Innovid (Innovid) COGS-to-Revenue : 0.24 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Innovid COGS-to-Revenue?

Innovid's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.73 Mil. Its Revenue for the three months ended in Mar. 2024 was $36.74 Mil.

Innovid's COGS to Revenue for the three months ended in Mar. 2024 was 0.24.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Innovid's Gross Margin % for the three months ended in Mar. 2024 was 76.23%.

Innovid COGS-to-Revenue Historical Data

The historical data trend for Innovid'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.

* Premium members only.

Innovid COGS-to-Revenue Chart

Innovid Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.19

0.18

0.20

0.24

Innovid Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial											0.27	0.25	0.23	0.22	0.24

Innovid COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	33.805	/	139.882
	=	0.24

Innovid's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.732	/	36.738
	=	0.24

Innovid (NYSE:CTV.WS) COGS-to-Revenue Explanation

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

Innovid's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8.732 / 36.738
	=	76.23 %

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.

Innovid COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Innovid's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Innovid (Innovid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovid Corp (NYSE:CTV.WS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CTV:USA

Address

30 Irving Place, 12th Floor, New York, NY, USA, 10003

Website

https://www.innovid.com

Innovid Corp is a software platform that provides ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services.