MEDVF (Medivolve) Gross Margin %: 90.65% (As of Mar. 2024)

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What is Medivolve Gross Margin %?

Medivolve MEDVF -99.00% Gross Margin % is 90.65% as of Mar. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. Medivolve's Gross Profit for the three months ended in Mar. 2024 was $0.19 Mil. Medivolve's Revenue for the three months ended in Mar. 2024 was $0.21 Mil. Therefore, Medivolve's Gross Margin % for the quarter that ended in Mar. 2024 was 90.65%.


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


MEDVF's Gross Margin % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 51.31
* Ranked among companies with meaningful Gross Margin % only.

Medivolve had a gross margin of 90.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Medivolve  (OTCPK:MEDVF) 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

Medivolve had a gross margin of 90.65% for the quarter that ended in Mar. 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.


Medivolve Gross Margin % Related Terms


Medivolve Gross Margin % Historical Data

* Premium members only.

The historical data trend for Medivolve'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.

Medivolve Gross Margin % Chart

Medivolve Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 43.52 42.12 58.51 83.95

Medivolve 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 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 90.57 202.74 74.81 84.82 90.65

MEDVF vs DMTKQ, TMO, DHR: Gross Margin % Comparison

For the Diagnostics & Research subindustry, Medivolve'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.


Medivolve Gross Margin % vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Medivolve's Gross Margin % distribution charts can be found below:

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



Medivolve Gross Margin % Calculation

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

Medivolve'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 )
=0.4 / 0.511
=(Revenue - Cost of Goods Sold) / Revenue
=(0.511 - 0.082) / 0.511
=83.95 %

Medivolve'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 )
=0.2 / 0.214
=(Revenue - Cost of Goods Sold) / Revenue
=(0.214 - 0.02) / 0.214
=90.65 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 90.65% mean?
Medivolve (MEDVF) has a Gross Margin % of 90.65% as of Mar. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Medivolve and its competitors.
Is Medivolve's Gross Margin % too high?
Medivolve's current Gross Margin % is 90.65%. The Medical Diagnostics & Research industry median Gross Margin % is 51.31. Medivolve's value of 90.65% is 76.7% above this industry median.
How does Medivolve's Gross Margin % compare to DMTKQ and TMO?
Medivolve's Gross Margin % of 90.65% can be compared against companies in the Medical Diagnostics & Research industry. The industry median Gross Margin % is 51.31. Medivolve's value of 90.65% is 76.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Diagnostics & Research company?
The median Gross Margin % among Medical Diagnostics & Research companies is 51.31, based on 195 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medivolve's current Gross Margin % of 90.65% is 76.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Medivolve and its competitors. For the Medical Diagnostics & Research industry, the median Gross Margin % is 51.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medivolve's current Gross Margin % is 90.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medivolve stock overvalued right now?
Medivolve (MEDVF) has a current Gross Margin % of 90.65%. The current Gross Margin % is 90.65% and 76.7% above the Medical Diagnostics & Research industry median of 51.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Medivolve (MEDVF), the current Gross Margin % is 90.65% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Medivolve Business Description

Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Medivolve Inc is a healthcare technology and services company. It is engaged in finding and developing disruptive technologies, groundbreaking innovations, and partnerships to help combat COVID-19 and transform human health management. The company operated one reportable segment, the COVID Testing facilities across the United States Of America.