The historical rank and industry rank for The Crypto Co's Gross Margin % or its related term are showing as below:
CRCW'
s Gross Margin % Range Over the Past 10 Years
Min: -32.26 Med: 38.67 Max: 53.03
Current: -32.26
During the past 9 years, the highestGross Margin % of The Crypto Co was 53.03%. The lowest was -32.26%. And the median was 38.67%.
CRCW's Gross Margin % is ranked worse than 98.08% of 2651
companies
in the Software industry
Industry Median: 41.24
vs CRCW: -32.26
The Crypto Co had a gross margin of 30.00% for the quarter that ended in Sep. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for The Crypto Co was 0.00% per year.
The Crypto Co Gross Margin % Historical Data
The historical data trend for The Crypto Co'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.
Competitive Comparison of The Crypto Co's Gross Margin %
For the Information Technology Services subindustry, The Crypto Co'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.
The Crypto Co's Gross Margin % Distribution in the Software Industry
For the Software industry and Technology sector, The Crypto Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where The Crypto Co's Gross Margin % falls into.
* 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.
The Crypto Co (OTCPK:CRCW) 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
The Crypto Co had a gross margin of 30.00% for the quarter that ended in Sep. 2024 => 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.
The Crypto Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of The Crypto Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Crypto Co is a United States-based company. It is engaged in the business of providing consulting services and education for distributed ledger technologies (blockchain) for the building of technological infrastructure and enterprise blockchain technology solutions.
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