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Startengine Crowdfunding (Startengine Crowdfunding) Gross Margin % : 47.18% (As of Dec. 2023)


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What is Startengine Crowdfunding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Startengine Crowdfunding's Gross Profit for the three months ended in Dec. 2023 was $3.65 Mil. Startengine Crowdfunding's Revenue for the three months ended in Dec. 2023 was $7.73 Mil. Therefore, Startengine Crowdfunding's Gross Margin % for the quarter that ended in Dec. 2023 was 47.18%.


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

STGC' s Gross Margin % Range Over the Past 10 Years
Min: 62.78   Med: 71.06   Max: 79.75
Current: 62.78


During the past 3 years, the highest Gross Margin % of Startengine Crowdfunding was 79.75%. The lowest was 62.78%. And the median was 71.06%.

STGC's Gross Margin % is ranked better than
65.23% of 604 companies
in the Capital Markets industry
Industry Median: 47.545 vs STGC: 62.78

Startengine Crowdfunding had a gross margin of 47.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Startengine Crowdfunding Gross Margin % Historical Data

The historical data trend for Startengine Crowdfunding'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.

Startengine Crowdfunding Gross Margin % Chart

Startengine Crowdfunding Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
79.75 71.06 62.78

Startengine Crowdfunding Quarterly Data
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 66.56 68.40 73.48 69.91 47.18

Competitive Comparison of Startengine Crowdfunding's Gross Margin %

For the Capital Markets subindustry, Startengine Crowdfunding'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.


Startengine Crowdfunding's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Startengine Crowdfunding's Gross Margin % distribution charts can be found below:

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



Startengine Crowdfunding Gross Margin % Calculation

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

Startengine Crowdfunding'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 )
=14.7 / 23.386
=(Revenue - Cost of Goods Sold) / Revenue
=(23.386 - 8.704) / 23.386
=62.78 %

Startengine Crowdfunding'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 )
=3.6 / 7.726
=(Revenue - Cost of Goods Sold) / Revenue
=(7.726 - 4.081) / 7.726
=47.18 %

* 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.


Startengine Crowdfunding  (OTCPK:STGC) 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

Startengine Crowdfunding had a gross margin of 47.18% for the quarter that ended in Dec. 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.


Startengine Crowdfunding Gross Margin % Related Terms

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


Startengine Crowdfunding (Startengine Crowdfunding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4100 West Alameda Avenue, 3rd Floor, Burbank, CA, USA, 91505
Startengine Crowdfunding Inc is an equity crowdfunding platform. The company allows investors and common people to invest in start-up projects and early-stage companies. Also, it facilitates small and medium-sized businesses in raising capital at every stage and provides related services.
Executives
Joshua Daniel Amster officer: VP, Fundraising 16029 SKYTOP RD ENCINO CA 91436
Jonathan Reyes officer: Chief Compliance Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Aubrey Chernick 10 percent owner C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Lee Miller 10 percent owner 1014 23RD ST. SANTA MONICA CA 90403
Johanna Cronin officer: Chief Marketing Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Howard Edward Marks director, 10 percent owner, officer: Chief Executive Officer 2900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Ronald David Miller director, 10 percent owner 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Jebsen Allen C D officer: SVP, Fundraising 3900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Hunter Strassman officer: VP, Finance C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STRE 1200 BURBANK CA 91515
Joeseph Mathews officer: Chief Technology Officer C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE. SUITE 1200 BURBANK CA 91505

Startengine Crowdfunding (Startengine Crowdfunding) Headlines

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