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FNCHF (FINEOS Holdings) Gross Margin % : 73.58% (As of Jun. 2024)


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What is FINEOS Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FINEOS Holdings's Gross Profit for the six months ended in Jun. 2024 was $51.1 Mil. FINEOS Holdings's Revenue for the six months ended in Jun. 2024 was $69.4 Mil. Therefore, FINEOS Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 73.58%.


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

FNCHF' s Gross Margin % Range Over the Past 10 Years
Min: 65.25   Med: 66.54   Max: 72.58
Current: 72.58


During the past 4 years, the highest Gross Margin % of FINEOS Holdings was 72.58%. The lowest was 65.25%. And the median was 66.54%.

FNCHF's Gross Margin % is ranked better than
81.7% of 2618 companies
in the Software industry
Industry Median: 41.435 vs FNCHF: 72.58

FINEOS Holdings had a gross margin of 73.58% for the quarter that ended in Jun. 2024 => Durable competitive advantage

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


FINEOS Holdings Gross Margin % Historical Data

The historical data trend for FINEOS Holdings'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.

FINEOS Holdings Gross Margin % Chart

FINEOS Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Margin %
66.58 66.50 65.25 68.54

FINEOS Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 65.51 66.91 70.11 71.53 73.58

Competitive Comparison of FINEOS Holdings's Gross Margin %

For the Software - Infrastructure subindustry, FINEOS Holdings'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.


FINEOS Holdings's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where FINEOS Holdings's Gross Margin % falls into.



FINEOS Holdings Gross Margin % Calculation

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

FINEOS Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=92.8 / 135.467
=(Revenue - Cost of Goods Sold) / Revenue
=(135.467 - 42.621) / 135.467
=68.54 %

FINEOS Holdings's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=51.1 / 69.408
=(Revenue - Cost of Goods Sold) / Revenue
=(69.408 - 18.337) / 69.408
=73.58 %

* 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.


FINEOS Holdings  (OTCPK:FNCHF) 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

FINEOS Holdings had a gross margin of 73.58% for the quarter that ended in Jun. 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.


FINEOS Holdings Gross Margin % Related Terms

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FINEOS Holdings Business Description

Traded in Other Exchanges
Address
East Point Business Park, Alfy Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97
Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.