Induction Healthcare Group (LSE:INHC) Gross Margin % : 75.00% (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Induction Healthcare Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Induction Healthcare Group's Gross Profit for the six months ended in Sep. 2023 was £4.54 Mil. Induction Healthcare Group's Revenue for the six months ended in Sep. 2023 was £6.06 Mil. Therefore, Induction Healthcare Group's Gross Margin % for the quarter that ended in Sep. 2023 was 75.00%.

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

LSE:INHC' s Gross Margin % Range Over the Past 10 Years
Min: 50.68 Med: 57.62 Max: 67.4
Current: 67.4

During the past 5 years, the highest Gross Margin % of Induction Healthcare Group was 67.40%. The lowest was 50.68%. And the median was 57.62%.

LSE:INHC's Gross Margin % is ranked better than
74.68% of 616 companies
in the Healthcare Providers & Services industry
Industry Median: 41.535 vs LSE:INHC: 67.40

Induction Healthcare Group had a gross margin of 75.00% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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

Induction Healthcare Group Gross Margin % Historical Data

The historical data trend for Induction Healthcare 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.

* Premium members only.

Induction Healthcare Group Gross Margin % Chart

Induction Healthcare Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

50.68

53.27

61.96

63.10

Induction Healthcare Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial					78.29	33.51	66.09	59.42	75.00

Competitive Comparison of Induction Healthcare Group's Gross Margin %

For the Health Information Services subindustry, Induction Healthcare 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.

Induction Healthcare Group's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Induction Healthcare Group's Gross Margin % distribution charts can be found below:

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

Induction Healthcare Group Gross Margin % Calculation

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

Induction Healthcare Group's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	8.1	/	12.884
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12.884 - 4.754)	/	12.884
	=	63.10 %

Induction Healthcare 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 )
	=	4.5	/	6.057
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.057 - 1.514)	/	6.057
	=	75.00 %

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.

Induction Healthcare Group (LSE:INHC) 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

Induction Healthcare Group had a gross margin of 75.00% 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.

Induction Healthcare Group Gross Margin % Related Terms

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

Induction Healthcare Group (LSE:INHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Induction Healthcare Group PLC (LSE:INHC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Pinsent Masons, 30 Crown Place, Earl Street, London, GBR, EC2A 4ES

Website

https://www.inductionhealthcare.com

Induction Healthcare Group PLC is a healthcare technology company focused on streamlining the delivery of care by Healthcare Professionals. The company's mobile application module Induction Switch is an app that provides a directory allowing Healthcare Professionals to find extension numbers, messaging, and administration portals to share and view hospital guidelines. The company's products power remote consultations, capture patient-reported data and empower patients to self-manage their care pathway. Geographically, it operates in the United Kingdom, Europe, the United States and the Rest of the world, out of which the majority of revenue is derived from the United Kingdom.

Induction Healthcare Group (LSE:INHC) Headlines

No Headlines