CoinShares International (CoinShares International) Gross Margin % : 86.48% (As of Mar. 2024)

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What is CoinShares International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CoinShares International's Gross Profit for the three months ended in Mar. 2024 was $21.45 Mil. CoinShares International's Revenue for the three months ended in Mar. 2024 was $24.80 Mil. Therefore, CoinShares International's Gross Margin % for the quarter that ended in Mar. 2024 was 86.48%.

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

CNSRF' s Gross Margin % Range Over the Past 10 Years
Min: 63.49 Med: 65.63 Max: 95.09
Current: 95.09

During the past 6 years, the highest Gross Margin % of CoinShares International was 95.09%. The lowest was 63.49%. And the median was 65.63%.

CNSRF's Gross Margin % is ranked better than
91.79% of 597 companies
in the Capital Markets industry
Industry Median: 50.38 vs CNSRF: 95.09

CoinShares International had a gross margin of 86.48% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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

CoinShares International Gross Margin % Historical Data

The historical data trend for CoinShares International'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.

CoinShares International Gross Margin % Chart

CoinShares International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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65.63

63.55

81.51

63.49

83.17

CoinShares International Quarterly Data
	Dec18	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															80.86	-	-	-	86.48

Competitive Comparison of CoinShares International's Gross Margin %

For the Capital Markets subindustry, CoinShares International'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.

CoinShares International's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CoinShares International's Gross Margin % distribution charts can be found below:

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

CoinShares International Gross Margin % Calculation

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

CoinShares International'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 )
	=	45.4	/	54.535
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(54.535 - 9.179)	/	54.535
	=	83.17 %

CoinShares International'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 )
	=	21.5	/	24.803
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(24.803 - 3.353)	/	24.803
	=	86.48 %

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.

CoinShares International (OTCPK:CNSRF) 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

CoinShares International had a gross margin of 86.48% 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.

CoinShares International Gross Margin % Related Terms

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CoinShares International (CoinShares International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CoinShares International Ltd (OTCPK:CNSRF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CS:Sweden 3TW:Germany

Address

2 Hill Street, 2nd Floor, Saint Helier, JEY, JE2 4UA

Website

https://www.coinshares.com

CoinShares International Ltd is the European digital asset manager that delivers a broad range of financial services across investment management, trading, securities, and consumer products to a wide array of clients that includes corporations, financial institutions, and individuals. The Group comprises four core operating segments; Asset Management, Capital Markets, Principal Investments, and Consumer Solutions. The company derives a majority of its revenue from the Asset management segment.