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AIQ (LSE:AIQ) Gross Margin % : 51.63% (As of Apr. 2024)


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What is AIQ Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AIQ's Gross Profit for the six months ended in Apr. 2024 was £0.08 Mil. AIQ's Revenue for the six months ended in Apr. 2024 was £0.15 Mil. Therefore, AIQ's Gross Margin % for the quarter that ended in Apr. 2024 was 51.63%.


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

LSE:AIQ' s Gross Margin % Range Over the Past 10 Years
Min: -304.84   Med: 17.67   Max: 64.73
Current: 49.48


During the past 6 years, the highest Gross Margin % of AIQ was 64.73%. The lowest was -304.84%. And the median was 17.67%.

LSE:AIQ's Gross Margin % is ranked better than
59.21% of 2618 companies
in the Software industry
Industry Median: 41.435 vs LSE:AIQ: 49.48

AIQ had a gross margin of 51.63% for the quarter that ended in Apr. 2024 => Durable competitive advantage

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


AIQ Gross Margin % Historical Data

The historical data trend for AIQ'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.

AIQ Gross Margin % Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial - 7.10 -304.84 28.23 64.73

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.86 18.52 97.26 47.01 51.63

Competitive Comparison of AIQ's Gross Margin %

For the Software - Application subindustry, AIQ'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.


AIQ's Gross Margin % Distribution in the Software Industry

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

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



AIQ Gross Margin % Calculation

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

AIQ's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=0.1 / 0.207
=(Revenue - Cost of Goods Sold) / Revenue
=(0.207 - 0.073) / 0.207
=64.73 %

AIQ's Gross Margin for the quarter that ended in Apr. 2024 is calculated as


Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=0.1 / 0.153
=(Revenue - Cost of Goods Sold) / Revenue
=(0.153 - 0.074) / 0.153
=51.63 %

* 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.


AIQ  (LSE:AIQ) 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

AIQ had a gross margin of 51.63% for the quarter that ended in Apr. 2024 => 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.


AIQ Gross Margin % Related Terms

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AIQ Business Description

Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.

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