GURUFOCUS.COM » STOCK LIST » Technology » Software » Mobivity Holdings Corp (OTCPK:MFON) » Definitions » Gross Margin %

Mobivity Holdings (Mobivity Holdings) Gross Margin % : 4.43% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Mobivity Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mobivity Holdings's Gross Profit for the three months ended in Dec. 2023 was $0.07 Mil. Mobivity Holdings's Revenue for the three months ended in Dec. 2023 was $1.60 Mil. Therefore, Mobivity Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 4.43%.

Warning Sign:

Mobivity Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -15.5%.


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

MFON' s Gross Margin % Range Over the Past 10 Years
Min: 26.48   Med: 65.07   Max: 76.9
Current: 26.49


During the past 13 years, the highest Gross Margin % of Mobivity Holdings was 76.90%. The lowest was 26.48%. And the median was 65.07%.

MFON's Gross Margin % is ranked worse than
71.25% of 2633 companies
in the Software industry
Industry Median: 41.79 vs MFON: 26.49

Mobivity Holdings had a gross margin of 4.43% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mobivity Holdings was -15.50% per year.


Mobivity Holdings Gross Margin % Historical Data

The historical data trend for Mobivity Holdings'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.

Mobivity Holdings Gross Margin % Chart

Mobivity Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.96 64.17 47.38 29.27 26.48

Mobivity Holdings 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 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 Premium Member Only 34.46 43.33 26.33 28.90 4.43

Competitive Comparison of Mobivity Holdings's Gross Margin %

For the Software - Application subindustry, Mobivity Holdings'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.


Mobivity Holdings's Gross Margin % Distribution in the Software Industry

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

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



Mobivity Holdings Gross Margin % Calculation

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

Mobivity Holdings'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 )
=1.8 / 6.978
=(Revenue - Cost of Goods Sold) / Revenue
=(6.978 - 5.13) / 6.978
=26.48 %

Mobivity Holdings'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 )
=0.1 / 1.602
=(Revenue - Cost of Goods Sold) / Revenue
=(1.602 - 1.531) / 1.602
=4.43 %

* 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.


Mobivity Holdings  (OTCPK:MFON) 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

Mobivity Holdings had a gross margin of 4.43% for the quarter that ended in Dec. 2023 => 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.


Mobivity Holdings Gross Margin % Related Terms

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


Mobivity Holdings (Mobivity Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3133 West Frye Road, Suite 215, Chandler, AZ, USA, 85225
Mobivity Holdings Corp develops and operates proprietary platforms over which enterprises conduct data-driven mobile marketing campaigns. Its proprietary platforms, consisting of software available to phones, tablets, PCs, and Point of Sale ('POS") systems, allow resellers, brands and enterprises to market their products and services to consumers through text messages sent directly to consumers via mobile phones, mobile smartphone applications, and dynamically printed receipt content. The company generates revenue by charging the resellers, brands and enterprises a per-message transactional fee, through fixed or variable software licensing fees.
Executives
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
William T. Sanchez officer: CHIEF FINANCIAL OFFICER C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Skye Fossey-tomaske officer: Interim CFO 3133 WEST FRYE ROAD, SUITE 215, CHANDLER AZ 85226
Talkot Capital, Llc 10 percent owner 2400 BRIDGEWAY, SUITE 300, SAUSALITO CA 94965
Lynn M. Tiscareno officer: Chief Financial Officer C/O MOBIVITY HOLDINGS CORP.,, 55 NORTH ARIZONA PLACE #310, CHANDLER AZ 85225
Charles B Mathews officer: CFO 1660 E. TRADEWIND CT., GILBERT AZ 85284
Dennis Ronald Becker director, officer: CEO 8929 AERO DRIVE, SUITE E, SAN DIEGO CA 92123
Van Epps William M director 2002 PAPA JOHNS BOVD, PO BOX 999000, LLOUISVILLE KY 40269-0900
Christopher Meinerz officer: CFO 8700 E. VISTA BONITA DRIVE, SUITE 260, SCOTTSDALE AZ 85255
Michael K Bynum director, officer: President P.O. BOX 28, SPRINGER OK 73458
Philip Guarascio director
Tim Schatz officer: Chief Financial Officer 8929 AERO DRIVE, SUITE E, SAN DIEGO CA 92123
Peter S Brodsky director C/O HM CAPITAL PARTNERS, 200 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Porter Capital Management Co 10 percent owner 300 DRAKES LANDING ROAD, SUITE 171, GREENBRAE CA 94904
Geri Suster officer: Chief Operating Officer 58 W. BUFFALO ST, SUITE 200, CHANDLER AZ 85225

Mobivity Holdings (Mobivity Holdings) Headlines