AirNet Technology (AirNet Technology) COGS-to-Revenue : 2.59 (As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

What is AirNet Technology COGS-to-Revenue?

AirNet Technology's Cost of Goods Sold for the six months ended in Jun. 2023 was $1.39 Mil. Its Revenue for the six months ended in Jun. 2023 was $0.54 Mil.

AirNet Technology's COGS to Revenue for the six months ended in Jun. 2023 was 2.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AirNet Technology's Gross Margin % for the six months ended in Jun. 2023 was -159.11%.

AirNet Technology COGS-to-Revenue Historical Data

The historical data trend for AirNet Technology's COGS-to-Revenue 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.

AirNet Technology COGS-to-Revenue Chart

AirNet Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

1.33

1.29

0.84

1.27

1.82

AirNet Technology Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.78	2.73	0.95	7.54	2.59

AirNet Technology COGS-to-Revenue Calculation

AirNet Technology's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.223	/	2.868
	=	1.82

AirNet Technology's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.394	/	0.538
	=	2.59

AirNet Technology (NAS:ANTE) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

AirNet Technology's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.394 / 0.538
	=	-159.11 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

AirNet Technology COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of AirNet Technology's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

AirNet Technology (AirNet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AirNet Technology Inc (NAS:ANTE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Dongzhimenwai Street, Chaoyang District, Beijing, CHN, 100027

Website

https://ir.airnetgroup.cn

AirNet Technology Inc provides in-flight solutions to connectivity, entertainment, and digital multimedia in China. It offers Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment, and breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. It operates in two operating segments i.e. cryptocurrency mining, and selling advertising time slots on their network, air travel advertising network throughout PRC.