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ONFO (Onfolio Holdings) Gross Margin % : 59.94% (As of Sep. 2024)


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What is Onfolio Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Onfolio Holdings's Gross Profit for the three months ended in Sep. 2024 was $1.21 Mil. Onfolio Holdings's Revenue for the three months ended in Sep. 2024 was $2.01 Mil. Therefore, Onfolio Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 59.94%.


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

ONFO' s Gross Margin % Range Over the Past 10 Years
Min: 40.63   Med: 57.93   Max: 81.89
Current: 61.01


During the past 4 years, the highest Gross Margin % of Onfolio Holdings was 81.89%. The lowest was 40.63%. And the median was 57.93%.

ONFO's Gross Margin % is ranked worse than
52.22% of 517 companies
in the Interactive Media industry
Industry Median: 62.19 vs ONFO: 61.01

Onfolio Holdings had a gross margin of 59.94% for the quarter that ended in Sep. 2024 => Durable competitive advantage

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


Onfolio Holdings Gross Margin % Historical Data

The historical data trend for Onfolio 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.

Onfolio Holdings Gross Margin % Chart

Onfolio Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
81.89 40.63 53.96 61.89

Onfolio Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 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 64.58 66.09 63.26 56.46 59.94

Competitive Comparison of Onfolio Holdings's Gross Margin %

For the Internet Content & Information subindustry, Onfolio 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.


Onfolio Holdings's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Onfolio Holdings's Gross Margin % distribution charts can be found below:

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


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Onfolio Holdings Gross Margin % Calculation

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

Onfolio Holdings'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 )
=3.2 / 5.24
=(Revenue - Cost of Goods Sold) / Revenue
=(5.24 - 1.997) / 5.24
=61.89 %

Onfolio Holdings'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 )
=1.2 / 2.012
=(Revenue - Cost of Goods Sold) / Revenue
=(2.012 - 0.806) / 2.012
=59.94 %

* 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.


Onfolio Holdings  (NAS:ONFO) 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

Onfolio Holdings had a gross margin of 59.94% 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.


Onfolio Holdings Gross Margin % Related Terms

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


Onfolio Holdings Business Description

Traded in Other Exchanges
N/A
Address
1007 North Orange Street, 4th Floor, Wilmington, DE, USA, 19801
Onfolio Holdings Inc actively manages small online businesses that operate in sectors with long-term growth opportunities, have positive and stable cash flows, face minimal threats of technological or competitive obsolescence, and can be managed by existing teams or have management teams largely in place.
Executives
Yury Byalik officer: Head of Strategy & Acquisition 2400 S OCEAN DRIVE #728, FORT PIERCE FL 34949
Braake Robertus Te officer: Interim CFO RUA ANTONIO DA SILVA 127 6FRT, CASCAIS S1 2750-101
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Mark N Schwartz director
Wells Dominic Benjamin James director, 10 percent owner, officer: CEO, CRO, Chair of Board 10F NO 136, LANE 162, JINGYESAN ROAD, ZHONGSHAN DISTRICT, TAIPEI CITY F5 104
Van Heerden Esbe Louise officer: President 12A BENTLEY STREET, CHRISTCHURCH Q2 8042
Adam Michael Trainor officer: Chief Operations Officer 1420 RENAISSANCE DRIVE, APT P104, LONGMONT CO 80503
David Christopher Mckeegan director 2885 SANFORD AVE SW, SW14713, GRANDVILLE MI 49418
Andrew John Lawrence director 329 S OYSTER BAY RD. #514, PLAINVIEW NY 11803
Hawkins Jack Wayne Iii officer: Chief Financial Officer 613 NEW NORWALK ROAD, NEW CANAAN CT 06840