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Crown ElectroKinetics (Crown ElectroKinetics) Gross Margin % : -139.88% (As of Mar. 2024)


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What is Crown ElectroKinetics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Crown ElectroKinetics's Gross Profit for the three months ended in Mar. 2024 was $-0.95 Mil. Crown ElectroKinetics's Revenue for the three months ended in Mar. 2024 was $0.68 Mil. Therefore, Crown ElectroKinetics's Gross Margin % for the quarter that ended in Mar. 2024 was -139.88%.


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

CRKN' s Gross Margin % Range Over the Past 10 Years
Min: -520   Med: -479.08   Max: -21.58
Current: -206.4


During the past 5 years, the highest Gross Margin % of Crown ElectroKinetics was -21.58%. The lowest was -520.00%. And the median was -479.08%.

CRKN's Gross Margin % is ranked worse than
99.8% of 1510 companies
in the Chemicals industry
Industry Median: 22.355 vs CRKN: -206.40

Crown ElectroKinetics had a gross margin of -139.88% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Crown ElectroKinetics Gross Margin % Historical Data

The historical data trend for Crown ElectroKinetics'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.

Crown ElectroKinetics Gross Margin % Chart

Crown ElectroKinetics Annual Data
Trend Mar19 Mar20 Mar21 Dec22 Dec23
Gross Margin %
-21.58 -520.00 - - -479.08

Crown ElectroKinetics 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 -40.91 37.84 - -785.11 -139.88

Competitive Comparison of Crown ElectroKinetics's Gross Margin %

For the Specialty Chemicals subindustry, Crown ElectroKinetics'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.


Crown ElectroKinetics's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown ElectroKinetics's Gross Margin % distribution charts can be found below:

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



Crown ElectroKinetics Gross Margin % Calculation

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

Crown ElectroKinetics'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 )
=-0.7 / 0.153
=(Revenue - Cost of Goods Sold) / Revenue
=(0.153 - 0.886) / 0.153
=-479.08 %

Crown ElectroKinetics'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 )
=-1 / 0.682
=(Revenue - Cost of Goods Sold) / Revenue
=(0.682 - 1.636) / 0.682
=-139.88 %

* 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.


Crown ElectroKinetics  (NAS:CRKN) 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

Crown ElectroKinetics had a gross margin of -139.88% for the quarter that ended in Mar. 2024 => No sustainable 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.


Crown ElectroKinetics Gross Margin % Related Terms

Thank you for viewing the detailed overview of Crown ElectroKinetics's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Crown ElectroKinetics (Crown ElectroKinetics) Business Description

Traded in Other Exchanges
N/A
Address
1110 NE Circle Boulevard, Corvallis, OR, USA, 97330
Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.
Executives
Douglas B Croxall 10 percent owner, officer: Chief Executive Officer 2331 MILL ROAD SUITE 100, ALEXANDRIA VA 22314
Joel Krutz officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90025
Gary C Hanna director
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Kaijiro Sato officer: Co-President and CMO 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Edward Kovalik director 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Philip J Anderson officer: Chief Financial Officer SIAR CAPITAL, 600 MADISON AVENUE, NEW YORK NY 10021
John P. Marchese director 150 TWELVE OAKS LANE, PONTE VEDRA BEACH FL 32082
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Timothy Koch officer: Chief Technology Officer 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Dipanjan Nag director 9335 BURNETT LANE, DUBLIN OH 43017