Intercede Group (LSE:IGP) Gross Margin % : 99.06% (As of Sep. 2023)

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What is Intercede Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Intercede Group's Gross Profit for the six months ended in Sep. 2023 was £6.93 Mil. Intercede Group's Revenue for the six months ended in Sep. 2023 was £6.99 Mil. Therefore, Intercede Group's Gross Margin % for the quarter that ended in Sep. 2023 was 99.06%.

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

LSE:IGP' s Gross Margin % Range Over the Past 10 Years
Min: 96.1 Med: 98.31 Max: 99.88
Current: 99.6

During the past 13 years, the highest Gross Margin % of Intercede Group was 99.88%. The lowest was 96.10%. And the median was 98.31%.

LSE:IGP's Gross Margin % is ranked better than
98.29% of 2635 companies
in the Software industry
Industry Median: 41.74 vs LSE:IGP: 99.60

Intercede Group had a gross margin of 99.06% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Intercede Group was -0.60% per year.

Intercede Group Gross Margin % Historical Data

The historical data trend for Intercede 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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Intercede Group Gross Margin % Chart

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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99.76

99.88

97.86

98.01

96.67

Intercede Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial															98.04	97.97	93.12	100.23	99.06

Competitive Comparison of Intercede Group's Gross Margin %

For the Software - Application subindustry, Intercede 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.

Intercede Group's Gross Margin % Distribution in the Software Industry

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

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

Intercede Group Gross Margin % Calculation

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

Intercede Group'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 )
	=	11.7	/	12.11
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12.11 - 0.403)	/	12.11
	=	96.67 %

Intercede Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	6.9	/	6.993
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.993 - 0.066000000000001)	/	6.993
	=	99.06 %

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.

Intercede Group (LSE:IGP) 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

Intercede Group had a gross margin of 99.06% for the quarter that ended in Sep. 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.

Intercede Group Gross Margin % Related Terms

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Intercede Group (LSE:IGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intercede Group PLC (LSE:IGP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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