Omni AX's Software (BOM:532340) Gross Margin % : 73.00% (As of Dec. 2023)

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What is Omni AX's Software Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Omni AX's Software's Gross Profit for the three months ended in Dec. 2023 was ₹0.37 Mil. Omni AX's Software's Revenue for the three months ended in Dec. 2023 was ₹0.50 Mil. Therefore, Omni AX's Software's Gross Margin % for the quarter that ended in Dec. 2023 was 73.00%.

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

BOM:532340' s Gross Margin % Range Over the Past 10 Years
Min: -6 Med: 22.83 Max: 55.56
Current: 55.56

During the past 13 years, the highest Gross Margin % of Omni AX's Software was 55.56%. The lowest was -6.00%. And the median was 22.83%.

BOM:532340's Gross Margin % is ranked better than
64.32% of 2629 companies
in the Software industry
Industry Median: 41.79 vs BOM:532340: 55.56

Omni AX's Software had a gross margin of 73.00% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Omni AX's Software was 0.00% per year.

Omni AX's Software Gross Margin % Historical Data

The historical data trend for Omni AX's Software'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.

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Omni AX's Software Gross Margin % Chart

Omni AX's Software Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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13.29

32.36

Omni AX's Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															-	113.55	-	-	73.00

Competitive Comparison of Omni AX's Software's Gross Margin %

For the Software - Application subindustry, Omni AX's Software'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.

Omni AX's Software's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Omni AX's Software's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Omni AX's Software's Gross Margin % falls into.

Omni AX's Software Gross Margin % Calculation

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

Omni AX's Software'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 )
	=	0.2	/	0.581
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.581 - 0.393)	/	0.581
	=	32.36 %

Omni AX's Software'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 )
	=	0.4	/	0.5
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.5 - 0.135)	/	0.5
	=	73.00 %

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.

Omni AX's Software (BOM:532340) 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

Omni AX's Software had a gross margin of 73.00% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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.

Omni AX's Software Gross Margin % Related Terms

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Omni AX's Software (BOM:532340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Omni AX's Software Ltd (BOM:532340) » Definitions » Gross Margin %

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Traded in Other Exchanges

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Address

Dr. Ranga Road, New No.32, Old No. 106, 1st Floor, Mylapore, Chennai, TN, IND, 600004

Website

https://www.omniaxs.co.in

Omni AX's Software Ltd is an India based software service provider engaged in the development of computer software. The company provides services to large houses that offer technology and other research and development services globally. It also provides offshore outsourcing, software development outsourcing, custom application development, outsourced product development, e-commerce and wireless/mobile solutions to help businesses succeed.

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