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Oceansix Future Paths (FRA:5FC0) Gross Margin % : 16.62% (As of Sep. 2024)


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What is Oceansix Future Paths Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Oceansix Future Paths's Gross Profit for the three months ended in Sep. 2024 was €0.13 Mil. Oceansix Future Paths's Revenue for the three months ended in Sep. 2024 was €0.78 Mil. Therefore, Oceansix Future Paths's Gross Margin % for the quarter that ended in Sep. 2024 was 16.62%.


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

FRA:5FC0' s Gross Margin % Range Over the Past 10 Years
Min: -106.7   Med: -36.91   Max: 26.85
Current: 12.59


During the past 5 years, the highest Gross Margin % of Oceansix Future Paths was 26.85%. The lowest was -106.70%. And the median was -36.91%.

FRA:5FC0's Gross Margin % is ranked worse than
85.49% of 2935 companies
in the Industrial Products industry
Industry Median: 26.72 vs FRA:5FC0: 12.59

Oceansix Future Paths had a gross margin of 16.62% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oceansix Future Paths was 0.00% per year.


Oceansix Future Paths Gross Margin % Historical Data

The historical data trend for Oceansix Future Paths'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.

Oceansix Future Paths Gross Margin % Chart

Oceansix Future Paths Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
-87.27 -106.75 - 26.89 13.47

Oceansix Future Paths Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.89 -2.61 16.85 12.92 16.62

Competitive Comparison of Oceansix Future Paths's Gross Margin %

For the Pollution & Treatment Controls subindustry, Oceansix Future Paths'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.


Oceansix Future Paths's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oceansix Future Paths's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oceansix Future Paths's Gross Margin % falls into.



Oceansix Future Paths Gross Margin % Calculation

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

Oceansix Future Paths'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 )
=0.3 / 2.25
=(Revenue - Cost of Goods Sold) / Revenue
=(2.25 - 1.947) / 2.25
=13.47 %

Oceansix Future Paths's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.1 / 0.776
=(Revenue - Cost of Goods Sold) / Revenue
=(0.776 - 0.647) / 0.776
=16.62 %

* 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.


Oceansix Future Paths  (FRA:5FC0) 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

Oceansix Future Paths had a gross margin of 16.62% for the quarter that ended in Sep. 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.


Oceansix Future Paths Gross Margin % Related Terms

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


Oceansix Future Paths Business Description

Traded in Other Exchanges
Address
11 Derech Menahem Begin, Ramat Gan, ISR, 5268104
Oceansix Future Paths Ltd is an environmental technology company. It operates in one principal business segment; advanced solutions based on recycled plastic products. Geographically, it operates in Israel & Foreign countries, out of which the majority of the revenue is derived from foreign countries. The manufacturing arm transforms recycled plastics into diverse, smart products that serve multiple industries, including automotive, beverage, construction, and agriculture. The group offers customized, multifunctional solutions that comply with the latest environmental requirements as well as demanding client needs.

Oceansix Future Paths Headlines

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