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XR Immersive Tech (FRA:79W) Gross Margin % : 0.00% (As of Mar. 2024)


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What is XR Immersive Tech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. XR Immersive Tech's Gross Profit for the three months ended in Mar. 2024 was €0.12 Mil. XR Immersive Tech's Revenue for the three months ended in Mar. 2024 was €0.12 Mil. Therefore, XR Immersive Tech's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

FRA:79W' s Gross Margin % Range Over the Past 10 Years
Min: 11.11   Med: 51.91   Max: 97.41
Current: 97.41


During the past 4 years, the highest Gross Margin % of XR Immersive Tech was 97.41%. The lowest was 11.11%. And the median was 51.91%.

FRA:79W's Gross Margin % is ranked better than
99.43% of 2436 companies
in the Hardware industry
Industry Median: 24.465 vs FRA:79W: 97.41

XR Immersive Tech had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for XR Immersive Tech was 0.00% per year.


XR Immersive Tech Gross Margin % Historical Data

The historical data trend for XR Immersive Tech'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.

XR Immersive Tech Gross Margin % Chart

XR Immersive Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
38.38 10.67 65.42 96.64

XR Immersive Tech Quarterly Data
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 97.81 96.30 - 133.33 -

Competitive Comparison of XR Immersive Tech's Gross Margin %

For the Computer Hardware subindustry, XR Immersive Tech'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.


XR Immersive Tech's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XR Immersive Tech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where XR Immersive Tech's Gross Margin % falls into.



XR Immersive Tech Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

XR Immersive Tech'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 / 0.357
=(Revenue - Cost of Goods Sold) / Revenue
=(0.357 - 0.012) / 0.357
=96.64 %

XR Immersive Tech'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 )
=0.1 / 0.124
=(Revenue - Cost of Goods Sold) / Revenue
=(0.124 - 0) / 0.124
=N/A %

* 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.


XR Immersive Tech  (FRA:79W) 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

XR Immersive Tech had a gross margin of N/A% 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.


XR Immersive Tech Gross Margin % Related Terms

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XR Immersive Tech (FRA:79W) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (FRA:79W) Headlines

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