AtlasClear Holdings (AtlasClear Holdings) COGS-to-Revenue : 0.83 (As of Jun. 2023)

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What is AtlasClear Holdings COGS-to-Revenue?

AtlasClear Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $7.55 Mil. Its Revenue for the six months ended in Jun. 2023 was $9.09 Mil.

AtlasClear Holdings's COGS to Revenue for the six months ended in Jun. 2023 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AtlasClear Holdings's Gross Margin % for the six months ended in Jun. 2023 was 16.89%.

AtlasClear Holdings COGS-to-Revenue Historical Data

The historical data trend for AtlasClear Holdings'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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AtlasClear Holdings COGS-to-Revenue Chart

AtlasClear Holdings Annual Data

Trend

Jun22

COGS-to-Revenue

0.73

AtlasClear Holdings Semi-Annual Data
	Jun22	Jun23
COGS-to-Revenue	0.73	0.83

AtlasClear Holdings COGS-to-Revenue Calculation

AtlasClear Holdings's COGS to Revenue for the fiscal year that ended in Jun. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9.714	/	13.311
	=	0.73

AtlasClear Holdings's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.554	/	9.089
	=	0.83

AtlasClear Holdings (AMEX:ATCH) COGS-to-Revenue Explanation

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

AtlasClear Holdings's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7.554 / 9.089
	=	16.89 %

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.

AtlasClear Holdings COGS-to-Revenue Related Terms

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AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607

Website

https://www.atlasclear.com

AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

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