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Megaport (Megaport) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Megaport Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Megaport's Gross Profit for the six months ended in Dec. 2023 was $63.7 Mil. Megaport's Revenue for the six months ended in Dec. 2023 was $63.7 Mil. Therefore, Megaport's Gross Margin % for the quarter that ended in Dec. 2023 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 Megaport's Gross Margin % or its related term are showing as below:

MGPPF' s Gross Margin % Range Over the Past 10 Years
Min: -57.48   Med: 42.47   Max: 82.36
Current: 82.36


During the past 8 years, the highest Gross Margin % of Megaport was 82.36%. The lowest was -57.48%. And the median was 42.47%.

MGPPF's Gross Margin % is ranked better than
89.39% of 2630 companies
in the Software industry
Industry Median: 41.72 vs MGPPF: 82.36

Megaport had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Megaport was 27.80% per year.


Megaport Gross Margin % Historical Data

The historical data trend for Megaport'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.

Megaport Gross Margin % Chart

Megaport Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial 34.07 50.86 53.74 72.91 79.42

Megaport Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 49.25 - 62.26 -

Competitive Comparison of Megaport's Gross Margin %

For the Software - Infrastructure subindustry, Megaport'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.


Megaport's Gross Margin % Distribution in the Software Industry

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

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



Megaport 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.)

Megaport's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=81.6 / 102.74
=(Revenue - Cost of Goods Sold) / Revenue
=(102.74 - 21.143) / 102.74
=79.42 %

Megaport's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=63.7 / 63.665
=(Revenue - Cost of Goods Sold) / Revenue
=(63.665 - 0) / 63.665
=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.


Megaport  (OTCPK:MGPPF) 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

Megaport had a gross margin of N/A% for the quarter that ended in Dec. 2023 => 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.


Megaport Gross Margin % Related Terms

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


Megaport (Megaport) Business Description

Traded in Other Exchanges
Address
825 Ann Street, Level 3, Fortitude Valley, Brisbane, QLD, AUS, 4006
Megaport is one of the world's largest software-defined network service providers, enabling over 2,800 enterprise customers to connect to over 800 data centers in over 150 cities throughout the world. Megaport's services mostly revolve around enabling enterprises to connect to cloud service providers, like Amazon Web Services, but it also offers services to enable businesses to connect across multiple data centers and to internet exchanges.