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Quarticon (WAR:QON) Gross Margin % : 98.60% (As of Sep. 2023)


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What is Quarticon Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Quarticon's Gross Profit for the three months ended in Sep. 2023 was zł0.14 Mil. Quarticon's Revenue for the three months ended in Sep. 2023 was zł0.14 Mil. Therefore, Quarticon's Gross Margin % for the quarter that ended in Sep. 2023 was 98.60%.

Warning Sign:

Quarticon SA gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

WAR:QON' s Gross Margin % Range Over the Past 10 Years
Min: 97.42   Med: 99.33   Max: 125.85
Current: 98.29


During the past 7 years, the highest Gross Margin % of Quarticon was 125.85%. The lowest was 97.42%. And the median was 99.33%.

WAR:QON's Gross Margin % is ranked better than
97.75% of 2624 companies
in the Software industry
Industry Median: 41.67 vs WAR:QON: 98.29

Quarticon had a gross margin of 98.60% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Quarticon was -3.20% per year.


Quarticon Gross Margin % Historical Data

The historical data trend for Quarticon'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.

Quarticon Gross Margin % Chart

Quarticon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 97.42 98.44 99.33 99.53 99.02

Quarticon Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 98.91 99.00 98.83 94.88 98.60

Competitive Comparison of Quarticon's Gross Margin %

For the Software - Application subindustry, Quarticon'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.


Quarticon's Gross Margin % Distribution in the Software Industry

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

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



Quarticon Gross Margin % Calculation

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

Quarticon's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=3.8 / 3.866
=(Revenue - Cost of Goods Sold) / Revenue
=(3.866 - 0.038) / 3.866
=99.02 %

Quarticon's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.1 / 0.143
=(Revenue - Cost of Goods Sold) / Revenue
=(0.143 - 0.002) / 0.143
=98.60 %

* 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.


Quarticon  (WAR:QON) 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

Quarticon had a gross margin of 98.60% for the quarter that ended in Sep. 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.


Quarticon Gross Margin % Related Terms

Thank you for viewing the detailed overview of Quarticon's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Quarticon (WAR:QON) Business Description

Traded in Other Exchanges
N/A
Address
Aleje Jerozolimskie 123A, Warszawa, POL, 02-017
Quarticon SA is a Poland based technology company. It provides solutions to e-shops and e-commerce industry by using modern technology based on artificial intelligence and machine learning algorithms. The company offer includes a recommendation engine, personalized banners, pop-ups, landing pages, and marketing automation. The development of QuarticOn is based on two business segments: Customer Data & Experience Platform and AI Fashion Stylist.

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