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MediXall Group (MediXall Group) Gross Margin % : 0.00% (As of Dec. 2022)


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What is MediXall Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MediXall Group's Gross Profit for the three months ended in Dec. 2022 was $0.02 Mil. MediXall Group's Revenue for the three months ended in Dec. 2022 was $0.02 Mil. Therefore, MediXall Group's Gross Margin % for the quarter that ended in Dec. 2022 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


MDXL's Gross Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 41.465
* Ranked among companies with meaningful Gross Margin % only.

MediXall Group had a gross margin of N/A% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage

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


MediXall Group Gross Margin % Historical Data

The historical data trend for MediXall 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.

MediXall Group Gross Margin % Chart

MediXall Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
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MediXall Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of MediXall Group's Gross Margin %

For the Health Information Services subindustry, MediXall 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.


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

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

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



MediXall Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

MediXall Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=0.1 / 0.059
=(Revenue - Cost of Goods Sold) / Revenue
=(0.059 - 0) / 0.059
=N/A %

MediXall Group's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=0 / 0.02
=(Revenue - Cost of Goods Sold) / Revenue
=(0.02 - 0) / 0.02
=N/A %

* 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.


MediXall Group  (OTCPK:MDXL) 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

MediXall Group had a gross margin of N/A% for the quarter that ended in Dec. 2022 => 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.


MediXall Group Gross Margin % Related Terms

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MediXall Group (MediXall Group) Business Description

Traded in Other Exchanges
N/A
Address
2929 East Commercial Boulevard, Suite Ph-D, Fort Lauderdale, FL, USA, 33308
MediXall Group Inc is an innovation-driven technology company designed to deliver health and well-being services which address gaps in access to care, spiraling healthcare costs, and the pain points faced by both consumers and businesses. It has developed a cloud-based electronic marketplace where clients can shop for medical services; diagnostic procedures and services; and medical equipment and devices. The company's platform connects physicians and service providers to patients, and payers to the physicians and service providers, across all healthcare settings. The company generates revenue from employer customers and consumer subscription fees.

MediXall Group (MediXall Group) Headlines

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