Identillect Technologies (FRA:8ID) COGS-to-Revenue : 0.06 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Identillect Technologies COGS-to-Revenue?

Identillect Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.01 Mil. Its Revenue for the three months ended in Mar. 2024 was €0.15 Mil.

Identillect Technologies's COGS to Revenue for the three months ended in Mar. 2024 was 0.06.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Identillect Technologies's Gross Margin % for the three months ended in Mar. 2024 was 94.48%.

Identillect Technologies COGS-to-Revenue Historical Data

The historical data trend for Identillect Technologies'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.

Identillect Technologies COGS-to-Revenue Chart

Identillect Technologies Annual Data

Trend

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.07

0.06

0.04

0.05

Identillect Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.05	0.03	0.07	0.04	0.06

Identillect Technologies COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.027	/	0.596
	=	0.05

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.008	/	0.145
	=	0.06

Identillect Technologies (FRA:8ID) COGS-to-Revenue Explanation

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

Identillect Technologies'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	-	0.008 / 0.145
	=	94.48 %

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.

Identillect Technologies COGS-to-Revenue Related Terms

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

Identillect Technologies (FRA:8ID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Identillect Technologies Corp (FRA:8ID) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ID:Canada

Address

609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3

Website

https://www.identillect.com

Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers a Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.

Identillect Technologies (FRA:8ID) Headlines

No Headlines