KINS Technology Group (KINS Technology Group) Gross Margin % : 79.77% (As of Sep. 2023)

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What is KINS Technology Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. KINS Technology Group's Gross Profit for the three months ended in Sep. 2023 was $1.41 Mil. KINS Technology Group's Revenue for the three months ended in Sep. 2023 was $1.77 Mil. Therefore, KINS Technology Group's Gross Margin % for the quarter that ended in Sep. 2023 was 79.77%.

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

KINZU' s Gross Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 270.46
Current: 270.46

During the past 3 years, the highest Gross Margin % of KINS Technology Group was 270.46%. The lowest was 0.00%. And the median was 0.00%.

KINZU's Gross Margin % is ranked better than
99.77% of 2633 companies
in the Software industry
Industry Median: 41.79 vs KINZU: 270.46

KINS Technology Group had a gross margin of 79.77% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for KINS Technology Group was 0.00% per year.

KINS Technology Group Gross Margin % Historical Data

The historical data trend for KINS Technology Group'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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KINS Technology Group Gross Margin % Chart

KINS Technology Group Annual Data

Trend

Dec20

Dec21

Dec22

Gross Margin %

KINS Technology Group Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial								71.35	-	70.19	74.88	79.77

Competitive Comparison of KINS Technology Group's Gross Margin %

For the Software - Application subindustry, KINS Technology Group'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.

KINS Technology Group's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, KINS Technology Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where KINS Technology Group's Gross Margin % falls into.

KINS Technology Group Gross Margin % Calculation

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

KINS Technology Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	0	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - 0)	/	0
	=	N/A %

KINS Technology Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1.4	/	1.77
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.77 - 0.358)	/	1.77
	=	79.77 %

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.

KINS Technology Group (NAS:KINZU) 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

KINS Technology Group had a gross margin of 79.77% for the quarter that ended in Sep. 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.

KINS Technology Group Gross Margin % Related Terms

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KINS Technology Group (KINS Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KINS Technology Group Inc (NAS:KINZU) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CXAI:USA

Address

Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306

Website

https://www.cxapp.com

CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from-anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.

Executives

Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander	other: See Footnote 2	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc	other: See Footnote 2	399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc	other: See Footnote 2	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd.	10 percent owner	MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cubist Systematic Strategies, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Atif Rafiq	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Hassan Ahmed	director	SONUS NETWORKS INC, 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Camillo Martino	director	60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Allen Salmasi	director	C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Khurram P Sheikh	director, 10 percent owner, officer: CEO and CFO	1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Cardinal Venture Holdings Llc	10 percent owner, other: See Remarks	FOUR PALO ALTO SQUARE, 3000 EL CAMINO REAL, PALO ALTO CA 94308
Kins Capital Llc	10 percent owner, other: See Remarks	FOUR PALO ALTO SQUARE, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Eric Zimits	officer: Secretary and CCDO	C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306