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OHCS (Optimus Healthcare Svcs) Gross Margin % : 80.78% (As of Sep. 2024)


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What is Optimus Healthcare Svcs Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Optimus Healthcare Svcs's Gross Profit for the three months ended in Sep. 2024 was $0.31 Mil. Optimus Healthcare Svcs's Revenue for the three months ended in Sep. 2024 was $0.39 Mil. Therefore, Optimus Healthcare Svcs's Gross Margin % for the quarter that ended in Sep. 2024 was 80.78%.


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

OHCS' s Gross Margin % Range Over the Past 10 Years
Min: 78.42   Med: 80.97   Max: 86.94
Current: 85.75


During the past 9 years, the highest Gross Margin % of Optimus Healthcare Svcs was 86.94%. The lowest was 78.42%. And the median was 80.97%.

OHCS's Gross Margin % is ranked better than
90.92% of 628 companies
in the Healthcare Providers & Services industry
Industry Median: 40.85 vs OHCS: 85.75

Optimus Healthcare Svcs had a gross margin of 80.78% for the quarter that ended in Sep. 2024 => Durable competitive advantage

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


Optimus Healthcare Svcs Gross Margin % Historical Data

The historical data trend for Optimus Healthcare Svcs'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.

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Optimus Healthcare Svcs Gross Margin % Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only - - 86.94 78.42 80.97

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 82.38 85.56 81.98 90.92 80.78

Competitive Comparison of Optimus Healthcare Svcs's Gross Margin %

For the Health Information Services subindustry, Optimus Healthcare Svcs'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.


Optimus Healthcare Svcs's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optimus Healthcare Svcs's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Optimus Healthcare Svcs's Gross Margin % falls into.


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Optimus Healthcare Svcs Gross Margin % Calculation

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

Optimus Healthcare Svcs'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 )
=1.2 / 1.498
=(Revenue - Cost of Goods Sold) / Revenue
=(1.498 - 0.285) / 1.498
=80.97 %

Optimus Healthcare Svcs'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 )
=0.3 / 0.385
=(Revenue - Cost of Goods Sold) / Revenue
=(0.385 - 0.074) / 0.385
=80.78 %

* 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.


Optimus Healthcare Svcs  (OTCPK:OHCS) 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

Optimus Healthcare Svcs had a gross margin of 80.78% for the quarter that ended in Sep. 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.


Optimus Healthcare Svcs Gross Margin % Related Terms

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Optimus Healthcare Svcs Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.