Mynd.ai (STU:WK6) Gross Margin % : 20.58% (As of Dec. 2024)

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What is Mynd.ai Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mynd.ai's Gross Profit for the six months ended in Dec. 2024 was €19.9 Mil. Mynd.ai's Revenue for the six months ended in Dec. 2024 was €96.8 Mil. Therefore, Mynd.ai's Gross Margin % for the quarter that ended in Dec. 2024 was 20.58%.

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

STU:WK6' s Gross Margin % Range Over the Past 10 Years
Min: 24.13 Med: 24.59 Max: 31.01
Current: 24.77

During the past 4 years, the highest Gross Margin % of Mynd.ai was 31.01%. The lowest was 24.13%. And the median was 24.59%.

STU:WK6's Gross Margin % is ranked worse than
86.96% of 253 companies
in the Education industry
Industry Median: 47.68 vs STU:WK6: 24.77

Mynd.ai had a gross margin of 20.58% for the quarter that ended in Dec. 2024 => Competition eroding margins

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

Mynd.ai Gross Margin % Historical Data

The historical data trend for Mynd.ai'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.

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Mynd.ai Gross Margin % Chart

Mynd.ai Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Gross Margin %

31.01

24.13

24.40

24.77

Mynd.ai Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Gross Margin %	Get a 7-Day Free Trial			-	26.28	22.20	27.34	20.58

Competitive Comparison of Mynd.ai's Gross Margin %

For the Education & Training Services subindustry, Mynd.ai'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.

Mynd.ai's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Mynd.ai's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mynd.ai's Gross Margin % falls into.

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Mynd.ai Gross Margin % Calculation

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

Mynd.ai'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 )
	=	63.3	/	255.349
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(255.349 - 192.089)	/	255.349
	=	24.77 %

Mynd.ai'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 )
	=	19.9	/	96.835
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(96.835 - 76.909)	/	96.835
	=	20.58 %

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.

Mynd.ai (STU:WK6) 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

Mynd.ai had a gross margin of 20.58% for the quarter that ended in Dec. 2024 => Competition eroding margins

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.

Mynd.ai Gross Margin % Related Terms

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Mynd.ai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Mynd.ai Inc (STU:WK6) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

MYND:USA WK6:Germany

Address

720 Olive Way, Suite 1500, Seattle, WA, USA, 98101

Website

https://www.mynd.ai

Mynd.ai Inc is a company that provides a platform for delivering digital content in K-12 classrooms, giving teachers seamless connectivity to inspire young minds. It features agnostic hardware that integrates across technology providers. Its product line includes a wide range of interactive tools and technologies, with its award-winning interactive displays at the forefront. It also offers interactive software apps such as Screen Share, computing modules, and accessories that meet the needs of customers, including K -12 educators, colleges and universities, small businesses and corporations, government agencies, and more.

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