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MATH (Metalpha Technology Holding) Gross Margin % : 21.46% (As of Sep. 2024)


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What is Metalpha Technology Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Metalpha Technology Holding's Gross Profit for the six months ended in Sep. 2024 was $3.03 Mil. Metalpha Technology Holding's Revenue for the six months ended in Sep. 2024 was $14.09 Mil. Therefore, Metalpha Technology Holding's Gross Margin % for the quarter that ended in Sep. 2024 was 21.46%.


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

MATH' s Gross Margin % Range Over the Past 10 Years
Min: 33.57   Med: 54.23   Max: 91.36
Current: 38.94


During the past 10 years, the highest Gross Margin % of Metalpha Technology Holding was 91.36%. The lowest was 33.57%. And the median was 54.23%.

MATH's Gross Margin % is ranked worse than
59.17% of 605 companies
in the Capital Markets industry
Industry Median: 51.42 vs MATH: 38.94

Metalpha Technology Holding had a gross margin of 21.46% for the quarter that ended in Sep. 2024 => Competition eroding margins

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


Metalpha Technology Holding Gross Margin % Historical Data

The historical data trend for Metalpha Technology Holding'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.

Metalpha Technology Holding Gross Margin % Chart

Metalpha Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 38.21 35.51 33.57

Metalpha Technology Holding Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 Premium Member Only -31.71 41.03 - 53.63 21.46

Competitive Comparison of Metalpha Technology Holding's Gross Margin %

For the Capital Markets subindustry, Metalpha Technology Holding'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.


Metalpha Technology Holding's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's Gross Margin % distribution charts can be found below:

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


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Metalpha Technology Holding Gross Margin % Calculation

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

Metalpha Technology Holding's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=5.6 / 16.764
=(Revenue - Cost of Goods Sold) / Revenue
=(16.764 - 11.136) / 16.764
=33.57 %

Metalpha Technology Holding's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=3 / 14.093
=(Revenue - Cost of Goods Sold) / Revenue
=(14.093 - 11.068) / 14.093
=21.46 %

* 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.


Metalpha Technology Holding  (NAS:MATH) 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

Metalpha Technology Holding had a gross margin of 21.46% for the quarter that ended in Sep. 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.


Metalpha Technology Holding Gross Margin % Related Terms

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Metalpha Technology Holding Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suite 6703-04, Central Plaza, Wan Chai, Hong Kong, HKG
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and derives a majority of its revenue from Hong Kong.