Vitalhub (FRA:6OVA) Gross Margin % : 80.52% (As of Sep. 2024)

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What is Vitalhub Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vitalhub's Gross Profit for the three months ended in Sep. 2024 was €8.84 Mil. Vitalhub's Revenue for the three months ended in Sep. 2024 was €10.98 Mil. Therefore, Vitalhub's Gross Margin % for the quarter that ended in Sep. 2024 was 80.52%.

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

FRA:6OVA' s Gross Margin % Range Over the Past 10 Years
Min: 69.72 Med: 81.53 Max: 96.72
Current: 81.34

During the past 9 years, the highest Gross Margin % of Vitalhub was 96.72%. The lowest was 69.72%. And the median was 81.53%.

FRA:6OVA's Gross Margin % is ranked better than
87.28% of 629 companies
in the Healthcare Providers & Services industry
Industry Median: 41.07 vs FRA:6OVA: 81.34

Vitalhub had a gross margin of 80.52% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vitalhub was 1.00% per year.

Vitalhub Gross Margin % Historical Data

The historical data trend for Vitalhub'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.

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Vitalhub Gross Margin % Chart

Vitalhub Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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73.00

74.60

78.76

82.41

81.53

Vitalhub Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															81.14	81.92	82.62	81.10	80.52

Competitive Comparison of Vitalhub's Gross Margin %

For the Health Information Services subindustry, Vitalhub'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.

Vitalhub's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Vitalhub's Gross Margin % distribution charts can be found below:

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

Vitalhub Gross Margin % Calculation

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

Vitalhub'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 )
	=	29.3	/	35.89
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(35.89 - 6.629)	/	35.89
	=	81.53 %

Vitalhub'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 )
	=	8.8	/	10.981
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10.981 - 2.139)	/	10.981
	=	80.52 %

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.

Vitalhub (FRA:6OVA) 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

Vitalhub had a gross margin of 80.52% for the quarter that ended in Sep. 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.

Vitalhub Gross Margin % Related Terms

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Vitalhub Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Vitalhub Corp (FRA:6OVA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

VHIBF:USA 6OVA:Germany VHI:Canada

Address

480 University Avenue, Suite 1001, Toronto, ON, CAN, M5G 1V2

Website

https://www.vitalhub.com

Vitalhub Corp provides technology to Health and Human Service providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow and Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom.

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