Flexiroam (ASX:FRX) Gross Margin % : 65.34% (As of Dec. 2023)

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What is Flexiroam Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Flexiroam's Gross Profit for the six months ended in Dec. 2023 was A$4.88 Mil. Flexiroam's Revenue for the six months ended in Dec. 2023 was A$7.47 Mil. Therefore, Flexiroam's Gross Margin % for the quarter that ended in Dec. 2023 was 65.34%.

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

ASX:FRX' s Gross Margin % Range Over the Past 10 Years
Min: -39.13 Med: 36.09 Max: 61.27
Current: 61.27

During the past 8 years, the highest Gross Margin % of Flexiroam was 61.27%. The lowest was -39.13%. And the median was 36.09%.

ASX:FRX's Gross Margin % is ranked better than
67.71% of 353 companies
in the Telecommunication Services industry
Industry Median: 49.04 vs ASX:FRX: 61.27

Flexiroam had a gross margin of 65.34% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Flexiroam Gross Margin % Historical Data

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

Flexiroam Annual Data

Trend

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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44.32

39.03

-39.13

40.29

43.35

Flexiroam Semi-Annual Data
	Jun15	Dec15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Dec23
Gross Margin %	Get a 7-Day Free Trial												58.63	29.90	26.21	55.45	65.34

Competitive Comparison of Flexiroam's Gross Margin %

For the Telecom Services subindustry, Flexiroam'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.

Flexiroam's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Flexiroam's Gross Margin % distribution charts can be found below:

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

Flexiroam Gross Margin % Calculation

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

Flexiroam's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	3.9	/	8.905
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8.905 - 5.045)	/	8.905
	=	43.35 %

Flexiroam'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 )
	=	4.9	/	7.472
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7.472 - 2.59)	/	7.472
	=	65.34 %

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.

Flexiroam (ASX:FRX) 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

Flexiroam had a gross margin of 65.34% 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.

Flexiroam Gross Margin % Related Terms

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Flexiroam (ASX:FRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Flexiroam Ltd (ASX:FRX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Jalan SS21/37, Damansara Utama, Lot 4-401 & 4-402, Level 4, The Starling Mall, Petaling Jaya, SGR, MYS, 47400

Website

https://www.flexiroam.com

Flexiroam Ltd is a virtual network operator that offers voice and data roaming services across the globe. The operating segment includes Travel and Solution. Their product line includes Flexiroam App and Flexiroam X. Corporate sales generate maximum revenue for the company.