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AUID (AuthID) Gross Margin % : 0.00% (As of Sep. 2024)


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What is AuthID Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AuthID's Gross Profit for the three months ended in Sep. 2024 was $0.25 Mil. AuthID's Revenue for the three months ended in Sep. 2024 was $0.25 Mil. Therefore, AuthID's Gross Margin % for the quarter that ended in Sep. 2024 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 AuthID's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of AuthID was 265.80%. The lowest was 67.17%. And the median was 74.09%.

AUID's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.435
* Ranked among companies with meaningful Gross Margin % only.

AuthID had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


AuthID Gross Margin % Historical Data

The historical data trend for AuthID'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.

AuthID Gross Margin % Chart

AuthID Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.79 69.08 265.80 - -

AuthID Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of AuthID's Gross Margin %

For the Software - Infrastructure subindustry, AuthID'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.


AuthID's Gross Margin % Distribution in the Software Industry

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

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



AuthID 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.)

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

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0.2 / 0.19
=(Revenue - Cost of Goods Sold) / Revenue
=(0.19 - 0) / 0.19
=N/A %

AuthID's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.2 / 0.249
=(Revenue - Cost of Goods Sold) / Revenue
=(0.249 - 0) / 0.249
=N/A %

* 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.


AuthID  (NAS:AUID) 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

AuthID had a gross margin of N/A% for the quarter that ended in Sep. 2024 => 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.


AuthID Gross Margin % Related Terms

Thank you for viewing the detailed overview of AuthID's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


AuthID Business Description

Traded in Other Exchanges
N/A
Address
1580 North Logan Street, Suite 660, Unit 51767, Denver, CO, USA, 80203
AuthID Inc is a company engaged in ensuring cyber-savvy enterprises "Know Who's Behind the Device" for every customer or employee login and transaction. Through its easy-to-integrate, patented, biometric identity platform, authID quickly and accurately verifies a user's identity, eliminating any assumption of who is behind a device and preventing cybercriminals from taking over accounts. authID combines digital onboarding, biometric passwordless authentication and account recovery, with a fast, accurate, user-friendly experience-delivering identity verification.
Executives
Thomas Robert Szoke director, officer: Chief Solutions Architect 160 E. LAKE BRANTLEY DRIVE, LONGWOOD FL 32779
Michael Charles Thompson director 241 WEST MARKET ST., LEESBURG VA 20176
Stephen Jeffrey Garchik other: Director by Deputization 880 DOVER STREET, BOCA RATON FL 33487
Ken Jisser director 1195 NIKULINA CT, SAN JOSE CA 95120
Rhoniel Daguro director 846 FARM DRIVE, WEST CHICAGO IL 60185
Joseph Trelin director 3348 E TERRACE STREET, SEATTLE WA 98122
Edward C Sellitto officer: Chief Financial Officer 85 ATTERBURY DRIVE, SMITHTOWN NY 11787
Pham Hang Thi Bich officer: Chief Financial Officer 7208 CIELO AZUL PASS, AUSTIN TX 78732
Michael L Koehneman director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Smith Cecil N Iii officer: President & CTO 1420 S ELIZABETH ST., DENVER CO 80210
Stuart Stoller officer: Chief Financial Officer C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Neepa Patel director 150 EAST 44TH ST. APT 10D, NEW YORK NY 10017
Phillip L Kumnick director J549 QUAIL RIDGE LANE, PO BOX 564, ST. ALBANS MT 63073
Thomas L Thimot director, officer: Chief Executive Officer 201 JONES RD, WALTHAM MA 02451
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462