Comarch (LTS:0O6M) Gross Margin % : 22.73% (As of Mar. 2024)

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What is Comarch Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Comarch's Gross Profit for the three months ended in Mar. 2024 was zł99 Mil. Comarch's Revenue for the three months ended in Mar. 2024 was zł435 Mil. Therefore, Comarch's Gross Margin % for the quarter that ended in Mar. 2024 was 22.73%.

Warning Sign:

Comarch SA gross margin has been in long-term decline. The average rate of decline per year is -2.5%.

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

LTS:0O6M' s Gross Margin % Range Over the Past 10 Years
Min: 23.61 Med: 29.3 Max: 31.29
Current: 24.09

During the past 13 years, the highest Gross Margin % of Comarch was 31.29%. The lowest was 23.61%. And the median was 29.30%.

LTS:0O6M's Gross Margin % is ranked worse than
74.92% of 2628 companies
in the Software industry
Industry Median: 41.705 vs LTS:0O6M: 24.09

Comarch had a gross margin of 22.73% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Comarch was -2.50% per year.

Comarch Gross Margin % Historical Data

The historical data trend for Comarch'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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Comarch Gross Margin % Chart

Comarch Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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29.27

29.32

29.43

26.32

23.61

Comarch Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															20.66	19.57	29.65	23.82	22.73

Competitive Comparison of Comarch's Gross Margin %

For the Information Technology Services subindustry, Comarch'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.

Comarch's Gross Margin % Distribution in the Software Industry

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

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

Comarch Gross Margin % Calculation

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

Comarch'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 )
	=	428.6	/	1815.839
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1815.839 - 1387.209)	/	1815.839
	=	23.61 %

Comarch's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	98.8	/	434.688
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(434.688 - 335.888)	/	434.688
	=	22.73 %

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.

Comarch (LTS:0O6M) 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

Comarch had a gross margin of 22.73% for the quarter that ended in Mar. 2024 => Competition eroding margins

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.

Comarch Gross Margin % Related Terms

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Comarch (LTS:0O6M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comarch SA (LTS:0O6M) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CMR:Poland

Address

Al. Jana Pawla II 39A, Krakow, POL, 31-864

Website

http://www.comarch.pl

Comarch SA is a Polish company which is engaged in designing, implementation and integration of IT (Information Technology) services and software. The company provides IT solutions to various industries including telecommunications, banking, financial & insurance companies, airlines, petrol stations, utilities, healthcare and small-medium enterprises. The company is engaged in providing end-to-end customer loyalty management solution both for software & on-going services, business to business solutions, data analytics, network and service assurance, sales channel management. Its operating segments include IT, Sport, Investment and Medical. The majority of the company's revenue comes from domestic sales.

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