BTRCF (Better Collective AS) Gross Margin %: 38.98% (As of Mar. 2026) — 23% Below Median


BTRCF Better Collective AS BTRCF
91 GF Score
Price $15.39
GF Value $19.41
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Better Collective AS Gross Margin %?

Better Collective AS BTRCF 91 Gross Margin % is 38.98% as of Mar. 2026, which is 23% below its 10-year median of 50.86. GuruFocus rates BTRCF with a GF Score™ of 91/100 and a GF Value™ of $19.41 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,685 Software companies, Better Collective AS ranks better than 54.38% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Better Collective AS's Gross Profit for the three months ended in Mar. 2026 was $38.9 Mil. Better Collective AS's Revenue for the three months ended in Mar. 2026 was $99.8 Mil. Therefore, Better Collective AS's Gross Margin % for the quarter that ended in Mar. 2026 was 38.98%.

Warning Sign:

Better Collective AS gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

BTRCF' s Gross Margin % Range Over the Past 10 Years
Min: 43.4   Med: 50.86   Max: 64.18
Current: 44.27


During the past 12 years, the highest Gross Margin % of Better Collective AS was 64.18%. The lowest was 43.40%. And the median was 50.86%.

BTRCF's Gross Margin % is ranked better than
54.38% of 2685 companies
in the Software industry
Industry Median: 40.45 vs BTRCF: 44.27

Better Collective AS had a gross margin of 38.98% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Better Collective AS was -3.20% per year.


Better Collective AS  (OTCPK:BTRCF) 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

Better Collective AS had a gross margin of 38.98% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Better Collective AS Gross Margin % Related Terms


Better Collective AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Better Collective AS'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.

Better Collective AS Gross Margin % Chart

Better Collective AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.08 43.40 45.77 44.19 43.93

Better Collective AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.25 37.46 35.82 62.13 38.98

BTRCF vs CRM, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS Gross Margin % vs Software Industry

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

* The bar in red indicates where Better Collective AS's Gross Margin % falls into.


BTRCF
91GF Score
Better Collective AS BTRCF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Better Collective AS Gross Margin % Calculation

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

Better Collective AS's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=173.2 / 394.226
=(Revenue - Cost of Goods Sold) / Revenue
=(394.226 - 221.023) / 394.226
=43.93 %

Better Collective AS's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=38.9 / 99.795
=(Revenue - Cost of Goods Sold) / Revenue
=(99.795 - 60.896) / 99.795
=38.98 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 38.98% mean?
Better Collective AS (BTRCF) has a Gross Margin % of 38.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Better Collective AS and its competitors. This is 23% below median its historical median of 50.86. Over the past decade, Better Collective AS's Gross Margin % has ranged from 43.40 to 64.18. According to the industry distribution chart, Better Collective AS ranks #1225 out of 2685 companies in the Software industry, placing it in the top 45.6%.
Is Better Collective AS's Gross Margin % too high?
Better Collective AS's current Gross Margin % of 38.98% is 23% below median its 10-year median of 50.86. Over the past 10 years, this metric has ranged from a low of 43.40 to a high of 64.18. The Software industry median Gross Margin % is 40.45. Better Collective AS's value of 38.98% is 3.6% below this industry median. Based on the distribution chart, Better Collective AS ranks #1225 out of 2685 companies in the Software industry, which is above the industry midpoint. Overall, Better Collective AS has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Better Collective AS's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Better Collective AS ranks #1225 out of 2685 companies for Gross Margin %. This puts Better Collective AS in the upper half of its industry. The industry median Gross Margin % is 40.45. Better Collective AS's value of 38.98% is 3.6% below this benchmark. Historically, Better Collective AS's own Gross Margin % has ranged from 43.40 to 64.18 over the past decade. While the company's 10-year median is 50.86 vs. the industry median of 40.45, Better Collective AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Better Collective AS's current Gross Margin % of 38.98% is 3.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Better Collective AS and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Better Collective AS's current Gross Margin % is 38.98%, which is 23% below median its own 10-year median of 50.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Collective AS stock overvalued right now?
Based on GuruFocus' analysis, Better Collective AS (BTRCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.41, compared to a current price of $15.39 — trading 20.7% below its estimated fair value. The current Gross Margin % is 38.98%, which is 23% below median its 10-year median of 50.86 and 3.6% below the Software industry median of 40.45. Better Collective AS's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Better Collective AS (BTRCF), the current Gross Margin % is 38.98% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Better Collective AS (BTRCF) Overvalued in 2026?

Based on GuruFocus' analysis, Better Collective AS stock appears to be undervalued. The current stock price of $15.39 is trading 20.7% below its estimated GF Value™ of $19.41. GuruFocus considers Better Collective AS to be Modestly Overvalued.

Key valuation signals for BTRCF:

  • Gross Margin %: 38.98% (23% below median its 10-year median of 50.86)
  • GF Value™: $19.41 vs. price of $15.39 (20.7% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 3.6% below the Software median (#1225 of 2685)

No single metric tells the full story. See the BTRCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Better Collective AS Business Description

Address Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.
91GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.39
Price
$19.41
GF Value