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Mirriad Advertising (Mirriad Advertising) COGS-to-Revenue : 0.27 (As of Jun. 2023)


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What is Mirriad Advertising COGS-to-Revenue?

Mirriad Advertising's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.20 Mil. Its Revenue for the six months ended in Jun. 2023 was $0.75 Mil.

Mirriad Advertising's COGS to Revenue for the six months ended in Jun. 2023 was 0.27.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mirriad Advertising's Gross Margin % for the six months ended in Jun. 2023 was 73.23%.

Mirriad Advertising COGS-to-Revenue Historical Data

The historical data trend for Mirriad Advertising'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.

Mirriad Advertising COGS-to-Revenue Chart

Mirriad Advertising Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
COGS-to-Revenue
Get a 7-Day Free Trial 0.35 0.16 0.11 0.15 0.19

Mirriad Advertising Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.15 0.25 0.15 0.27

Mirriad Advertising COGS-to-Revenue Calculation

Mirriad Advertising's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=0.349 / 1.836
=0.19

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

COGS to Revenue=Cost of Goods Sold / Revenue
=0.2 / 0.747
=0.27

* 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.

Mirriad Advertising  (OTCPK:MMDDF) COGS-to-Revenue Explanation

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

Mirriad Advertising'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 - 0.2 / 0.747
=73.23 %

* 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.

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.

Mirriad Advertising COGS-to-Revenue Related Terms

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Mirriad Advertising (Mirriad Advertising) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mirriad Advertising PLC (OTCPK:MMDDF) » Definitions » COGS-to-Revenue
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LSE:TMG LSE:JWNG LSE:GVMH LSE:SAL LSE:DNM LSE:SBDS LSE:MDZ LSE:ICON LSE:SYS1 LSE:NAH XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 SAU:4071 ZD
Traded in Other Exchanges
MIRI:UK 8WQ:Germany
Address
One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Website
https://www.mirriad.com
Mirriad Advertising PLC provides an in-content advertising platform. Its artificial intelligence (AI) based platform is a solution for in-content advertising and virtual product placement. Geographically, it derives the majority of its revenue from the United States and has a presence in the UK, China, and other countries.