Activeport Group (ASX:ATV) Gross Margin % : 61.74% (As of Dec. 2023)

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What is Activeport Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Activeport Group's Gross Profit for the six months ended in Dec. 2023 was A$5.59 Mil. Activeport Group's Revenue for the six months ended in Dec. 2023 was A$9.06 Mil. Therefore, Activeport Group's Gross Margin % for the quarter that ended in Dec. 2023 was 61.74%.

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

ASX:ATV' s Gross Margin % Range Over the Past 10 Years
Min: 41.19 Med: 45.21 Max: 58.52
Current: 58.52

During the past 3 years, the highest Gross Margin % of Activeport Group was 58.52%. The lowest was 41.19%. And the median was 45.21%.

ASX:ATV's Gross Margin % is ranked better than
66.48% of 2631 companies
in the Software industry
Industry Median: 41.74 vs ASX:ATV: 58.52

Activeport Group had a gross margin of 61.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Activeport Group Gross Margin % Historical Data

The historical data trend for Activeport Group'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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Activeport Group Gross Margin % Chart

Activeport Group Annual Data

Trend

Jun21

Jun22

Jun23

Gross Margin %

41.19

49.23

Activeport Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	31.05	49.14	42.09	55.67	61.74

Competitive Comparison of Activeport Group's Gross Margin %

For the Information Technology Services subindustry, Activeport Group'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.

Activeport Group's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Activeport Group's Gross Margin % distribution charts can be found below:

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

Activeport Group Gross Margin % Calculation

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

Activeport Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	9.6	/	19.405
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19.405 - 9.852)	/	19.405
	=	49.23 %

Activeport Group's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5.6	/	9.056
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.056 - 3.465)	/	9.056
	=	61.74 %

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.

Activeport Group (ASX:ATV) 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

Activeport Group had a gross margin of 61.74% for the quarter that ended in Dec. 2023 => 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.

Activeport Group Gross Margin % Related Terms

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Activeport Group (ASX:ATV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Activeport Group Ltd (ASX:ATV) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 St Georges Terrace, Level 28, West Perth, Perth, WA, AUS, 6000

Website

https://www.activeport.com.au

Activeport Group Ltd is engaged in the information technology-related business involving unique edge-to-cloud integrated service. It provides software used to orchestrate network connectivity from the Virtual Edge of the network at a customer's premises to data and Cloud services.