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JEWL (Adamas One) Gross Margin % : 10.56% (As of Jun. 2024)


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What is Adamas One Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Adamas One's Gross Profit for the three months ended in Jun. 2024 was $0.02 Mil. Adamas One's Revenue for the three months ended in Jun. 2024 was $0.18 Mil. Therefore, Adamas One's Gross Margin % for the quarter that ended in Jun. 2024 was 10.56%.


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

JEWL' s Gross Margin % Range Over the Past 10 Years
Min: -10.07   Med: 70.57   Max: 74.9
Current: -10.07


During the past 4 years, the highest Gross Margin % of Adamas One was 74.90%. The lowest was -10.07%. And the median was 70.57%.

JEWL's Gross Margin % is ranked worse than
99.36% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.88 vs JEWL: -10.07

Adamas One had a gross margin of 10.56% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

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


Adamas One Gross Margin % Historical Data

The historical data trend for Adamas One'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.

Adamas One Gross Margin % Chart

Adamas One Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Gross Margin %
- - 66.24 74.90

Adamas One Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 25.09 -17.07 -30.45 -18.18 10.56

Competitive Comparison of Adamas One's Gross Margin %

For the Luxury Goods subindustry, Adamas One'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.


Adamas One's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Gross Margin % distribution charts can be found below:

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



Adamas One Gross Margin % Calculation

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

Adamas One's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=0.8 / 1.008
=(Revenue - Cost of Goods Sold) / Revenue
=(1.008 - 0.253) / 1.008
=74.90 %

Adamas One's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0 / 0.18
=(Revenue - Cost of Goods Sold) / Revenue
=(0.18 - 0.161) / 0.18
=10.56 %

* 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.


Adamas One  (OTCPK:JEWL) 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

Adamas One had a gross margin of 10.56% for the quarter that ended in Jun. 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.


Adamas One Gross Margin % Related Terms

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


Adamas One Business Description

Traded in Other Exchanges
N/A
Address
17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255
Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.
Executives
John Grdina director, officer: President and CEO 8340 E. RAINTREE DR. UNIT D, SCOTTSDALE AZ 85260
Gerald A Mcguire officer: Chief Operating Officer SCIO DIAMOND TECHNOLOGY CORPORATION, 411 UNIVERSITY RIDGE, STE D, GREENVILLE SC 29601
Alan B. Menkes director 1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Paul Vassilakos director 180 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Thierry J Chaunu director 17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85255
George C Chien director 17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85225
Steven Staehr officer: Chief Financial Officer 9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Pubco, Llc 10 percent owner 10645 N. TATUM BLVD., PHOENIX AZ 85028