ADRMF (Adherium) Gross Margin %: 69.36% (As of Dec. 2025) — 17% Above Median


What is Adherium Gross Margin %?

Adherium ADRMF Gross Margin % is 69.36% as of Dec. 2025, which is 17% above its 10-year median of 59.23. The stock has 8 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Adherium ranks better than 74.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Adherium's Gross Profit for the six months ended in Dec. 2025 was $0.37 Mil. Adherium's Revenue for the six months ended in Dec. 2025 was $0.53 Mil. Therefore, Adherium's Gross Margin % for the quarter that ended in Dec. 2025 was 69.36%.


The historical rank and industry rank for Adherium's Gross Margin % or its related term are showing as below:

ADRMF' s Gross Margin % Range Over the Past 10 Years
Min: -6.23   Med: 59.23   Max: 81.27
Current: 66.73


During the past 10 years, the highest Gross Margin % of Adherium was 81.27%. The lowest was -6.23%. And the median was 59.23%.

ADRMF's Gross Margin % is ranked better than
74.16% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs ADRMF: 66.73

Adherium had a gross margin of 69.36% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Adherium was 0.00% per year.


Adherium  (OTCPK:ADRMF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Adherium had a gross margin of 69.36% for the quarter that ended in Dec. 2025 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Adherium Gross Margin % Related Terms


Adherium Gross Margin % Historical Data

* Premium members only.

The historical data trend for Adherium's Gross Margin % 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.

Adherium Gross Margin % Chart

Adherium Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.19 60.75 79.06 31.90 13.72

Adherium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.57 81.17 -16.09 60.19 69.36

ADRMF vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Adherium's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adherium Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adherium's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Adherium's Gross Margin % falls into.



Adherium Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Adherium's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=0.1 / 0.532
=(Revenue - Cost of Goods Sold) / Revenue
=(0.532 - 0.459) / 0.532
=13.72 %

Adherium's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.4 / 0.532
=(Revenue - Cost of Goods Sold) / Revenue
=(0.532 - 0.163) / 0.532
=69.36 %

* 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 positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 69.36% mean?
Adherium (ADRMF) has a Gross Margin % of 69.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Adherium and its competitors. This is 17% above median its historical median of 59.23. According to the industry distribution chart, Adherium ranks #208 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 25.8%.
Is Adherium's Gross Margin % too high?
Adherium's current Gross Margin % of 69.36% is 17% above median its 10-year median of 59.23. The Medical Devices & Instruments industry median Gross Margin % is 52.07. Adherium's value of 69.36% is 33.2% above this industry median. Based on the distribution chart, Adherium ranks #208 out of 805 companies in the Medical Devices & Instruments industry, which is above the industry midpoint.
How does Adherium's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Adherium ranks #208 out of 805 companies for Gross Margin %. This puts Adherium in the upper half of its industry. The industry median Gross Margin % is 52.07. Adherium's value of 69.36% is 33.2% above this benchmark. While the company's 10-year median is 59.23 vs. the industry median of 52.07, Adherium has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adherium's current Gross Margin % of 69.36% is 33.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Adherium and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adherium's current Gross Margin % is 69.36%, which is 17% above median its own 10-year median of 59.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adherium stock overvalued right now?
Based on GuruFocus' analysis, Adherium (ADRMF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.00 — trading 70% below its estimated fair value. The current Gross Margin % is 69.36%, which is 17% above median its 10-year median of 59.23 and 33.2% above the Medical Devices & Instruments industry median of 52.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Adherium (ADRMF), the current Gross Margin % is 69.36% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adherium Business Description

Other Exchanges ADR:Australia
Address 447 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
Adherium Ltd is engaged in the development, manufacture, and supply of its Hailie digital health technologies that address sub-optimal medication use and improve health outcomes in chronic disease. It is an international Respiratory eHealth company focused on patient medication adherence, remote monitoring, and data management solutions for patients, payers, and providers. Its geographically segments include New Zealand and Australia, Europe, North America, and Asia. The majority of its revenue comes from Europe.