BetMakers Technology Group (BetMakers Technology Group) COGS-to-Revenue : 0.36 (As of Dec. 2023)

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What is BetMakers Technology Group COGS-to-Revenue?

BetMakers Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $12.25 Mil. Its Revenue for the six months ended in Dec. 2023 was $34.38 Mil.

BetMakers Technology Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.36.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. BetMakers Technology Group's Gross Margin % for the six months ended in Dec. 2023 was 64.38%.

BetMakers Technology Group COGS-to-Revenue Historical Data

The historical data trend for BetMakers Technology Group'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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BetMakers Technology Group COGS-to-Revenue Chart

BetMakers Technology Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.36

0.26

0.48

0.28

0.38

BetMakers Technology Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial												0.26	0.29	0.35	0.40	0.36

BetMakers Technology Group COGS-to-Revenue Calculation

BetMakers Technology Group's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	24.062	/	63.777
	=	0.38

BetMakers Technology Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.245	/	34.379
	=	0.36

BetMakers Technology Group (OTCPK:TPBTF) COGS-to-Revenue Explanation

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

BetMakers Technology Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	12.245 / 34.379
	=	64.38 %

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.

BetMakers Technology Group COGS-to-Revenue Related Terms

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BetMakers Technology Group (BetMakers Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BetMakers Technology Group Ltd (OTCPK:TPBTF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

BET:Australia

Address

189 Flinders Lane, Level 4, Melbourne, VIC, AUS, 3000

Website

http://www.thebetmakers.com

BetMakers Technology Group Ltd engages in the development and provision of data and analytic products. The firm operates in three segments: Global racing network, Global betting services, and Global Tote. The Global racing network segment assists racing bodies and rights holders in producing and distributing race content including services such as barrier technology, official price calculation, vision, and pricing distribution. The Global betting services segment which derives the majority of revenue provides a variety of racing data and analytical tools consisting of basic race data such as pricing, runners, and form, analytical tools. The Global Tote segment includes the provision of tote software and integrations to facilitate tote liquidity and results.

BetMakers Technology Group (BetMakers Technology Group) Headlines

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