GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Raketech Group Holding PLC (OSTO:RAKE) » Definitions » Gross Margin %

Raketech Group Holding (OSTO:RAKE) Gross Margin % : 59.49% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Raketech Group Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Raketech Group Holding's Gross Profit for the three months ended in Sep. 2024 was kr87.2 Mil. Raketech Group Holding's Revenue for the three months ended in Sep. 2024 was kr146.6 Mil. Therefore, Raketech Group Holding's Gross Margin % for the quarter that ended in Sep. 2024 was 59.49%.

Warning Sign:

Raketech Group Holding PLC gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


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

OSTO:RAKE' s Gross Margin % Range Over the Past 10 Years
Min: 55.07   Med: 76.94   Max: 98.18
Current: 55.07


During the past 9 years, the highest Gross Margin % of Raketech Group Holding was 98.18%. The lowest was 55.07%. And the median was 76.94%.

OSTO:RAKE's Gross Margin % is ranked better than
71.74% of 959 companies
in the Media - Diversified industry
Industry Median: 38.67 vs OSTO:RAKE: 55.07

Raketech Group Holding had a gross margin of 59.49% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Raketech Group Holding was -7.40% per year.


Raketech Group Holding Gross Margin % Historical Data

The historical data trend for Raketech Group Holding'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.

Raketech Group Holding Gross Margin % Chart

Raketech Group Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 80.83 73.05 70.20 72.07 57.83

Raketech Group Holding 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 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 50.95 50.61 56.31 56.24 59.49

Competitive Comparison of Raketech Group Holding's Gross Margin %

For the Advertising Agencies subindustry, Raketech Group Holding'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.


Raketech Group Holding's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Raketech Group Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Raketech Group Holding's Gross Margin % falls into.



Raketech Group Holding Gross Margin % Calculation

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

Raketech Group Holding'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 )
=502.6 / 869.021
=(Revenue - Cost of Goods Sold) / Revenue
=(869.021 - 366.443) / 869.021
=57.83 %

Raketech Group Holding'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 )
=87.2 / 146.612
=(Revenue - Cost of Goods Sold) / Revenue
=(146.612 - 59.387) / 146.612
=59.49 %

* 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.


Raketech Group Holding  (OSTO:RAKE) 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

Raketech Group Holding had a gross margin of 59.49% 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.


Raketech Group Holding Gross Margin % Related Terms

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


Raketech Group Holding Business Description

Traded in Other Exchanges
N/A
Address
Fawwara building, Soho office, The Strand, Triq l-Imsida, Gzira, MLT, GZR 1401
Raketech Group Holding PLC operates as an online affiliate and performance marketing company. Its primary business involves offering products that guide users in the iGaming market who are interested in sports and gambling, to gambling services. Its portfolio includes Casinos, Sports, and Crypto. It also offers its services as a software (sub-affiliation) and provides data-driven betting advice to consumers and its primary goal is to generate high-quality leads and targeted advertisement space by providing relevant and engaging content to users interested in sports, casinos, and betting. Its Services include Affiliation-as-a service, Affiliation marketing, and Betting tips & subscription.

Raketech Group Holding Headlines

No Headlines