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Boardwalktech Software (TSXV:BWLK) Gross Margin % : 88.56% (As of Sep. 2024)


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What is Boardwalktech Software Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Boardwalktech Software's Gross Profit for the three months ended in Sep. 2024 was C$1.53 Mil. Boardwalktech Software's Revenue for the three months ended in Sep. 2024 was C$1.73 Mil. Therefore, Boardwalktech Software's Gross Margin % for the quarter that ended in Sep. 2024 was 88.56%.


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

TSXV:BWLK' s Gross Margin % Range Over the Past 10 Years
Min: 86.28   Med: 87.59   Max: 90.61
Current: 88.69


During the past 8 years, the highest Gross Margin % of Boardwalktech Software was 90.61%. The lowest was 86.28%. And the median was 87.59%.

TSXV:BWLK's Gross Margin % is ranked better than
94.35% of 2618 companies
in the Software industry
Industry Median: 41.435 vs TSXV:BWLK: 88.69

Boardwalktech Software had a gross margin of 88.56% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Boardwalktech Software was 0.60% per year.


Boardwalktech Software Gross Margin % Historical Data

The historical data trend for Boardwalktech Software'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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Boardwalktech Software Gross Margin % Chart

Boardwalktech Software Annual Data
Trend Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 86.28 86.41 86.59 90.61 89.58

Boardwalktech Software Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 90.13 89.09 89.04 87.97 88.56

Competitive Comparison of Boardwalktech Software's Gross Margin %

For the Software - Application subindustry, Boardwalktech Software'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.


Boardwalktech Software's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Boardwalktech Software's Gross Margin % falls into.



Boardwalktech Software Gross Margin % Calculation

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

Boardwalktech Software's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=7.2 / 8.084
=(Revenue - Cost of Goods Sold) / Revenue
=(8.084 - 0.842) / 8.084
=89.58 %

Boardwalktech Software's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1.5 / 1.731
=(Revenue - Cost of Goods Sold) / Revenue
=(1.731 - 0.198) / 1.731
=88.56 %

* 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.


Boardwalktech Software  (TSXV:BWLK) 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

Boardwalktech Software had a gross margin of 88.56% for the quarter that ended in Sep. 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.


Boardwalktech Software Gross Margin % Related Terms

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Boardwalktech Software Business Description

Traded in Other Exchanges
Address
10050 N. Wolfe Road, Suite No. SW1-276, Cupertino, CA, USA, 95014
Boardwalktech Software Corp designs and sells collaborative enterprise digital ledger data management technology offered as either a cloud-based platform service that runs industry, or customer-specific applications, Boardwalk Application Engine (BAE) or Boardwalk Enterprise Blockchain (BEB) platforms.
Executives
Steve Bennet Director
Andrew Duncan Director, Senior Officer
Glenn Cordingley Senior Officer

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