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Gross Margin % is calculated as gross profit divided by its revenue. Metalert's Gross Profit for the three months ended in Sep. 2024 was $0.02 Mil. Metalert's Revenue for the three months ended in Sep. 2024 was $0.05 Mil. Therefore, Metalert's Gross Margin % for the quarter that ended in Sep. 2024 was 36.54%.
Warning Sign:
Metalert Inc gross margin has been in long-term decline. The average rate of decline per year is -30.2%.
The historical rank and industry rank for Metalert's Gross Margin % or its related term are showing as below:
During the past 13 years, the highest Gross Margin % of Metalert was 87.08%. The lowest was 8.47%. And the median was 44.55%.
Metalert had a gross margin of 36.54% for the quarter that ended in Sep. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Metalert was -30.20% per year.
The historical data trend for Metalert'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.
Metalert Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Margin % | Get a 7-Day Free Trial |
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87.08 | 43.44 | 43.29 | 43.28 | 8.47 |
Metalert Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Gross Margin % | Get a 7-Day Free Trial |
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- | -63.41 | 89.58 | 65.91 | 36.54 |
For the Communication Equipment subindustry, Metalert'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.
For the Hardware industry and Technology sector, Metalert's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Metalert's Gross Margin % falls into.
Gross Margin is the percentage of Gross Profit out of sales or Revenue.
Metalert'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 | / | 0.248 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (0.248 - 0.227) | / | 0.248 | |
= | 8.47 % |
Metalert'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 ) |
= | 0 | / | 0.052 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (0.052 - 0.033) | / | 0.052 | |
= | 36.54 % |
* 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.
Metalert (OTCPK:MLRT) 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
Metalert had a gross margin of 36.54% 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.
Thank you for viewing the detailed overview of Metalert's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Louis Martin Rosenbaum | director | 117 W. 9TH STREET, #1214, LOS ANGELES CA 90024 |
Alex Grimes Mckean | officer: Interim CFO | 1525 MONTANA AVENUE #C, SANTA MONICA CA 90403 |
Williams H Murray | officer: Chief Financial Officer | 28426 RANCHO GRANDE, LAGUNA NIGUEL CA 92677 |
Patrick Aroff | director | 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015 |
Andrew Hamish Duncan | director | 117 W 9TH STREET #1214, LOS ANGELES CA 90015 |
Gregory Jeremiah Provenzano | director | 117 W 9TH STREET #1214, LOS ANGELES CA 90015 |
Multi Media Technology Ventures, Ltd. | 10 percent owner | 668 N. COAST HWY, STE 191, LAGUNA BEACH CA 92651 |
Christopher M Walsh | officer: Chief Operations Officer | 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015 |
Patrick Bertagna | director, officer: President, CEO | 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015 |
Jeff Sharpe | director, 10 percent owner, officer: President,Secretary,Treasurer | 6348 49TH AVENUE, LADNER A1 V4K 5A1 |
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