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Intelligent Monitoring Group (ASX:IMB) Gross Margin % : 45.45% (As of Jun. 2024)


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What is Intelligent Monitoring Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Intelligent Monitoring Group's Gross Profit for the six months ended in Jun. 2024 was A$30.0 Mil. Intelligent Monitoring Group's Revenue for the six months ended in Jun. 2024 was A$66.1 Mil. Therefore, Intelligent Monitoring Group's Gross Margin % for the quarter that ended in Jun. 2024 was 45.45%.


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

ASX:IMB' s Gross Margin % Range Over the Past 10 Years
Min: 15   Med: 38.1   Max: 46.72
Current: 46.72


During the past 13 years, the highest Gross Margin % of Intelligent Monitoring Group was 46.72%. The lowest was 15.00%. And the median was 38.10%.

ASX:IMB's Gross Margin % is ranked better than
66.36% of 981 companies
in the Business Services industry
Industry Median: 34.52 vs ASX:IMB: 46.72

Intelligent Monitoring Group had a gross margin of 45.45% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Intelligent Monitoring Group was 3.30% per year.


Intelligent Monitoring Group Gross Margin % Historical Data

The historical data trend for Intelligent Monitoring 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.

* Premium members only.

Intelligent Monitoring Group Gross Margin % Chart

Intelligent Monitoring Group 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 39.17 41.45 40.63 38.10 46.72

Intelligent Monitoring Group 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 43.09 39.67 36.64 48.23 45.45

Competitive Comparison of Intelligent Monitoring Group's Gross Margin %

For the Security & Protection Services subindustry, Intelligent Monitoring 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.


Intelligent Monitoring Group's Gross Margin % Distribution in the Business Services Industry

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

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



Intelligent Monitoring Group Gross Margin % Calculation

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

Intelligent Monitoring Group'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 )
=56.9 / 121.796
=(Revenue - Cost of Goods Sold) / Revenue
=(121.796 - 64.895) / 121.796
=46.72 %

Intelligent Monitoring Group'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 )
=30 / 66.094
=(Revenue - Cost of Goods Sold) / Revenue
=(66.094 - 36.056) / 66.094
=45.45 %

* 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.


Intelligent Monitoring Group  (ASX:IMB) 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

Intelligent Monitoring Group had a gross margin of 45.45% for the quarter that ended in Jun. 2024 => 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.


Intelligent Monitoring Group Gross Margin % Related Terms

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Intelligent Monitoring Group Business Description

Traded in Other Exchanges
N/A
Address
1 Tully Road, Suite 2, East Perth, Perth, WA, AUS, 6004
Intelligent Monitoring Group Ltd is engaged in the provision of security, monitoring and risk management services in Australia. The company provides security services such as security alarm monitoring and installations and security guarding services across Australia. The segments of the company include Monitoring, Protective Services, and Services. The company derives majority of revenue from Monitoring services. Geographically, it generates revenue from Australia.

Intelligent Monitoring Group Headlines

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