Kitron ASA (KIT.OL) Revenue Growth

Price: $45.64
Market Cap: $9.13B
Avg Volume: 994.13K
Country: NO
Industry: Hardware, Equipment & Parts
Sector: Technology
Beta: 0.858
52W Range: $27.32-49.06
Website: Kitron ASA

What is Kitron ASA's Revenue Growth?

  • Kitron ASA's annual revenue growth as of FY 2023 is 36.57%.
  • Kitron ASA's quarterly revenue growth as of Q3 2024 is -92.52%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Kitron ASA's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $8.86B
    • Quarterly: $145.10M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $8.07B
    • Quarterly: $96.70M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 81.45%
    • Quarterly Growth: -94.53%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $793.10M
    • Quarterly: $48.40M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: -61.15%
    • Quarterly Growth: -71.95%

These metrics provide insights into Kitron ASA's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

36.57%

Quarterly Revenue Growth

-92.52%

Historical Annual Revenue Growth
91.01%91.01%74.78%74.78%58.55%58.55%42.32%42.32%26.09%26.09%9.86%9.86%-6.37%-6.37%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
63.30%63.30%11.36%11.36%-40.58%-40.58%-92.52%-92.52%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$3.00B$3.00B$2.40B$2.40B$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.00Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00Cost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$2.50B$2.50B$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.00Cost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$2.50B$2.50B$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$2.40B$2.40B$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.00Gross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

Kitron ASA Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $8.86B 36.57% $8.07B 81.45% $793.10M -61.15%
2022 $6.49B 74.78% $4.45B 81.46% $2.04B 61.81%
2021 $3.71B -6.37% $2.45B -7.41% $1.26B -4.28%
2020 $3.96B 20.14% $2.65B 19.17% $1.32B 22.13%
2019 $3.30B 25.97% $2.22B 26.42% $1.08B 25.05%
2018 $2.62B 7.49% $1.76B 8.41% $863.01M 5.67%
2017 $2.44B 16.42% $1.62B 20.17% $816.72M 9.64%
2016 $2.09B 7.23% $1.35B 8.36% $744.91M 5.26%
2015 $1.95B 11.45% $1.24B 11.62% $707.70M 11.15%
2014 $1.75B 7.34% $1.11B 11.68% $636.69M 0.50%

Related Metrics

Explore detailed financial metrics and analysis for KIT.OL.