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Perk Labs (Perk Labs) Gross Margin % : 14.29% (As of Aug. 2023)


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What is Perk Labs Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Perk Labs's Gross Profit for the three months ended in Aug. 2023 was $0.00 Mil. Perk Labs's Revenue for the three months ended in Aug. 2023 was $0.01 Mil. Therefore, Perk Labs's Gross Margin % for the quarter that ended in Aug. 2023 was 14.29%.


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

PKLBF' s Gross Margin % Range Over the Past 10 Years
Min: -15.63   Med: 0.33   Max: 28.13
Current: 6.35


During the past 8 years, the highest Gross Margin % of Perk Labs was 28.13%. The lowest was -15.63%. And the median was 0.33%.

PKLBF's Gross Margin % is ranked worse than
94.28% of 2638 companies
in the Software industry
Industry Median: 41.845 vs PKLBF: 6.35

Perk Labs had a gross margin of 14.29% for the quarter that ended in Aug. 2023 => No sustainable competitive advantage

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


Perk Labs Gross Margin % Historical Data

The historical data trend for Perk Labs'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.

Perk Labs Gross Margin % Chart

Perk Labs Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Gross Margin %
Get a 7-Day Free Trial - -16.67 -6.12 8.70 29.17

Perk Labs Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 25.00 12.50 50.00 - 14.29

Competitive Comparison of Perk Labs's Gross Margin %

For the Software - Infrastructure subindustry, Perk Labs'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.


Perk Labs's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Perk Labs's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Perk Labs's Gross Margin % falls into.



Perk Labs Gross Margin % Calculation

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

Perk Labs's Gross Margin for the fiscal year that ended in Nov. 2022 is calculated as

Gross Margin % (A: Nov. 2022 )=Gross Profit (A: Nov. 2022 ) / Revenue (A: Nov. 2022 )
=0 / 0.024
=(Revenue - Cost of Goods Sold) / Revenue
=(0.024 - 0.017) / 0.024
=29.17 %

Perk Labs's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=0 / 0.007
=(Revenue - Cost of Goods Sold) / Revenue
=(0.007 - 0.006) / 0.007
=14.29 %

* 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.


Perk Labs  (OTCPK:PKLBF) 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

Perk Labs had a gross margin of 14.29% for the quarter that ended in Aug. 2023 => 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.


Perk Labs Gross Margin % Related Terms

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Perk Labs (Perk Labs) Business Description

Traded in Other Exchanges
Address
555 Burrard Street, Suite 1755, Two Bentall Centre - Box 240, Vancouver, BC, CAN, V7X 1M9
Perk Labs Inc is engaged in operating an online ordering, payments and loyalty platform. The company mainly offers merchants three products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. The Company launched its Glance Pay application in 2016 and officially launched Perk Hero on April 2020. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. The streams of revenue of the company are Licensing revenue, Transaction revenue, Product revenue Subscription revenue and Custom-branded app revenue.