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DatChat (DatChat) Gross Margin % : 0.00% (As of Mar. 2024)


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What is DatChat Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. DatChat's Gross Profit for the three months ended in Mar. 2024 was $-0.90 Mil. DatChat's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, DatChat's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.


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


During the past 5 years, the highest Gross Margin % of DatChat was -14143.48%. The lowest was -476000.00%. And the median was -73975.00%.

DATS's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.79
* Ranked among companies with meaningful Gross Margin % only.

DatChat had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


DatChat Gross Margin % Historical Data

The historical data trend for DatChat'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.

DatChat Gross Margin % Chart

DatChat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - -73,975.00 -14,143.48 -476,000.00

DatChat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of DatChat's Gross Margin %

For the Software - Application subindustry, DatChat'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.


DatChat's Gross Margin % Distribution in the Software Industry

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

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



DatChat Gross Margin % Calculation

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

DatChat's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-4.8 / 0.001
=(Revenue - Cost of Goods Sold) / Revenue
=(0.001 - 4.761) / 0.001
=-476,000.00 %

DatChat's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0.9 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.898) / 0
= %

* 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.


DatChat  (NAS:DATS) 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

DatChat had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable 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.


DatChat Gross Margin % Related Terms

Thank you for viewing the detailed overview of DatChat's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


DatChat (DatChat) Business Description

Traded in Other Exchanges
N/A
Address
204 Nielsen Street, New Brunswick, NJ, USA, 08901
DatChat Inc is a blockchain, cybersecurity, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. Its mobile messaging application is called DatChat Messenger which is a free messaging application.
Executives
Darin M Myman officer: Chief Executive Officer BIGSTRING CORPORATION, 3 HARDING ROAD, SUITE F, RED BANK NJ 07701
Brett Blumberg officer: Chief Financial Officer 204 NEILSON STREET, NEW BRUNSWICK NJ 08901
Wayne Linsley director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Carly Schumer director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Dan Zeno officer: Chief Operating Officer 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Joseph Eugene Nelson director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Vadim Mats officer: CHIEF FINANCIAL OFFICER 285 GRAND AVENUE, ENGLEWOOD NJ 07631
Peter Shelus director, officer: CHIEF TECHNOLOGY OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Gabriel Daniels officer: CHIEF INFORMATION OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901

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