Nuran Wireless (XCNQ:NUR) Gross Margin % : 53.67% (As of Dec. 2023)

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What is Nuran Wireless Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nuran Wireless's Gross Profit for the three months ended in Dec. 2023 was C$0.61 Mil. Nuran Wireless's Revenue for the three months ended in Dec. 2023 was C$1.13 Mil. Therefore, Nuran Wireless's Gross Margin % for the quarter that ended in Dec. 2023 was 53.67%.

Warning Sign:

Nuran Wireless Inc gross margin has been in long-term decline. The average rate of decline per year is -12.8%.

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

XCNQ:NUR' s Gross Margin % Range Over the Past 10 Years
Min: 17.01 Med: 34.71 Max: 47.52
Current: 27

During the past 9 years, the highest Gross Margin % of Nuran Wireless was 47.52%. The lowest was 17.01%. And the median was 34.71%.

XCNQ:NUR's Gross Margin % is ranked better than
54.94% of 2437 companies
in the Hardware industry
Industry Median: 24.47 vs XCNQ:NUR: 27.00

Nuran Wireless had a gross margin of 53.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nuran Wireless was -12.80% per year.

Nuran Wireless Gross Margin % Historical Data

The historical data trend for Nuran Wireless'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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Nuran Wireless Gross Margin % Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Dec23

Gross Margin %

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34.71

34.35

27.53

41.81

17.01

Nuran Wireless Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															74.66	39.96	27.98	-11.67	53.67

Competitive Comparison of Nuran Wireless's Gross Margin %

For the Communication Equipment subindustry, Nuran Wireless'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.

Nuran Wireless's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nuran Wireless's Gross Margin % falls into.

Nuran Wireless Gross Margin % Calculation

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

Nuran Wireless'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 )
	=	0.5	/	3.199
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.199 - 2.655)	/	3.199
	=	17.01 %

Nuran Wireless'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 )
	=	0.6	/	1.131
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.131 - 0.524)	/	1.131
	=	53.67 %

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.

Nuran Wireless (XCNQ:NUR) 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

Nuran Wireless had a gross margin of 53.67% 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.

Nuran Wireless Gross Margin % Related Terms

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Nuran Wireless (XCNQ:NUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

NRRWF:USA 1RNA:Germany

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

Executives

Martin BÉdard

10% Security Holder

Nuran Wireless (XCNQ:NUR) Headlines

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