AppTech Payments (AppTech Payments) COGS-to-Revenue : 0.20 (As of Dec. 2023)

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What is AppTech Payments COGS-to-Revenue?

AppTech Payments's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.03 Mil. Its Revenue for the three months ended in Dec. 2023 was $0.14 Mil.

AppTech Payments's COGS to Revenue for the three months ended in Dec. 2023 was 0.20.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AppTech Payments's Gross Margin % for the three months ended in Dec. 2023 was 80.14%.

AppTech Payments COGS-to-Revenue Historical Data

The historical data trend for AppTech Payments's COGS-to-Revenue 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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AppTech Payments COGS-to-Revenue Chart

AppTech Payments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.39

0.43

0.42

0.49

0.37

AppTech Payments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.49	0.60	0.46	0.31	0.20

AppTech Payments COGS-to-Revenue Calculation

AppTech Payments's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.187	/	0.504
	=	0.37

AppTech Payments's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.028	/	0.141
	=	0.20

AppTech Payments (NAS:APCX) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

AppTech Payments's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.028 / 0.141
	=	80.14 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

AppTech Payments COGS-to-Revenue Related Terms

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AppTech Payments (AppTech Payments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppTech Payments Corp (NAS:APCX) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5876 Owens Avenue, Suite 100, Carlsbad, CA, USA, 92008

Website

https://www.apptechcorp.com

AppTech Payments Corp is a FinTech company utilizing various payment processing and digital banking technologies to complement core merchant services capabilities. The company's patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions, and business enterprises. It is developing a secure digital payments and banking platform that powers commerce experiences for clients and customers. Based upon industry standards for payment and banking protocols, it will offer standalone products and fully integrated solutions that deliver unparalleled payments, banking, and financial services experiences.

Executives

Chad Nelley	officer: COO	5876 OWENS AVE, SUITE #100, CARLSBAD CA 92008
Benjamin D Jenkins	officer: CTO	5876 OWENS AVE., SUITE 100, CARLSBAD CA 92008
Christopher S Williams	director	5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael A. O'neal	director	C/O NORTEK SECURITY & CONTROL LLC, 1950 CAMINO VIDA ROBLE, CARLSBAD CA 92008
William Huff	director	2275 RIO BONITO WAY, SUITE 210, SAN DIEGO CA 92108
Mengyin H Liang	director	124 STELLAR, IRVINE CA 92618
Marc D Evans	officer: Corporate Secretary	5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael Yadgar	director	PO BOX 259, MANAMA C6 00000
Ventures Ndigital	10 percent owner	C/O INFINIOS SOLUTIONS (BAHRAIN) W.L.L., PO BOX 11970, MANAMA C6 00000
Virgil Llapitan	other: Executive Vice President	2302 ALTISMA WAY, 104, CARLSBAD CA 92009
Michael B Gross	director	5876 OWENS AVENUE, SUITE 100, CARLSBAD CA 92008
Jeffrey Moriarty	officer: Secretary	12545 PARISH ROAD, SAN DIEGO CA 92128
Gary B Wachs	director, officer: Chief Financial Officer	23500 MERCANTILE RD, SUITE A, BEACHWOOD OH 44122
Luke Damian D'angelo	director, 10 percent owner, officer: Executive Director, Chairman	2011 PALOMAR AIRPORT ROAD, SUITE 102, CARLSBAD CA 92011
Timothy J Connolly	director, 10 percent owner, officer: President and CEO	1770 ST JAMES PLACE, SUITE 116, HOUSTON TX 77056