Chrysos (ASX:C79) Gross Margin % : 99.77% (As of Dec. 2023)

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What is Chrysos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chrysos's Gross Profit for the six months ended in Dec. 2023 was A$18.91 Mil. Chrysos's Revenue for the six months ended in Dec. 2023 was A$18.96 Mil. Therefore, Chrysos's Gross Margin % for the quarter that ended in Dec. 2023 was 99.77%.

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

ASX:C79' s Gross Margin % Range Over the Past 10 Years
Min: 5.08 Med: 50.52 Max: 98.21
Current: 98.21

During the past 2 years, the highest Gross Margin % of Chrysos was 98.21%. The lowest was 5.08%. And the median was 50.52%.

ASX:C79's Gross Margin % is ranked better than
97.75% of 2627 companies
in the Software industry
Industry Median: 41.73 vs ASX:C79: 98.21

Chrysos had a gross margin of 99.77% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Chrysos Gross Margin % Historical Data

The historical data trend for Chrysos'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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Chrysos Gross Margin % Chart

Chrysos Annual Data

Trend

Jun22

Jun23

Gross Margin %

5.08

95.95

Chrysos Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	-	-	95.67	96.19	99.77

Competitive Comparison of Chrysos's Gross Margin %

For the Software - Application subindustry, Chrysos'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.

Chrysos's Gross Margin % Distribution in the Software Industry

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

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

Chrysos Gross Margin % Calculation

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

Chrysos'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 )
	=	25.7	/	26.817
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(26.817 - 1.085)	/	26.817
	=	95.95 %

Chrysos'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 )
	=	18.9	/	18.956
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(18.956 - 0.044)	/	18.956
	=	99.77 %

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.

Chrysos (ASX:C79) 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

Chrysos had a gross margin of 99.77% 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.

Chrysos Gross Margin % Related Terms

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Chrysos (ASX:C79) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Chrysos Corp Ltd (ASX:C79) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

YI1:Germany

Address

c/o CSIRO Reception Gate 4, Waite Road, Urrbrae, SA, AUS, 5064

Website

https://www.chrysos.com.au

Chrysos Corp Ltd creates technology solutions for the global mining industry. The company's flagship product PhotonAssay delivers faster, safer, more accurate, and environmentally friendly analysis of gold, silver, and complementary elements. The Group has three reportable segments namely, EMEA, Australia, and Americas, where the majority of revenue is generated from Australia.

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