FULO (Fullnet Communications) Gross Margin %: 73.02% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FULO Fullnet Communications Inc FULO
54 GF Score
Price $0.35
View Full Analysis

What is Fullnet Communications Gross Margin %?

Fullnet Communications FULO 54 Gross Margin % is 73.02% as of Dec. 2023. GuruFocus rates FULO with a GF Score™ of 54/100.

Gross Margin % is calculated as gross profit divided by its revenue. Fullnet Communications's Gross Profit for the three months ended in Dec. 2023 was $0.77 Mil. Fullnet Communications's Revenue for the three months ended in Dec. 2023 was $1.05 Mil. Therefore, Fullnet Communications's Gross Margin % for the quarter that ended in Dec. 2023 was 73.02%.


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


FULO's Gross Margin % is not ranked *
in the Telecommunication Services industry.
Industry Median: 51.87
* Ranked among companies with meaningful Gross Margin % only.

Fullnet Communications had a gross margin of 73.02% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Fullnet Communications  (OTCPK:FULO) 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

Fullnet Communications had a gross margin of 73.02% for the quarter that ended in Dec. 2023 => 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.


Fullnet Communications Gross Margin % Related Terms


Fullnet Communications Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fullnet Communications'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.

Fullnet Communications Gross Margin % Chart

Fullnet Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.74 85.67 82.06 78.75 74.87

Fullnet Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 77.34 76.60 76.19 73.58 73.02

FULO vs DTGI, HMMR, SLDC: Gross Margin % Comparison

For the Telecom Services subindustry, Fullnet Communications'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.


Fullnet Communications Gross Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fullnet Communications's Gross Margin % distribution charts can be found below:

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


FULO
54GF Score
Fullnet Communications Inc FULO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fullnet Communications Gross Margin % Calculation

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

Fullnet Communications'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 )
=3.1 / 4.191
=(Revenue - Cost of Goods Sold) / Revenue
=(4.191 - 1.053) / 4.191
=74.87 %

Fullnet Communications's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.8 / 1.049
=(Revenue - Cost of Goods Sold) / Revenue
=(1.049 - 0.283) / 1.049
=73.02 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 73.02% mean?
Fullnet Communications (FULO) has a Gross Margin % of 73.02% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Fullnet Communications and its competitors.
Is Fullnet Communications' Gross Margin % too high?
Fullnet Communications' current Gross Margin % is 73.02%. The Telecommunication Services industry median Gross Margin % is 51.87. Fullnet Communications' value of 73.02% is 40.8% above this industry median. Overall, Fullnet Communications has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Fullnet Communications' Gross Margin % compare to DTGI and HMMR?
Fullnet Communications' Gross Margin % of 73.02% can be compared against companies in the Telecommunication Services industry. The industry median Gross Margin % is 51.87. Fullnet Communications' value of 73.02% is 40.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.87, based on 341 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fullnet Communications's current Gross Margin % of 73.02% is 40.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Fullnet Communications and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fullnet Communications's current Gross Margin % is 73.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fullnet Communications stock overvalued right now?
Fullnet Communications (FULO) has a current Gross Margin % of 73.02%. The current Gross Margin % is 73.02% and 40.8% above the Telecommunication Services industry median of 51.87. Fullnet Communications' overall GF Score™ is 54/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Fullnet Communications (FULO), the current Gross Margin % is 73.02% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fullnet Communications Business Description

Address 201 Robert S. Kerr Avenue, Suite 210, Oklahoma City, OK, USA, 73102
Fullnet Communications Inc is an integrated communications provider. The company, through its subsidiaries, provides high-quality, reliable, and scalable Internet access, web hosting, local telephone service, equipment colocation, customized live help desk outsourcing services, mass notification services using text messages and automated telephone calls, as well as advance voice and data solutions. The company derives the majority of its revenue and its customers from three primary types of service: Mass notification services using text messages and automated telephone calls; Equipment colocation and related services; and customized live help desk outsourcing service.
54GF Score

Get the complete analysis for FULO

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price