Atomos (ASX:AMS) Gross Margin % : 31.64% (As of Jun. 2024)

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What is Atomos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atomos's Gross Profit for the six months ended in Jun. 2024 was A$5.81 Mil. Atomos's Revenue for the six months ended in Jun. 2024 was A$18.38 Mil. Therefore, Atomos's Gross Margin % for the quarter that ended in Jun. 2024 was 31.64%.

Warning Sign:

Atomos Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.9%.

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

ASX:AMS' s Gross Margin % Range Over the Past 10 Years
Min: 11.02 Med: 36.86 Max: 47.37
Current: 31.4

During the past 7 years, the highest Gross Margin % of Atomos was 47.37%. The lowest was 11.02%. And the median was 36.86%.

ASX:AMS's Gross Margin % is ranked better than
63.58% of 2422 companies
in the Hardware industry
Industry Median: 24.655 vs ASX:AMS: 31.40

Atomos had a gross margin of 31.64% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Atomos was -14.90% per year.

Atomos Gross Margin % Historical Data

The historical data trend for Atomos'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.

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Atomos Gross Margin % Chart

Atomos Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross Margin %

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34.69

47.37

39.03

11.02

31.40

Atomos Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial							29.73	20.84	1.83	31.14	31.64

Competitive Comparison of Atomos's Gross Margin %

For the Consumer Electronics subindustry, Atomos'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.

Atomos's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Atomos's Gross Margin % distribution charts can be found below:

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

Atomos Gross Margin % Calculation

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

Atomos's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )	=	Gross Profit (A: Jun. 2024 )	/	Revenue (A: Jun. 2024 )
	=	11.2	/	35.738
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(35.738 - 24.517)	/	35.738
	=	31.40 %

Atomos's Gross Margin for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )	=	Gross Profit (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	5.8	/	18.375
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(18.375 - 12.561)	/	18.375
	=	31.64 %

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.

Atomos (ASX:AMS) 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

Atomos had a gross margin of 31.64% for the quarter that ended in Jun. 2024 => Competition eroding margins

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.

Atomos Gross Margin % Related Terms

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Atomos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Atomos Ltd (ASX:AMS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Swanston Street, Level 6, Carlton, AUS, 3053

Website

https://www.atomos.com

Atomos Ltd is a software and hardware technology company. It creates, develops, and commercializes ground-breaking products for the content creation market. The company manufactures and sells video equipment. Its devices take images directly from the camera's sensor, then enhance, record and distribute them for content creation. It geographically derives revenue from North America, Europe, the Middle East and Africa (EMEA), Asia Pacific (APAC), and Other.