BLKLF (Blacklinefety) Gross Margin % : 59.03% (As of Jul. 2024)

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What is Blacklinefety Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Blacklinefety's Gross Profit for the three months ended in Jul. 2024 was $14.50 Mil. Blacklinefety's Revenue for the three months ended in Jul. 2024 was $24.56 Mil. Therefore, Blacklinefety's Gross Margin % for the quarter that ended in Jul. 2024 was 59.03%.

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

BLKLF' s Gross Margin % Range Over the Past 10 Years
Min: 43.11 Med: 46.72 Max: 56.69
Current: 56.69

During the past 13 years, the highest Gross Margin % of Blacklinefety was 56.69%. The lowest was 43.11%. And the median was 46.72%.

BLKLF's Gross Margin % is ranked better than
66.69% of 2618 companies
in the Software industry
Industry Median: 41.435 vs BLKLF: 56.69

Blacklinefety had a gross margin of 59.03% for the quarter that ended in Jul. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Blacklinefety was 2.10% per year.

Blacklinefety Gross Margin % Historical Data

The historical data trend for Blacklinefety'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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Blacklinefety Gross Margin % Chart

Blacklinefety Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Gross Margin %

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46.59

52.60

48.60

44.20

52.78

Blacklinefety Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Gross Margin %	Get a 7-Day Free Trial															54.06	54.78	55.38	57.09	59.03

Competitive Comparison of Blacklinefety's Gross Margin %

For the Software - Application subindustry, Blacklinefety'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.

Blacklinefety's Gross Margin % Distribution in the Software Industry

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

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

Blacklinefety Gross Margin % Calculation

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

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

Gross Margin % (A: Oct. 2023 )	=	Gross Profit (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	38.5	/	72.933
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(72.933 - 34.44)	/	72.933
	=	52.78 %

Blacklinefety's Gross Margin for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )	=	Gross Profit (Q: Jul. 2024 )	/	Revenue (Q: Jul. 2024 )
	=	14.5	/	24.563
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(24.563 - 10.064)	/	24.563
	=	59.03 %

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.

Blacklinefety (OTCPK:BLKLF) 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

Blacklinefety had a gross margin of 59.03% for the quarter that ended in Jul. 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.

Blacklinefety Gross Margin % Related Terms

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Blacklinefety Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackline Safety Corp (OTCPK:BLKLF) » Definitions » Gross Margin %

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BLN:Canada

Address

803-24 Avenue S.E., Unit 100, Calgary, AB, CAN, T2G 1P5

Website

https://www.blacklinesafety.com

Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs. Its operating segments include, Product segment and Service segment which generates the majority of the revenue for the company. Service revenues relate to connectivity, monitoring and data services that it provides to the customers of its safety devices and includes access to the Blackline Safety Cloud, compliance and analytics reports, SOC monitoring, two-way voice functionality and push to talk capability. Geographically, it derives revenue from Canada, Europe, United States and Rest of the World.