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SSII (SS Innovations International) Gross Margin % : 48.90% (As of Dec. 2024)


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What is SS Innovations International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SS Innovations International's Gross Profit for the three months ended in Dec. 2024 was $3.97 Mil. SS Innovations International's Revenue for the three months ended in Dec. 2024 was $8.12 Mil. Therefore, SS Innovations International's Gross Margin % for the quarter that ended in Dec. 2024 was 48.90%.


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

SSII' s Gross Margin % Range Over the Past 10 Years
Min: 4.25   Med: 12.36   Max: 40.93
Current: 40.93


During the past 9 years, the highest Gross Margin % of SS Innovations International was 40.93%. The lowest was 4.25%. And the median was 12.36%.

SSII's Gross Margin % is ranked worse than
67.37% of 806 companies
in the Medical Devices & Instruments industry
Industry Median: 52.915 vs SSII: 40.93

SS Innovations International had a gross margin of 48.90% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SS Innovations International was 0.00% per year.


SS Innovations International Gross Margin % Historical Data

The historical data trend for SS Innovations International'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.

SS Innovations International Gross Margin % Chart

SS Innovations International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only - - 4.25 12.36 40.93

SS Innovations International 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 -29.38 20.01 31.89 52.82 48.90

Competitive Comparison of SS Innovations International's Gross Margin %

For the Medical Devices subindustry, SS Innovations International'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.


SS Innovations International's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SS Innovations International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SS Innovations International's Gross Margin % falls into.


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SS Innovations International Gross Margin % Calculation

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

SS Innovations International'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 )
=8.5 / 20.65
=(Revenue - Cost of Goods Sold) / Revenue
=(20.65 - 12.198) / 20.65
=40.93 %

SS Innovations International'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 )
=4 / 8.116
=(Revenue - Cost of Goods Sold) / Revenue
=(8.116 - 4.147) / 8.116
=48.90 %

* 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.


SS Innovations International  (OTCPK:SSII) 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

SS Innovations International had a gross margin of 48.90% for the quarter that ended in Dec. 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.


SS Innovations International Gross Margin % Related Terms

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


SS Innovations International Business Description

Traded in Other Exchanges
N/A
Address
Udyog Vihar, Phase III, 405, 3rd Floor, iLabs Info Technology Centre, Gurugram, HR, IND, 122016
SS Innovations International Inc is a commercial-stage surgical robotics company focused on transforming patient lives by democratizing access to advanced surgical robotics technologies. The company designs, manufactures, and markets an advanced, next-generation, and affordable surgical robotic system called the SSi Mantra, and the instruments and accessories used with SSi Mantra to perform a wide range of soft-tissue, robotically assisted surgeries. The company earns the majority of its revenue from India.
Executives
Barry F Cohen director, officer: COO 1600 SOUTHEAST 15TH STREET, APT 512, FORT LAUDERDALE FL 33316
Sudhir Srivastava director, 10 percent owner, officer: Chairman and CEO C/O AVRA SURGICAL ROBOTICS, ONE LIBERTY PLAZA, 35TH FLOOR, NEW YORK NY 10006
Kumar Sethi Anup officer: Chief Financial Officer C-102, DREAM APARTMENTS,, PLOT-14, SECTOR 22, DWARKA, NEW DEHLI K7 110077
Pascual Srivastava Vishwajyoti officer: President 28 HAARBAA, TRIAVENI GARDENS COMPLEX, GADAIPUR MEHRA, NEW DEHLI K7 110030
Sampige Prasannakumar Somashekar director APT 9J, NEST NO 8, 303 LG HALFI, RMV II, BANGALORE K7 560094
Annadurai Mylswamy director #344, NTI LAYOUT, 10TH MAIN, VIDHYARANYAPURA, BANGALORE K7 560067