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TBRIF (Therma Bright) Gross Margin % : 73.68% (As of Jan. 2025)


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What is Therma Bright Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Therma Bright's Gross Profit for the three months ended in Jan. 2025 was $0.01 Mil. Therma Bright's Revenue for the three months ended in Jan. 2025 was $0.02 Mil. Therefore, Therma Bright's Gross Margin % for the quarter that ended in Jan. 2025 was 73.68%.


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

TBRIF' s Gross Margin % Range Over the Past 10 Years
Min: 45.32   Med: 50   Max: 96.15
Current: 84.09


During the past 13 years, the highest Gross Margin % of Therma Bright was 96.15%. The lowest was 45.32%. And the median was 50.00%.

TBRIF's Gross Margin % is ranked better than
92.94% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 53.03 vs TBRIF: 84.09

Therma Bright had a gross margin of 73.68% for the quarter that ended in Jan. 2025 => Durable competitive advantage

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


Therma Bright Gross Margin % Historical Data

The historical data trend for Therma Bright'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.

Therma Bright Gross Margin % Chart

Therma Bright Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 45.79 - 94.74

Therma Bright Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 83.33 - - - 73.68

Competitive Comparison of Therma Bright's Gross Margin %

For the Medical Devices subindustry, Therma Bright'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.


Therma Bright's Gross Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Therma Bright's Gross Margin % falls into.


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Therma Bright Gross Margin % Calculation

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

Therma Bright's Gross Margin for the fiscal year that ended in Jul. 2024 is calculated as

Gross Margin % (A: Jul. 2024 )=Gross Profit (A: Jul. 2024 ) / Revenue (A: Jul. 2024 )
=0 / 0.019
=(Revenue - Cost of Goods Sold) / Revenue
=(0.019 - 0.001) / 0.019
=94.74 %

Therma Bright's Gross Margin for the quarter that ended in Jan. 2025 is calculated as


Gross Margin % (Q: Jan. 2025 )=Gross Profit (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=0 / 0.019
=(Revenue - Cost of Goods Sold) / Revenue
=(0.019 - 0.005) / 0.019
=73.68 %

* 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.


Therma Bright  (OTCPK:TBRIF) 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

Therma Bright had a gross margin of 73.68% for the quarter that ended in Jan. 2025 => 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.


Therma Bright Gross Margin % Related Terms

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Therma Bright Business Description

Traded in Other Exchanges
Address
345 Danforth Avenue, Toronto, ON, CAN, M4K 1N7
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.

Therma Bright Headlines