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Bioxyne (ASX:BXN) Gross Margin % : 29.77% (As of Jun. 2024)


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What is Bioxyne Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bioxyne's Gross Profit for the six months ended in Jun. 2024 was A$1.38 Mil. Bioxyne's Revenue for the six months ended in Jun. 2024 was A$4.62 Mil. Therefore, Bioxyne's Gross Margin % for the quarter that ended in Jun. 2024 was 29.77%.

Warning Sign:

Bioxyne Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.3%.


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

ASX:BXN' s Gross Margin % Range Over the Past 10 Years
Min: 36.44   Med: 52.35   Max: 55.41
Current: 36.44


During the past 13 years, the highest Gross Margin % of Bioxyne was 55.41%. The lowest was 36.44%. And the median was 52.35%.

ASX:BXN's Gross Margin % is ranked better than
70.76% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs ASX:BXN: 36.44

Bioxyne had a gross margin of 29.77% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bioxyne was -8.30% per year.


Bioxyne Gross Margin % Historical Data

The historical data trend for Bioxyne'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.

Bioxyne Gross Margin % Chart

Bioxyne Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.78 51.23 53.35 36.78 36.44

Bioxyne Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 49.15 50.12 32.72 42.99 29.77

Competitive Comparison of Bioxyne's Gross Margin %

For the Packaged Foods subindustry, Bioxyne'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.


Bioxyne's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bioxyne's Gross Margin % distribution charts can be found below:

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



Bioxyne Gross Margin % Calculation

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

Bioxyne'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 )
=3.4 / 9.325
=(Revenue - Cost of Goods Sold) / Revenue
=(9.325 - 5.927) / 9.325
=36.44 %

Bioxyne'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 )
=1.4 / 4.622
=(Revenue - Cost of Goods Sold) / Revenue
=(4.622 - 3.246) / 4.622
=29.77 %

* 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.


Bioxyne  (ASX:BXN) 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

Bioxyne had a gross margin of 29.77% 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.


Bioxyne Gross Margin % Related Terms

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


Bioxyne Business Description

Traded in Other Exchanges
N/A
Address
50 Clarence Street, Suite 506, Level 5, Sydney, NSW, AUS, 2000
Bioxyne Ltd is an Australian life science and health products company. The company is engaged in the development, manufacture, and distribution of consumer dietary supplements based on the proprietary probiotic strain of Lactobacillus fermentum PCC. Some of its products include Breathe Life Science, Dr Watson, BLS Clinics, Mirai Solution, CanXChange, and others. The company operates in segments namely, wholesale sales, Plant-based, Manufacturing sales, and direct sales. The majority of the revenue is generated from plants based segment.

Bioxyne Headlines

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