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Fawry For Banking Technology And Electronic Payment (CAI:FWRY) Gross Margin % : 65.82% (As of Mar. 2024)


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What is Fawry For Banking Technology And Electronic Payment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fawry For Banking Technology And Electronic Payment's Gross Profit for the three months ended in Mar. 2024 was E£716 Mil. Fawry For Banking Technology And Electronic Payment's Revenue for the three months ended in Mar. 2024 was E£1,087 Mil. Therefore, Fawry For Banking Technology And Electronic Payment's Gross Margin % for the quarter that ended in Mar. 2024 was 65.82%.


The historical rank and industry rank for Fawry For Banking Technology And Electronic Payment's Gross Margin % or its related term are showing as below:

CAI:FWRY' s Gross Margin % Range Over the Past 10 Years
Min: 43   Med: 51.9   Max: 64.03
Current: 64.03


During the past 9 years, the highest Gross Margin % of Fawry For Banking Technology And Electronic Payment was 64.03%. The lowest was 43.00%. And the median was 51.90%.

CAI:FWRY's Gross Margin % is ranked better than
72.28% of 2630 companies
in the Software industry
Industry Median: 41.72 vs CAI:FWRY: 64.03

Fawry For Banking Technology And Electronic Payment had a gross margin of 65.82% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fawry For Banking Technology And Electronic Payment was 6.00% per year.


Fawry For Banking Technology And Electronic Payment Gross Margin % Historical Data

The historical data trend for Fawry For Banking Technology And Electronic Payment'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.

Fawry For Banking Technology And Electronic Payment Gross Margin % Chart

Fawry For Banking Technology And Electronic Payment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 51.90 54.10 56.22 59.72 63.01

Fawry For Banking Technology And Electronic Payment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.98 61.63 63.76 64.18 65.82

Competitive Comparison of Fawry For Banking Technology And Electronic Payment's Gross Margin %

For the Software - Infrastructure subindustry, Fawry For Banking Technology And Electronic Payment'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.


Fawry For Banking Technology And Electronic Payment's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Fawry For Banking Technology And Electronic Payment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fawry For Banking Technology And Electronic Payment's Gross Margin % falls into.



Fawry For Banking Technology And Electronic Payment Gross Margin % Calculation

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

Fawry For Banking Technology And Electronic Payment'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 )
=2061.8 / 3272.016
=(Revenue - Cost of Goods Sold) / Revenue
=(3272.016 - 1210.194) / 3272.016
=63.01 %

Fawry For Banking Technology And Electronic Payment's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=715.6 / 1087.19
=(Revenue - Cost of Goods Sold) / Revenue
=(1087.19 - 371.57) / 1087.19
=65.82 %

* 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.


Fawry For Banking Technology And Electronic Payment  (CAI:FWRY) 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

Fawry For Banking Technology And Electronic Payment had a gross margin of 65.82% for the quarter that ended in Mar. 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.


Fawry For Banking Technology And Electronic Payment Gross Margin % Related Terms

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Fawry For Banking Technology And Electronic Payment (CAI:FWRY) Business Description

Traded in Other Exchanges
N/A
Address
Smart Village, Building 221, Floor 12, Financial district, Cairo, EGY
Fawry For Banking Technology And Electronic Payment is engaged in providing electronic payment services in Egypt. It offers ways to pay bills and other services in multiple channels like online, using ATMs, mobile wallets and retail points. The firm's network of retailers includes small groceries, pharmacies, stationary, and post-offices among others.

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