Spark Technology AS (OCSE:SPARK) Gross Margin %: 99.13% (As of Jun. 2024)


What is Spark Technology AS Gross Margin %?

Spark Technology AS OCSE:SPARK Gross Margin % is 99.13% as of Jun. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. Spark Technology AS's Gross Profit for the six months ended in Jun. 2024 was kr5.23 Mil. Spark Technology AS's Revenue for the six months ended in Jun. 2024 was kr5.27 Mil. Therefore, Spark Technology AS's Gross Margin % for the quarter that ended in Jun. 2024 was 99.13%.


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


OCSE:SPARK's Gross Margin % is not ranked *
in the Capital Markets industry.
Industry Median: 49.63
* Ranked among companies with meaningful Gross Margin % only.

Spark Technology AS had a gross margin of 99.13% for the quarter that ended in Jun. 2024 => Durable competitive advantage

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


Spark Technology AS  (OCSE:SPARK) 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

Spark Technology AS had a gross margin of 99.13% for the quarter that ended in Jun. 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.


Spark Technology AS Gross Margin % Related Terms


Spark Technology AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Spark Technology AS'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.

Spark Technology AS Gross Margin % Chart

Spark Technology AS 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 83.30 70.40 80.35 77.85

Spark Technology AS Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 11.62 -41.39 69.60 88.25 99.13

OCSE:SPARK vs MS, GS, SCHW: Gross Margin % Comparison

For the Capital Markets subindustry, Spark Technology AS'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.


Spark Technology AS Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spark Technology AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Spark Technology AS's Gross Margin % falls into.



Spark Technology AS Gross Margin % Calculation

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

Spark Technology AS'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 )
=36.8 / 47.277
=(Revenue - Cost of Goods Sold) / Revenue
=(47.277 - 10.473) / 47.277
=77.85 %

Spark Technology AS's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=5.2 / 5.271
=(Revenue - Cost of Goods Sold) / Revenue
=(5.271 - 0.046) / 5.271
=99.13 %

* 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 99.13% mean?
Spark Technology AS (OCSE:SPARK) has a Gross Margin % of 99.13% as of Jun. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Spark Technology AS and its competitors.
Is Spark Technology AS's Gross Margin % too high?
Spark Technology AS's current Gross Margin % is 99.13%. The Capital Markets industry median Gross Margin % is 49.63. Spark Technology AS's value of 99.13% is 99.7% above this industry median.
How does Spark Technology AS's Gross Margin % compare to MS and GS?
Spark Technology AS's Gross Margin % of 99.13% can be compared against companies in the Capital Markets industry. The industry median Gross Margin % is 49.63. Spark Technology AS's value of 99.13% is 99.7% 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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. Spark Technology AS's current Gross Margin % of 99.13% is 99.7% 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 Spark Technology AS and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark Technology AS's current Gross Margin % is 99.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark Technology AS stock overvalued right now?
Spark Technology AS (OCSE:SPARK) has a current Gross Margin % of 99.13%. The current Gross Margin % is 99.13% and 99.7% above the Capital Markets industry median of 49.63. 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 Spark Technology AS (OCSE:SPARK), the current Gross Margin % is 99.13% as of Jun. 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.

Spark Technology AS Business Description

Address H 76, 4, Copenhagen S, DNK, 2300
Spark Technology AS formerly Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated majority of its revenue from a solution as a part of the SPENN platform Kazang Zambia.