APM Human Services International Pty (ASX:APM) Gross Margin % : 99.62% (As of Jun. 2024)

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What is APM Human Services International Pty Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. APM Human Services International Pty's Gross Profit for the six months ended in Jun. 2024 was A$1,175 Mil. APM Human Services International Pty's Revenue for the six months ended in Jun. 2024 was A$1,179 Mil. Therefore, APM Human Services International Pty's Gross Margin % for the quarter that ended in Jun. 2024 was 99.62%.

The historical rank and industry rank for APM Human Services International Pty's Gross Margin % or its related term are showing as below:

ASX:APM' s Gross Margin % Range Over the Past 10 Years
Min: 99.8 Med: 99.81 Max: 99.82
Current: 99.8

During the past 4 years, the highest Gross Margin % of APM Human Services International Pty was 99.82%. The lowest was 99.80%. And the median was 99.81%.

ASX:APM's Gross Margin % is not ranked
in the Business Services industry.
Industry Median: 34.52 vs ASX:APM: 99.80

APM Human Services International Pty had a gross margin of 99.62% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for APM Human Services International Pty was 0.00% per year.

APM Human Services International Pty Gross Margin % Historical Data

The historical data trend for APM Human Services International Pty'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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APM Human Services International Pty Gross Margin % Chart

APM Human Services International Pty Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Gross Margin %

99.82

99.80

APM Human Services International Pty Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial			-	-	99.67	-	99.62

Competitive Comparison of APM Human Services International Pty's Gross Margin %

For the Staffing & Employment Services subindustry, APM Human Services International Pty'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.

APM Human Services International Pty's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, APM Human Services International Pty's Gross Margin % distribution charts can be found below:

* The bar in red indicates where APM Human Services International Pty's Gross Margin % falls into.

APM Human Services International Pty Gross Margin % Calculation

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

APM Human Services International Pty'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 )
	=	2289.9	/	2294.403
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2294.403 - 4.5319999999997)	/	2294.403
	=	99.80 %

APM Human Services International Pty'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 )
	=	1174.7	/	1179.227
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1179.227 - 4.5320000000002)	/	1179.227
	=	99.62 %

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.

APM Human Services International Pty (ASX:APM) 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

APM Human Services International Pty had a gross margin of 99.62% for the quarter that ended in Jun. 2024 => 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.

APM Human Services International Pty Gross Margin % Related Terms

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APM Human Services International Pty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » APM Human Services International Pty (ASX:APM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Ord Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.apm.net.au

APM Human Services International, on behalf of government bodies, provides services to assist job seekers in finding suitable employment, particularly those with a disability, injury, or illness. Services include job search assistance, vocational training, postplacement support, and allied health services such as rehabilitation and mental health. APM earns roughly 35% of revenue from Australia, 15% from Europe, 45% from North America, and the remaining 5% from New Zealand, Singapore, and South Korea.