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Clever Culture Systems (ASX:CC5) Gross Margin % : 73.94% (As of Jun. 2024)


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What is Clever Culture Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Clever Culture Systems's Gross Profit for the six months ended in Jun. 2024 was A$0.40 Mil. Clever Culture Systems's Revenue for the six months ended in Jun. 2024 was A$0.55 Mil. Therefore, Clever Culture Systems's Gross Margin % for the quarter that ended in Jun. 2024 was 73.94%.


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

ASX:CC5' s Gross Margin % Range Over the Past 10 Years
Min: 62.31   Med: 84.08   Max: 91.3
Current: 88.14


During the past 13 years, the highest Gross Margin % of Clever Culture Systems was 91.30%. The lowest was 62.31%. And the median was 84.08%.

ASX:CC5's Gross Margin % is ranked better than
94.08% of 2618 companies
in the Software industry
Industry Median: 41.435 vs ASX:CC5: 88.14

Clever Culture Systems had a gross margin of 73.94% for the quarter that ended in Jun. 2024 => Durable competitive advantage

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


Clever Culture Systems Gross Margin % Historical Data

The historical data trend for Clever Culture Systems'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.

Clever Culture Systems Gross Margin % Chart

Clever Culture Systems 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 - - 62.31 80.02 88.14

Clever Culture Systems 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 52.68 61.82 92.30 99.02 73.94

Competitive Comparison of Clever Culture Systems's Gross Margin %

For the Software - Infrastructure subindustry, Clever Culture Systems'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.


Clever Culture Systems's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Clever Culture Systems's Gross Margin % falls into.



Clever Culture Systems Gross Margin % Calculation

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

Clever Culture Systems'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 )
=1.1 / 1.256
=(Revenue - Cost of Goods Sold) / Revenue
=(1.256 - 0.149) / 1.256
=88.14 %

Clever Culture Systems'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 )
=0.4 / 0.545
=(Revenue - Cost of Goods Sold) / Revenue
=(0.545 - 0.142) / 0.545
=73.94 %

* 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.


Clever Culture Systems  (ASX:CC5) 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

Clever Culture Systems had a gross margin of 73.94% 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.


Clever Culture Systems Gross Margin % Related Terms

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Clever Culture Systems Business Description

Traded in Other Exchanges
N/A
Address
16 Anster Street, Adelaide, SA, AUS, 5000
LBT Innovations Ltd is a designer of technology solutions for the medical industry. Its first product, MicroStreak, in the automation of the culture plate streaking process. Its second product, the Automated Plate Assessment System(APAS) is based upon LBT's intelligent imaging and machine learning software and remains the only U.S. FDA-cleared artificial intelligence technology for automated imaging, analysis, and interpretation of microbiology culture plates following incubation. The company operates in Australia, U.S., Sweden, UK, and Germany.

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