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KWESST Micro Systems (KWESST Micro Systems) Gross Margin % : 49.86% (As of Mar. 2024)


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What is KWESST Micro Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. KWESST Micro Systems's Gross Profit for the six months ended in Mar. 2024 was $0.18 Mil. KWESST Micro Systems's Revenue for the six months ended in Mar. 2024 was $0.36 Mil. Therefore, KWESST Micro Systems's Gross Margin % for the quarter that ended in Mar. 2024 was 49.86%.


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

KWESW' s Gross Margin % Range Over the Past 10 Years
Min: -15.62   Med: 25.62   Max: 37.38
Current: -15.62


During the past 3 years, the highest Gross Margin % of KWESST Micro Systems was 37.38%. The lowest was -15.62%. And the median was 25.62%.

KWESW's Gross Margin % is ranked worse than
97.97% of 295 companies
in the Aerospace & Defense industry
Industry Median: 26.03 vs KWESW: -15.62

KWESST Micro Systems had a gross margin of 49.86% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


KWESST Micro Systems Gross Margin % Historical Data

The historical data trend for KWESST Micro Systems'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.

KWESST Micro Systems Gross Margin % Chart

KWESST Micro Systems Annual Data
Trend Sep21 Sep22 Sep23
Gross Margin %
37.34 25.69 -15.46

KWESST Micro Systems Semi-Annual Data
Aug19 Mar20 Jun20 Aug20 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 Premium Member Only 20.34 24.78 -72.48 -41.67 49.86

Competitive Comparison of KWESST Micro Systems's Gross Margin %

For the Aerospace & Defense subindustry, KWESST Micro Systems'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.


KWESST Micro Systems's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, KWESST Micro Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where KWESST Micro Systems's Gross Margin % falls into.



KWESST Micro Systems Gross Margin % Calculation

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

KWESST Micro Systems's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=-0.1 / 0.912
=(Revenue - Cost of Goods Sold) / Revenue
=(0.912 - 1.053) / 0.912
=-15.46 %

KWESST Micro Systems'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 )
=0.2 / 0.359
=(Revenue - Cost of Goods Sold) / Revenue
=(0.359 - 0.18) / 0.359
=49.86 %

* 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.


KWESST Micro Systems  (NAS:KWESW) 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

KWESST Micro Systems had a gross margin of 49.86% for the quarter that ended in Mar. 2024 => 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.


KWESST Micro Systems Gross Margin % Related Terms

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KWESST Micro Systems (KWESST Micro Systems) Business Description

Traded in Other Exchanges
Address
155 Terence Matthews Crescent, Unit No. 1, Ottawa, ON, CAN, K2M 2A8
KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.

KWESST Micro Systems (KWESST Micro Systems) Headlines

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