Predictive Technology Group (Predictive Technology Group) Gross Margin % : 57.67% (As of Mar. 2021)

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What is Predictive Technology Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Predictive Technology Group's Gross Profit for the three months ended in Mar. 2021 was $3.98 Mil. Predictive Technology Group's Revenue for the three months ended in Mar. 2021 was $6.89 Mil. Therefore, Predictive Technology Group's Gross Margin % for the quarter that ended in Mar. 2021 was 57.67%.

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

PRED's Gross Margin % is not ranked ^*
in the Biotechnology industry.
Industry Median: 59.74
* Ranked among companies with meaningful Gross Margin % only.

Predictive Technology Group had a gross margin of 57.67% for the quarter that ended in Mar. 2021 => Durable competitive advantage

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

Predictive Technology Group Gross Margin % Historical Data

The historical data trend for Predictive Technology Group'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.

Predictive Technology Group Gross Margin % Chart

Predictive Technology Group Annual Data

Trend

Aug06

Aug07

Jun16

Jun17

Jun18

Jun19

Jun20

Gross Margin %

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70.95

76.11

62.54

15.78

Predictive Technology Group Quarterly Data
	Nov07	Feb08	May08	Jun16	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Gross Margin %	Get a 7-Day Free Trial															25.96	-6.53	31.94	30.46	57.67

Competitive Comparison of Predictive Technology Group's Gross Margin %

For the Biotechnology subindustry, Predictive Technology Group'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.

Predictive Technology Group's Gross Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Predictive Technology Group's Gross Margin % distribution charts can be found below:

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

Predictive Technology Group Gross Margin % Calculation

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

Predictive Technology Group's Gross Margin for the fiscal year that ended in Jun. 2020 is calculated as

Gross Margin % (A: Jun. 2020 )	=	Gross Profit (A: Jun. 2020 )	/	Revenue (A: Jun. 2020 )
	=	3.9	/	24.441
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(24.441 - 20.585)	/	24.441
	=	15.78 %

Predictive Technology Group's Gross Margin for the quarter that ended in Mar. 2021 is calculated as

Gross Margin % (Q: Mar. 2021 )	=	Gross Profit (Q: Mar. 2021 )	/	Revenue (Q: Mar. 2021 )
	=	4	/	6.894
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.894 - 2.918)	/	6.894
	=	57.67 %

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.

Predictive Technology Group (OTCPK:PRED) 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

Predictive Technology Group had a gross margin of 57.67% for the quarter that ended in Mar. 2021 => 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.

Predictive Technology Group Gross Margin % Related Terms

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Predictive Technology Group (Predictive Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Predictive Technology Group Inc (OTCPK:PRED) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109

Website

https://www.predtechgroup.com

Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.