Gross Margin % is calculated as gross profit divided by its revenue. Wejo Group's Gross Profit for the
three
months ended in Mar. 2023 was $-0.36 Mil. Wejo Group's Revenue for the
three
months ended in Mar. 2023 was $3.86 Mil. Therefore, Wejo Group's Gross Margin % for the quarter that ended in Mar. 2023 was -9.43%.
The historical rank and industry rank for Wejo Group's Gross Margin % or its related term are showing as below:
WEJOF's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 40.45 * Ranked among companies with meaningful Gross Margin % only.
Wejo Group had a gross margin of -9.43% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Wejo Group was 0.00% per year.
Wejo Group (OTCPK:WEJOF) 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
Wejo Group had a gross margin of -9.43% for the quarter that ended in Mar. 2023 => No sustainable 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.
Wejo Group Gross Margin % Related Terms
Wejo Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Wejo Group'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.
WEJOF vs SOLS, BTOW, IRNTQ: Gross Margin % Comparison
For the Software - Infrastructure subindustry, Wejo Group'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.
Wejo Group Gross Margin % vs Software Industry
For the Software industry and Technology sector, Wejo Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Wejo Group's Gross Margin % falls into.
* 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.
Wejo Group (WEJOF) has a Gross Margin % of -9.43% as of Mar. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Wejo Group and its competitors.
Is Wejo Group's Gross Margin % too high?
Wejo Group's current Gross Margin % is -9.43%.
How does Wejo Group's Gross Margin % compare to SOLS and BTOW?
Wejo Group's Gross Margin % of -9.43% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Wejo Group and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wejo Group's current Gross Margin % is -9.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wejo Group stock overvalued right now?
Wejo Group (WEJOF) has a current Gross Margin % of -9.43%. The current Gross Margin % is -9.43%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Wejo Group (WEJOF), the current Gross Margin % is -9.43% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.
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