LTRY (Lottery.com) COGS-to-Revenue : 0.18 (As of Jun. 2024)

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What is Lottery.com COGS-to-Revenue?

Lottery.com's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.05 Mil. Its Revenue for the three months ended in Jun. 2024 was $0.26 Mil.

Lottery.com's COGS to Revenue for the three months ended in Jun. 2024 was 0.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lottery.com's Gross Margin % for the three months ended in Jun. 2024 was 82.10%.

Lottery.com COGS-to-Revenue Historical Data

The historical data trend for Lottery.com'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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Lottery.com COGS-to-Revenue Chart

Lottery.com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.45

0.40

0.50

0.64

0.81

Lottery.com Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial												0.15	0.26	1.01	0.32	0.18

Lottery.com COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.666	/	6.987
	=	0.81

Lottery.com's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.046	/	0.257
	=	0.18

Lottery.com (NAS:LTRY) COGS-to-Revenue Explanation

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

Lottery.com's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.046 / 0.257
	=	82.10 %

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.

Lottery.com COGS-to-Revenue Related Terms

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Lottery.com Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (NAS:LTRY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669

Website

https://www.lottery.com

Lottery.com Inc is a leading provider of domestic and international lottery products and services. As an independent third-party lottery game service, the Company offers a platform that it developed and operates to enable the remote purchase of legally sanctioned lottery games in the U.S. and abroad. The Company's revenue-generating activities are focused on (i) offering the Platform via the Lottery.com app and its websites to users located in the U.S. and international jurisdictions where the sale of lottery games is legal and its services are enabled for the remote purchase of legally sanctioned lottery games; (ii) offering an internally developed, created and operated business-to-business application programming interface of the Platform to enable commercial partners in permitted U.S.

Executives

Robert J Stubblefield	officer: Chief Financial Officer	C/O LOTTERY.COM, INC., 20808 STATE HWY 71 W, UNIT B, SPICEWOOD TX 78669
Ald Holdings Group, Llc	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Woodford Eurasia Assets Ltd.	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mc Holdings Group, Llc	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mark John Gustavson	officer: Chief Executive Officer	3/3 GREENE STREET, MILL VALLEY CA 94941
Thompson William C Jr	director	6650 EL CAMINO ROAD, LAS VEGAS NV 89118
Kathryn S Lever	officer: CLO & Secretary	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Steven Michael Cohen	director	35 EAST 62ND STREET, NEW YORK NM 10065
Richard Kivel	director	C/O REXAHN PHARMACEUTICALS, INC., 15245 SHADY GROVE ROAD, SUITE 455, ROCKVILLE MD 20850
Dimatteo Lawrence Anthony Iii	director, 10 percent owner, officer: Chief Executive Officer	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Lisa M. Borders	director	C/O J.P. MORGAN PRIVATE INVESTMENTS INC., 383 MADISON AVENUE, NEW YORK NY 10179
Joseph Kaminkow	director	701 BRICKELL AVENUE SUITE 1550, MIAMI FL 33131
Ryan Dickinson	officer: Acting CFO; COO, PRES & TREAS	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Matthew Clemenson	director, 10 percent owner, officer: Chief Commercial Officer	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019