Gorilla Technology Group (Gorilla Technology Group) Gross Margin % : 49.45% (As of Jun. 2023)

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What is Gorilla Technology Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gorilla Technology Group's Gross Profit for the six months ended in Jun. 2023 was $3.18 Mil. Gorilla Technology Group's Revenue for the six months ended in Jun. 2023 was $6.43 Mil. Therefore, Gorilla Technology Group's Gross Margin % for the quarter that ended in Jun. 2023 was 49.45%.

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

GRRR' s Gross Margin % Range Over the Past 10 Years
Min: 37.2 Med: 39.1 Max: 46.33
Current: 46.17

During the past 5 years, the highest Gross Margin % of Gorilla Technology Group was 46.33%. The lowest was 37.20%. And the median was 39.10%.

GRRR's Gross Margin % is ranked better than
54.73% of 2631 companies
in the Software industry
Industry Median: 41.74 vs GRRR: 46.17

Gorilla Technology Group had a gross margin of 49.45% for the quarter that ended in Jun. 2023 => Durable competitive advantage

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

Gorilla Technology Group Gross Margin % Historical Data

The historical data trend for Gorilla Technology Group'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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Gorilla Technology Group Gross Margin % Chart

Gorilla Technology Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

46.33

40.86

37.34

37.20

69.12

Gorilla Technology Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial				40.27	33.14	43.72	49.45	-

Competitive Comparison of Gorilla Technology Group's Gross Margin %

For the Software - Infrastructure subindustry, Gorilla Technology Group'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.

Gorilla Technology Group's Gross Margin % Distribution in the Software Industry

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

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

Gorilla Technology Group Gross Margin % Calculation

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

Gorilla Technology Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	8.3	/	22.409
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(22.409 - 14.072)	/	22.409
	=	37.20 %

Gorilla Technology Group's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	3.2	/	6.429
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.429 - 3.25)	/	6.429
	=	49.45 %

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.

Gorilla Technology Group (NAS:GRRR) 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

Gorilla Technology Group had a gross margin of 49.45% for the quarter that ended in Jun. 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.

Gorilla Technology Group Gross Margin % Related Terms

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Gorilla Technology Group (Gorilla Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gorilla Technology Group Inc (NAS:GRRR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meridien House, 42 Upper Berkeley Street, Marble Arch, London, GBR, W1H 5QJ

Website

https://www.gorilla-technology.com

Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence and Other segments.