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GVIC Communications (GVIC Communications) Gross Margin % : 50.23% (As of Sep. 2020)


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What is GVIC Communications Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. GVIC Communications's Gross Profit for the three months ended in Sep. 2020 was $13.4 Mil. GVIC Communications's Revenue for the three months ended in Sep. 2020 was $26.7 Mil. Therefore, GVIC Communications's Gross Margin % for the quarter that ended in Sep. 2020 was 50.23%.


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


GVMUF's Gross Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 38.52
* Ranked among companies with meaningful Gross Margin % only.

GVIC Communications had a gross margin of 50.23% for the quarter that ended in Sep. 2020 => Durable competitive advantage

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


GVIC Communications Gross Margin % Historical Data

The historical data trend for GVIC 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.

* Premium members only.

GVIC Communications Gross Margin % Chart

GVIC Communications Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.46 29.65 29.42 26.98 26.10

GVIC Communications Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 24.61 26.57 26.12 42.29 50.23

Competitive Comparison of GVIC Communications's Gross Margin %

For the Publishing subindustry, GVIC 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.


GVIC Communications's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GVIC Communications's Gross Margin % distribution charts can be found below:

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



GVIC Communications Gross Margin % Calculation

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

GVIC Communications's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=36.6 / 140.322
=(Revenue - Cost of Goods Sold) / Revenue
=(140.322 - 103.694) / 140.322
=26.10 %

GVIC Communications's Gross Margin for the quarter that ended in Sep. 2020 is calculated as


Gross Margin % (Q: Sep. 2020 )=Gross Profit (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=13.4 / 26.692
=(Revenue - Cost of Goods Sold) / Revenue
=(26.692 - 13.284) / 26.692
=50.23 %

* 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.


GVIC Communications  (GREY:GVMUF) 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

GVIC Communications had a gross margin of 50.23% for the quarter that ended in Sep. 2020 => 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.


GVIC Communications Gross Margin % Related Terms

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GVIC Communications (GVIC Communications) Business Description

Traded in Other Exchanges
N/A
Address
389 West 6th Street, Vancouver, BC, CAN, V5Y 1L1
GVIC Communications Corp operates in three segments throughout Canada, the United States, the United Kingdom, and Australia. These segments are Environmental and Property Information, Commodity Information and Community Media. Environmental, Property and Financial Information includes the business to business content, marketing solutions and data information products which are environmental and property-related. Commodity Information includes the business to business content, marketing solutions and data information products which are agriculture, energy and mining-related. The Community Media segment, which is the key revenue driver, includes community media assets and related digital and printing operations.

GVIC Communications (GVIC Communications) Headlines

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