Energy Action (ASX:EAX) Gross Margin % : 96.27% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Energy Action Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Energy Action's Gross Profit for the six months ended in Dec. 2023 was A$5.50 Mil. Energy Action's Revenue for the six months ended in Dec. 2023 was A$5.71 Mil. Therefore, Energy Action's Gross Margin % for the quarter that ended in Dec. 2023 was 96.27%.

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

ASX:EAX' s Gross Margin % Range Over the Past 10 Years
Min: 81.62 Med: 88.66 Max: 96.98
Current: 96.98

During the past 12 years, the highest Gross Margin % of Energy Action was 96.98%. The lowest was 81.62%. And the median was 88.66%.

ASX:EAX's Gross Margin % is ranked better than
96.25% of 987 companies
in the Business Services industry
Industry Median: 34.38 vs ASX:EAX: 96.98

Energy Action had a gross margin of 96.27% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Energy Action was 2.40% per year.

Energy Action Gross Margin % Historical Data

The historical data trend for Energy Action'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.

Energy Action Gross Margin % Chart

Energy Action Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

Get a 7-Day Free Trial

86.25

92.05

95.81

92.35

96.24

Energy Action Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															92.79	91.86	94.95	97.77	96.27

Competitive Comparison of Energy Action's Gross Margin %

For the Specialty Business Services subindustry, Energy Action'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.

Energy Action's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Energy Action's Gross Margin % distribution charts can be found below:

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

Energy Action Gross Margin % Calculation

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

Energy Action'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 )
	=	10.7	/	11.139
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11.139 - 0.419)	/	11.139
	=	96.24 %

Energy Action'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 )
	=	5.5	/	5.708
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.708 - 0.213)	/	5.708
	=	96.27 %

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.

Energy Action (ASX:EAX) 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

Energy Action had a gross margin of 96.27% 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.

Energy Action Gross Margin % Related Terms

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

Energy Action (ASX:EAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Energy Action Ltd (ASX:EAX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Station Street, Level 5, Parramatta, NSW, AUS, 2150

Website

https://www.energyaction.com.au

Energy Action Ltd is engaged in providing integrated energy management services to a diverse base of commercial, industrial and small and medium-sized business customers. It offers electricity and gas procurement services in Australia. The company's core services include Procurement; Managed Services; Retail Services and Other. The company has one operating segment, which provides electricity and gas procurement services, energy management, and retail billing services in Australia. The company provides various services such as Energy Buying, Energy Management, Embedded Networks. It derives a majority of its revenues from Energy Management.

Energy Action (ASX:EAX) Headlines

No Headlines