Ilika (AQSE:IKA.GB) Gross Margin % : -13,114.29% (As of Oct. 2023)

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

What is Ilika Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ilika's Gross Profit for the six months ended in Oct. 2023 was £-0.92 Mil. Ilika's Revenue for the six months ended in Oct. 2023 was £0.01 Mil. Therefore, Ilika's Gross Margin % for the quarter that ended in Oct. 2023 was -13,114.29%.

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

AQSE:IKA.GB' s Gross Margin % Range Over the Past 10 Years
Min: -70.52 Med: 44.98 Max: 55.85
Current: -70.52

During the past 13 years, the highest Gross Margin % of Ilika was 55.85%. The lowest was -70.52%. And the median was 44.98%.

AQSE:IKA.GB's Gross Margin % is ranked worse than
99.32% of 2929 companies
in the Industrial Products industry
Industry Median: 26.57 vs AQSE:IKA.GB: -70.52

Ilika had a gross margin of -13,114.29% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ilika was 0.10% per year.

Ilika Gross Margin % Historical Data

The historical data trend for Ilika'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.

* Premium members only.

Ilika Gross Margin % Chart

Ilika Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Gross Margin %

Get a 7-Day Free Trial

46.37

44.67

43.62

55.85

42.45

Ilika Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Gross Margin %	Get a 7-Day Free Trial															35.90	68.77	-	59.54	-13,114.29

Competitive Comparison of Ilika's Gross Margin %

For the Electrical Equipment & Parts subindustry, Ilika'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.

Ilika's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ilika's Gross Margin % distribution charts can be found below:

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

Ilika Gross Margin % Calculation

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

Ilika's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )	=	Gross Profit (A: Apr. 2023 )	/	Revenue (A: Apr. 2023 )
	=	0.3	/	0.702
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.702 - 0.404)	/	0.702
	=	42.45 %

Ilika's Gross Margin for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )	=	Gross Profit (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	-0.9	/	0.007
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.007 - 0.925)	/	0.007
	=	-13,114.29 %

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.

Ilika (AQSE:IKA.GB) 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

Ilika had a gross margin of -13,114.29% for the quarter that ended in Oct. 2023 => No sustainable 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.

Ilika Gross Margin % Related Terms

Thank you for viewing the detailed overview of Ilika's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ilika (AQSE:IKA.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ilika PLC (AQSE:IKA.GB) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

ILIKF:USA IKA:UK I8A:Germany

Address

Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL

Website

https://www.ilika.com

Ilika PLC is a pioneer in solid-state battery technology with its innovative Stereax micro batteries designed for Industrial IoT and MedTech markets. It also offers Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries that provide the specific power requirements to IoT or MedTech applications. Stereax battery technology offers compelling advantages over conventional lithium-ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability. Stereax solid state batteries are also customisable in shape and form, stackable and operational at high temperatures.

Ilika (AQSE:IKA.GB) Headlines

No Headlines