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QPRC (Quest Patent Research) Gross Margin % : 0.00% (As of Dec. 2024)


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What is Quest Patent Research Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Quest Patent Research's Gross Profit for the three months ended in Dec. 2024 was $-0.14 Mil. Quest Patent Research's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Therefore, Quest Patent Research's Gross Margin % for the quarter that ended in Dec. 2024 was 0.00%.


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

QPRC' s Gross Margin % Range Over the Past 10 Years
Min: 7.12   Med: 32.4   Max: 57.83
Current: 37.64


During the past 13 years, the highest Gross Margin % of Quest Patent Research was 57.83%. The lowest was 7.12%. And the median was 32.40%.

QPRC's Gross Margin % is ranked better than
55.05% of 990 companies
in the Business Services industry
Industry Median: 34.065 vs QPRC: 37.64

Quest Patent Research had a gross margin of % for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Quest Patent Research was 20.80% per year.


Quest Patent Research Gross Margin % Historical Data

The historical data trend for Quest Patent Research'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.

Quest Patent Research Gross Margin % Chart

Quest Patent Research Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.49 35.85 32.82 47.49 34.03

Quest Patent Research Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 50.46 46.22 54.47 27.56 -

Competitive Comparison of Quest Patent Research's Gross Margin %

For the Consulting Services subindustry, Quest Patent Research'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.


Quest Patent Research's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quest Patent Research's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Quest Patent Research's Gross Margin % falls into.


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Quest Patent Research Gross Margin % Calculation

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

Quest Patent Research's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=1 / 2.795
=(Revenue - Cost of Goods Sold) / Revenue
=(2.795 - 1.844) / 2.795
=34.03 %

Quest Patent Research's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.142) / 0
= %

* 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.


Quest Patent Research  (OTCPK:QPRC) 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

Quest Patent Research had a gross margin of % for the quarter that ended in Dec. 2024 => 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.


Quest Patent Research Gross Margin % Related Terms

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


Quest Patent Research Business Description

Traded in Other Exchanges
N/A
Address
411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411
Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.
Executives
Timothy J Scahill director 472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll director 242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino director 7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill director, officer: President & COO 24 GREENHAVEN RD., RYE NY 10580-1018