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iNeedMD Holdings (iNeedMD Holdings) Gross Margin % : 0.00% (As of Mar. 2016)


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What is iNeedMD Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. iNeedMD Holdings's Gross Profit for the three months ended in Mar. 2016 was $-0.84 Mil. iNeedMD Holdings's Revenue for the three months ended in Mar. 2016 was $0.00 Mil. Therefore, iNeedMD Holdings's Gross Margin % for the quarter that ended in Mar. 2016 was 0.00%.


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


NEMD's Gross Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 53.135
* Ranked among companies with meaningful Gross Margin % only.

iNeedMD Holdings had a gross margin of % for the quarter that ended in Mar. 2016 => No sustainable competitive advantage

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


iNeedMD Holdings Gross Margin % Historical Data

The historical data trend for iNeedMD Holdings'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.

iNeedMD Holdings Gross Margin % Chart

iNeedMD Holdings Annual Data
Trend Nov12 Nov13 Nov14 Dec15
Gross Margin %
- - - -213.64

iNeedMD Holdings Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - 70.31 352.38 -

Competitive Comparison of iNeedMD Holdings's Gross Margin %

For the Medical Devices subindustry, iNeedMD Holdings'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.


iNeedMD Holdings's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iNeedMD Holdings's Gross Margin % distribution charts can be found below:

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



iNeedMD Holdings Gross Margin % Calculation

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

iNeedMD Holdings's Gross Margin for the fiscal year that ended in Dec. 2015 is calculated as

Gross Margin % (A: Dec. 2015 )=Gross Profit (A: Dec. 2015 ) / Revenue (A: Dec. 2015 )
=-0.1 / 0.044
=(Revenue - Cost of Goods Sold) / Revenue
=(0.044 - 0.138) / 0.044
=-213.64 %

iNeedMD Holdings's Gross Margin for the quarter that ended in Mar. 2016 is calculated as


Gross Margin % (Q: Mar. 2016 )=Gross Profit (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=-0.8 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.839) / 0
= %

* 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.


iNeedMD Holdings  (GREY:NEMD) 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

iNeedMD Holdings had a gross margin of % for the quarter that ended in Mar. 2016 => 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.


iNeedMD Holdings Gross Margin % Related Terms

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iNeedMD Holdings (iNeedMD Holdings) Business Description

Traded in Other Exchanges
N/A
Address
650 First Avenue, Third Floor, New York, NY, USA, 10016
iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.
Executives
Thomas Albert Nicolette director, officer: President and CEO 7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

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