PlaySide Studios (ASX:PLY) Gross Margin % : 0.00% (As of Dec. 2023)

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What is PlaySide Studios Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PlaySide Studios's Gross Profit for the six months ended in Dec. 2023 was A$36.20 Mil. PlaySide Studios's Revenue for the six months ended in Dec. 2023 was A$36.20 Mil. Therefore, PlaySide Studios's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

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

ASX:PLY's Gross Margin % is not ranked ^*
in the Interactive Media industry.
Industry Median: 61.03
* Ranked among companies with meaningful Gross Margin % only.

PlaySide Studios had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

PlaySide Studios Gross Margin % Historical Data

The historical data trend for PlaySide Studios'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.

PlaySide Studios Gross Margin % Chart

PlaySide Studios Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Gross Margin %

PlaySide Studios Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of PlaySide Studios's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, PlaySide Studios'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.

PlaySide Studios's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PlaySide Studios's Gross Margin % distribution charts can be found below:

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

PlaySide Studios Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

PlaySide Studios'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 )
	=	38.4	/	38.445
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(38.445 - 0)	/	38.445
	=	N/A %

PlaySide Studios'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 )
	=	36.2	/	36.201
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(36.201 - 0)	/	36.201
	=	N/A %

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.

PlaySide Studios (ASX:PLY) 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

PlaySide Studios had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable 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.

PlaySide Studios Gross Margin % Related Terms

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PlaySide Studios (ASX:PLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PlaySide Studios Ltd (ASX:PLY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

QJ9:Germany

Address

75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.playsidestudios.com

PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR) and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb ways to dash, and many others. The company has one reportable segment, development and monetization of mobile , PC and console video games.

PlaySide Studios (ASX:PLY) Headlines

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