Sabre Corpo (SABR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	908,828	1,718,130	400,099	-55,409	-401,633
Revenue	US$ in thousands	3,029,560	2,907,740	2,537,020	1,688,880	1,334,100
Gross profit margin		30.00%	59.09%	15.77%	-3.28%	-30.11%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $908,828K ÷ $3,029,560K
= 30.00%

Sabre Corpo's gross profit margin has shown significant fluctuations over the past five years. The margin was negative in December 31, 2020 and December 31, 2021, indicating that the company incurred more costs in producing its goods or services than the revenue generated from sales.

However, the gross profit margin improved significantly to 15.77% in December 31, 2022, suggesting the company was able to better control its production costs and improve efficiency in generating profits. This positive trend continued into December 31, 2023, where the gross profit margin increased to 59.09%, indicating a significant increase in profitability.

In December 31, 2024, the gross profit margin decreased slightly to 30.00%, which is still a healthy level and demonstrates the company's ability to maintain strong profitability.

Overall, Sabre Corpo's gross profit margin has shown improvement over the years, reflecting better cost management and increased profitability in its operations.