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Aeries Technology (Aeries Technology) Gross Margin % : 31.99% (As of Dec. 2023)


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What is Aeries Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aeries Technology's Gross Profit for the three months ended in Dec. 2023 was $6.05 Mil. Aeries Technology's Revenue for the three months ended in Dec. 2023 was $18.90 Mil. Therefore, Aeries Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 31.99%.


The historical rank and industry rank for Aeries Technology's Gross Margin % or its related term are showing as below:

AERT' s Gross Margin % Range Over the Past 10 Years
Min: 25.72   Med: 27.5   Max: 39.03
Current: 39.03


During the past 2 years, the highest Gross Margin % of Aeries Technology was 39.03%. The lowest was 25.72%. And the median was 27.50%.

AERT's Gross Margin % is ranked better than
56.28% of 988 companies
in the Business Services industry
Industry Median: 34.71 vs AERT: 39.03

Aeries Technology had a gross margin of 31.99% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aeries Technology was 0.00% per year.


Aeries Technology Gross Margin % Historical Data

The historical data trend for Aeries Technology's Gross Margin % 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.

Aeries Technology Gross Margin % Chart

Aeries Technology Annual Data
Trend Mar22 Mar23
Gross Margin %
29.28 25.72

Aeries Technology Quarterly Data
Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial 18.26 28.63 27.23 - 31.99

Competitive Comparison of Aeries Technology's Gross Margin %

For the Consulting Services subindustry, Aeries Technology's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aeries Technology's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aeries Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aeries Technology's Gross Margin % falls into.



Aeries Technology Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Aeries Technology's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=13.7 / 53.099
=(Revenue - Cost of Goods Sold) / Revenue
=(53.099 - 39.442) / 53.099
=25.72 %

Aeries Technology's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=6 / 18.897
=(Revenue - Cost of Goods Sold) / Revenue
=(18.897 - 12.851) / 18.897
=31.99 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Aeries Technology  (NAS:AERT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aeries Technology had a gross margin of 31.99% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Aeries Technology Gross Margin % Related Terms

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Aeries Technology (Aeries Technology) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Twin Towers Lane, Paville House, 5th Floor, Prabhadevi, Mumbai, MH, IND, 400025
Aeries Technology Inc is a global professional and management services partner offering a range of management consultancy services for private equity sponsors and their portfolio companies with engagement models that are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client's business operations. It supports and drives its client's global growth by providing a range of management consultancy services involving professional advisory services and operations management services to build and manage dedicated delivery centers in appropriate locations based on customer business needs.
Executives
Tony Marion Pearce director, officer: Executive Chairman 123 EAST 200 NORTH, ALPINE UT 84004
Terry Vernon Pearce director, officer: Executive Vice-Chairman 123 EAST 200 NORTH, ALPINE UT 84004
David V. Crowder director C/O GSV CAPITAL CORP., 2956 WOODSIDE ROAD, WOODSIDE CA 94062
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tanner Ainge director 1633 W. INNOVATION WAY, 5TH FLOOR, LEHI UT 84043
Worldwide Webb Acquisition Sponsor, Llc 10 percent owner 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Daniel S. Webb director, 10 percent owner, officer: CEO, CFO 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Davis Smith director 770 E TECHNOLOGY WAY F13-16, OREM UT 84097