.6%

Believe SA
Glance View

Market Cap
1.7B EUR
Industry
Media

Believe SA, a digital music company founded in 2005 by Denis Ladegaillerie, emerged at the intersection of technology and independent artistry. The company was born out of a vision to transform the traditional music industry, offering flexible solutions that empower artists and labels in the digital age. Operating across more than 50 countries, Believe has carved a niche by leveraging technology to distribute, market, and monetize music. Its core offerings include TuneCore — a platform enabling independent artists to upload, promote, and sell their music across major streaming services. By providing tools and insights, Believe helps musicians expand their reach, retain control over their work, and ultimately draw in revenue, all within a landscape plagued by the rigidities of traditional music contracts. Profitability hinges upon Believe's ability to blend artist empowerment with efficient digital solutions. The company earns revenue through a combination of flat fees and revenue-sharing models, allowing independent labels and artists to access its suite of services. This model is complemented by a focus on data analytics to optimize performance and marketing strategies, providing artists with valuable insights into listener behavior and market trends. Additionally, Believe nurtures artists from across cultural spectrums, enabling them to tap into global markets while retaining their unique identities. From nascent musicians to established talents, Believe SA positions itself as a pivotal partner in the evolving music ecosystem, ensuring artists can navigate the complexities of the digital domain while enhancing their commercial success.

BLV Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
33.7%
=
Gross Profit
€333.2m
/
Revenue
€988.8m
What is Believe SA's current Gross Margin?

The current Gross Margin for Believe SA is 33.7%, which is above its 3-year median of 33%.

How has Gross Margin changed over time?

Over the last 3 years, Believe SA’s Gross Margin has increased from 33.6% to 33.7%. During this period, it reached a low of 32.3% on Dec 31, 2023 and a high of 33.7% on Jan 31, 2025.

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