Tiny (TSXV:TINY) Gross Margin % : 42.88% (As of Sep. 2024)

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What is Tiny Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tiny's Gross Profit for the three months ended in Sep. 2024 was C$20.0 Mil. Tiny's Revenue for the three months ended in Sep. 2024 was C$46.7 Mil. Therefore, Tiny's Gross Margin % for the quarter that ended in Sep. 2024 was 42.88%.

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

TSXV:TINY' s Gross Margin % Range Over the Past 10 Years
Min: 45.49 Med: 50.44 Max: 59.52
Current: 59.52

During the past 2 years, the highest Gross Margin % of Tiny was 59.52%. The lowest was 45.49%. And the median was 50.44%.

TSXV:TINY's Gross Margin % is ranked better than
53.38% of 532 companies
in the Asset Management industry
Industry Median: 55.415 vs TSXV:TINY: 59.52

Tiny had a gross margin of 42.88% for the quarter that ended in Sep. 2024 => Durable competitive advantage

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

Tiny Gross Margin % Historical Data

The historical data trend for Tiny'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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Tiny Gross Margin % Chart

Tiny Annual Data

Trend

Dec22

Dec23

Gross Margin %

55.38

45.49

Tiny Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial					44.83	48.38	44.85	-	42.88

Competitive Comparison of Tiny's Gross Margin %

For the Asset Management subindustry, Tiny'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.

Tiny's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tiny's Gross Margin % distribution charts can be found below:

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

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Tiny Gross Margin % Calculation

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

Tiny'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 )
	=	84.4	/	185.503
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(185.503 - 101.116)	/	185.503
	=	45.49 %

Tiny'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 )
	=	20	/	46.691
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(46.691 - 26.672)	/	46.691
	=	42.88 %

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.

Tiny (TSXV:TINY) 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

Tiny had a gross margin of 42.88% 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.

Tiny Gross Margin % Related Terms

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Tiny Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tiny Ltd (TSXV:TINY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

TNYZF:USA I0B:Germany

Address

2900 - 550 Burrard Street, Vancouver, BC, CAN, V6C 0A3

Website

https://www.tiny.com

Tiny Ltd operates as a technology holding company which acquires majority stakes in businesses. Its investments are predominantly internet and technology-focused, but it also owns businesses in other industries. The company's reportable segments are; Digital Services, Creative Platform, Software, and Apps. Geographically, it generates key revenue from the United States followed by Europe, Canada, Asia, Australasia, and other regions.

Executives

Timothy Andrew Mcelvaine	Director
Shane Alexander Parrish	Director
Jordan Taub	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Andrew David Charles Wilkinson	10% Security Holder, Director, Senior Officer
Pradeep Nalluri	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Charron	Senior Officer
Ampere On Pui Chan	Senior Officer