No Gravity Development (WAR:NGD) Gross Margin % : 65.97% (As of Dec. 2023)

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What is No Gravity Development Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. No Gravity Development's Gross Profit for the three months ended in Dec. 2023 was zł0.25 Mil. No Gravity Development's Revenue for the three months ended in Dec. 2023 was zł0.38 Mil. Therefore, No Gravity Development's Gross Margin % for the quarter that ended in Dec. 2023 was 65.97%.

The historical rank and industry rank for No Gravity Development's Gross Margin % or its related term are showing as below:

WAR:NGD' s Gross Margin % Range Over the Past 10 Years
Min: 65.97 Med: 118.15 Max: 126.7
Current: 65.97

During the past 3 years, the highest Gross Margin % of No Gravity Development was 126.70%. The lowest was 65.97%. And the median was 118.15%.

WAR:NGD's Gross Margin % is ranked better than
54.91% of 519 companies
in the Interactive Media industry
Industry Median: 61.27 vs WAR:NGD: 65.97

No Gravity Development had a gross margin of 65.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for No Gravity Development was 0.00% per year.

No Gravity Development Gross Margin % Historical Data

The historical data trend for No Gravity Development'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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No Gravity Development Gross Margin % Chart

No Gravity Development Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

126.70

118.15

82.64

No Gravity Development Quarterly Data
	Dec21	Dec22	Dec23
Gross Margin %	-	78.84	65.97

Competitive Comparison of No Gravity Development's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, No Gravity Development'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.

No Gravity Development's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, No Gravity Development's Gross Margin % distribution charts can be found below:

* The bar in red indicates where No Gravity Development's Gross Margin % falls into.

No Gravity Development Gross Margin % Calculation

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

No Gravity Development'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 )
	=	0.9	/	1.129
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.129 - 0.196)	/	1.129
	=	82.64 %

No Gravity Development'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 )
	=	0.3	/	0.382
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.382 - 0.13)	/	0.382
	=	65.97 %

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.

No Gravity Development (WAR:NGD) 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

No Gravity Development had a gross margin of 65.97% 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.

No Gravity Development Gross Margin % Related Terms

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No Gravity Development (WAR:NGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » No Gravity Development SA (WAR:NGD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Dzika 15/13, Warszawa, POL, 00-172

Website

https://nogravitydevelopment.com

No Gravity Development SA operates as an independent development studio created by the listed computer game publisher No Gravity Games SA. It specializes mainly in porting (transferring from one hardware platform to another) games while maintaining the highest quality standards, with particular emphasis on console platforms, i.e. Nintendo Switch, Xbox One, Xbox Series, PlayStation 4, and PlayStation 5.