Optiscan Imaging (ASX:OIL) Gross Margin % : 43.63% (As of Jun. 2024)

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What is Optiscan Imaging Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Optiscan Imaging's Gross Profit for the six months ended in Jun. 2024 was A$0.31 Mil. Optiscan Imaging's Revenue for the six months ended in Jun. 2024 was A$0.71 Mil. Therefore, Optiscan Imaging's Gross Margin % for the quarter that ended in Jun. 2024 was 43.63%.

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

ASX:OIL' s Gross Margin % Range Over the Past 10 Years
Min: 54.41 Med: 68.22 Max: 72.92
Current: 54.46

During the past 13 years, the highest Gross Margin % of Optiscan Imaging was 72.92%. The lowest was 54.41%. And the median was 68.22%.

ASX:OIL's Gross Margin % is ranked better than
90.61% of 2429 companies
in the Hardware industry
Industry Median: 24.77 vs ASX:OIL: 54.46

Optiscan Imaging had a gross margin of 43.63% for the quarter that ended in Jun. 2024 => Durable competitive advantage

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

Optiscan Imaging Gross Margin % Historical Data

The historical data trend for Optiscan Imaging'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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Optiscan Imaging Gross Margin % Chart

Optiscan Imaging Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross Margin %

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67.08

54.41

Optiscan Imaging 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															-	-	55.08	71.49	43.63

Competitive Comparison of Optiscan Imaging's Gross Margin %

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.

Optiscan Imaging's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optiscan Imaging's Gross Margin % distribution charts can be found below:

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

Optiscan Imaging Gross Margin % Calculation

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

Optiscan Imaging'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 )
	=	0.6	/	1.156
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.156 - 0.527)	/	1.156
	=	54.41 %

Optiscan Imaging'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 )
	=	0.3	/	0.706
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.706 - 0.398)	/	0.706
	=	43.63 %

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.

Optiscan Imaging (ASX:OIL) 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

Optiscan Imaging had a gross margin of 43.63% 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.

Optiscan Imaging Gross Margin % Related Terms

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Optiscan Imaging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optiscan Imaging Ltd (ASX:OIL) » Definitions » Gross Margin %

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Address

16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.optiscan.com

Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation. Its geographical segments include Australia, Germany, Norway, China, and the United States.