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Laser Photonics (Laser Photonics) Gross Margin % : -27.47% (As of Dec. 2023)


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What is Laser Photonics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Laser Photonics's Gross Profit for the three months ended in Dec. 2023 was $-0.14 Mil. Laser Photonics's Revenue for the three months ended in Dec. 2023 was $0.50 Mil. Therefore, Laser Photonics's Gross Margin % for the quarter that ended in Dec. 2023 was -27.47%.


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

LASE' s Gross Margin % Range Over the Past 10 Years
Min: 50.85   Med: 53.98   Max: 62.2
Current: 62.18


During the past 5 years, the highest Gross Margin % of Laser Photonics was 62.20%. The lowest was 50.85%. And the median was 53.98%.

LASE's Gross Margin % is ranked better than
96.77% of 2937 companies
in the Industrial Products industry
Industry Median: 26.39 vs LASE: 62.18

Laser Photonics had a gross margin of -27.47% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Laser Photonics Gross Margin % Historical Data

The historical data trend for Laser Photonics'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.

Laser Photonics Gross Margin % Chart

Laser Photonics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- 55.92 50.85 52.03 62.20

Laser Photonics Quarterly Data
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 734.78 80.52 70.66 73.06 -27.47

Competitive Comparison of Laser Photonics's Gross Margin %

For the Specialty Industrial Machinery subindustry, Laser Photonics'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.


Laser Photonics's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Laser Photonics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Laser Photonics's Gross Margin % falls into.



Laser Photonics Gross Margin % Calculation

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

Laser Photonics'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 )
=2.5 / 3.939
=(Revenue - Cost of Goods Sold) / Revenue
=(3.939 - 1.489) / 3.939
=62.20 %

Laser Photonics'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 )
=-0.1 / 0.495
=(Revenue - Cost of Goods Sold) / Revenue
=(0.495 - 0.631) / 0.495
=-27.47 %

* 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.


Laser Photonics  (NAS:LASE) 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

Laser Photonics had a gross margin of -27.47% for the quarter that ended in Dec. 2023 => 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.


Laser Photonics Gross Margin % Related Terms

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


Laser Photonics (Laser Photonics) Business Description

Traded in Other Exchanges
N/A
Address
1101 N. Keller Road, Suite G, Orlando, FL, USA, 32810
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.
Executives
Dmitriy Nikitin 10 percent owner 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Tatiana Nikitina director, officer: Secretary, Marketing Director 3217 YATTIKA PLACE, LONGWOOD FL 32779
Arnold Bykov director, officer: Chief Design Engineer 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Wayne Tupuola director, officer: Chief Executive Officer C/O MABWE MINERALS INC, 400 RINEHART ROAD, #1000, LAKE MARY FL 32746
Ict Investments Llc 10 percent owner 3217 YUTTKA PLACE, LONGWOOD FL 32779
Tim Schick officer: VP Finance 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Ryan Tennyson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Glenn Peterson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Igor Vodopiyanov officer: VP R&D and Product Development 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Shara Pathak director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810