GURUFOCUS.COM » STOCK LIST » Technology » Software » Innovative Payment Solutions Inc (OTCPK:IPSI) » Definitions » Gross Margin %

Innovative Payment Solutions (Innovative Payment Solutions) Gross Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Innovative Payment Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Innovative Payment Solutions's Gross Profit for the three months ended in Dec. 2023 was $-0.00 Mil. Innovative Payment Solutions's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Innovative Payment Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.


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


During the past 11 years, the highest Gross Margin % of Innovative Payment Solutions was 3.60%. The lowest was -400.00%. And the median was 0.69%.

IPSI's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.71
* Ranked among companies with meaningful Gross Margin % only.

Innovative Payment Solutions had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Innovative Payment Solutions was 0.00% per year.


Innovative Payment Solutions Gross Margin % Historical Data

The historical data trend for Innovative Payment Solutions'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.

Innovative Payment Solutions Gross Margin % Chart

Innovative Payment Solutions Annual Data
Trend Oct14 Oct15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -400.00 -

Innovative Payment Solutions 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 -400.00 - - - -

Competitive Comparison of Innovative Payment Solutions's Gross Margin %

For the Software - Infrastructure subindustry, Innovative Payment Solutions'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.


Innovative Payment Solutions's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Innovative Payment Solutions's Gross Margin % falls into.



Innovative Payment Solutions Gross Margin % Calculation

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

Innovative Payment Solutions'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 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.003) / 0
= %

Innovative Payment Solutions'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 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.001) / 0
= %

* 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.


Innovative Payment Solutions  (OTCPK:IPSI) 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

Innovative Payment Solutions had a gross margin of % 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.


Innovative Payment Solutions Gross Margin % Related Terms

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


Innovative Payment Solutions (Innovative Payment Solutions) Business Description

Traded in Other Exchanges
N/A
Address
56B 5th Street, Lot 1, Suite AT, Carmel by the Sea, CA, USA, 93921
Innovative Payment Solutions Inc provides an integrated network of kiosks, terminals, and payment channels that enable consumers to deposit cash, convert it into a digital form, and remit the funds to any merchant in its network quickly and securely.
Executives
Richard Rosenblum 10 percent owner, other: President and CFO 19 HORIZON DRIVE, WAYNE NJ 07470
David F Rios director 14924 DIDUCA WAY, LOS GATOS CA 95032
Clifford W. Henry director PO BOX 1148, ZEPHYR COVE NV 89449-1148
Madisson Gracee Corbett director 19355 BUSINESS CENTER DRIVE., #9, NORTHRIDGE CA 91324
James W Fuller director C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Andrey Novikov director, officer: CHIEF TECHNOLOGY OFFICER 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
William D. Corbett director, officer: Chief Executive Officer 1720 W DIVISION STREET, 3RD FLOOR, CHICAGO IL 606622
Jimmy I Gibbs 10 percent owner 9855 WARREN H. ABERNATHY HIGHWAY, SPARTANBURG SC 29301
Mark John Korb officer: Chief Financial Officer 1900 GLADES ROAD, SUITE 435, BOCA RATON FL 33431
Gaston Singh Pereira director, officer: Chairman of the Board and CEO 1900 GLADES ROAD, SUITE 265, BOCA RATON FL 33431
Sarmad Singh Harake director 1900 GLADES ROAD, SUITE 265, BOCA RATON NY 33431

Innovative Payment Solutions (Innovative Payment Solutions) Headlines

From GuruFocus