Readly International AB (publ)
STO:READ
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.
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.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| SE |
|
Readly International AB (publ)
STO:READ
|
1.6B SEK |
Loading...
|
|
| US |
|
Alphabet Inc
NASDAQ:GOOGL
|
3.7T USD |
Loading...
|
|
| US |
|
Meta Platforms Inc
NASDAQ:META
|
1.6T USD |
Loading...
|
|
| CN |
|
Tencent Holdings Ltd
HKEX:700
|
4.9T HKD |
Loading...
|
|
| US |
R
|
Reelcause Inc
OTC:RCIT
|
146.4B USD |
Loading...
|
|
| CN |
|
Baidu Inc
NASDAQ:BIDU
|
47.7B USD |
Loading...
|
|
| CN |
|
Kuaishou Technology
HKEX:1024
|
294.1B HKD |
Loading...
|
|
| JP |
L
|
LY Corp
XMUN:YOJ
|
31.3B EUR |
Loading...
|
|
| KR |
|
Naver Corp
KRX:035420
|
37.7T KRW |
Loading...
|
|
| NL |
|
Nebius Group NV
NASDAQ:NBIS
|
24.1B USD |
Loading...
|
|
| KR |
|
Kakao Corp
KRX:035720
|
25.2T KRW |
Loading...
|
Market Distribution
| Min | -855 316.7% |
| 30th Percentile | 30.8% |
| Median | 44.8% |
| 70th Percentile | 66% |
| Max | 113 764.6% |
Other Profitability Ratios
Readly International AB (publ)
Glance View
Readly International AB operates digital platform for magazines and newspapers. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2020-09-17. The firm offers a digital subscription service that lets customers have unlimited access to 7,500 magazines and newspapers including the catalogue of ePresse. Readly has subscribers in 25 countries in Europe, 11 countries in Asia and in Canada, Mexiko and South Africa and its content is available for users in 17 different languages. Readly's purpose is to digitalize the magazine and newspaper industries. The firm serves its customers by providing both Website and application versions that work with any browser, on the mobile, computer or tablet. The firm has offices in Sweden, the United Kingdom, Germany and France.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Readly International AB (publ) is 51.4%, which is below its 3-year median of 52.8%.
Over the last 2 years, Readly International AB (publ)’s Gross Margin has increased from 33.1% to 51.4%. During this period, it reached a low of 21.7% on Sep 30, 2023 and a high of 83.2% on Jun 30, 2024.