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Sekur Private Data (Sekur Private Data) Gross Margin % : 92.24% (As of Dec. 2023)


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What is Sekur Private Data Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sekur Private Data's Gross Profit for the three months ended in Dec. 2023 was $0.11 Mil. Sekur Private Data's Revenue for the three months ended in Dec. 2023 was $0.12 Mil. Therefore, Sekur Private Data's Gross Margin % for the quarter that ended in Dec. 2023 was 92.24%.


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

SWISF' s Gross Margin % Range Over the Past 10 Years
Min: -2912   Med: -606.95   Max: 90.44
Current: 90.44


During the past 6 years, the highest Gross Margin % of Sekur Private Data was 90.44%. The lowest was -2912.00%. And the median was -606.95%.

SWISF's Gross Margin % is ranked better than
94.25% of 2624 companies
in the Software industry
Industry Median: 41.67 vs SWISF: 90.44

Sekur Private Data had a gross margin of 92.24% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sekur Private Data was 0.00% per year.


Sekur Private Data Gross Margin % Historical Data

The historical data trend for Sekur Private Data'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.

Sekur Private Data Gross Margin % Chart

Sekur Private Data Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial -1,320.83 -1,423.81 90.27 89.17 90.37

Sekur Private Data Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 86.08 90.63 89.69 89.36 92.24

Competitive Comparison of Sekur Private Data's Gross Margin %

For the Software - Application subindustry, Sekur Private Data'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.


Sekur Private Data's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Sekur Private Data's Gross Margin % falls into.



Sekur Private Data Gross Margin % Calculation

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

Sekur Private Data's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0.4 / 0.405
=(Revenue - Cost of Goods Sold) / Revenue
=(0.405 - 0.039) / 0.405
=90.37 %

Sekur Private Data's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.1 / 0.116
=(Revenue - Cost of Goods Sold) / Revenue
=(0.116 - 0.009) / 0.116
=92.24 %

* 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.


Sekur Private Data  (OTCPK:SWISF) 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

Sekur Private Data had a gross margin of 92.24% for the quarter that ended in Dec. 2023 => 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.


Sekur Private Data Gross Margin % Related Terms

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Sekur Private Data (Sekur Private Data) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Sekur Private Data Ltd is a software company. It is a distributor and license holder of secure cloud-based storage, document management, encrypted emails, and secure communication tools. The products of the company include Digital Safe, Priva Talk, and Sekur. The company sells the products through resellers and other distribution channels such as managed service providers, Internet service providers, and telecommunication companies.

Sekur Private Data (Sekur Private Data) Headlines

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