Integrated Cyber Solutions (XCNQ:ICS) Gross Margin % : 33.82% (As of Sep. 2023)

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What is Integrated Cyber Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Integrated Cyber Solutions's Gross Profit for the three months ended in Sep. 2023 was C$0.02 Mil. Integrated Cyber Solutions's Revenue for the three months ended in Sep. 2023 was C$0.07 Mil. Therefore, Integrated Cyber Solutions's Gross Margin % for the quarter that ended in Sep. 2023 was 33.82%.

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

XCNQ:ICS' s Gross Margin % Range Over the Past 10 Years
Min: 24.33 Med: 24.33 Max: 83.42
Current: 83.42

During the past 2 years, the highest Gross Margin % of Integrated Cyber Solutions was 83.42%. The lowest was 24.33%. And the median was 24.33%.

XCNQ:ICS's Gross Margin % is ranked better than
89.88% of 2638 companies
in the Software industry
Industry Median: 41.845 vs XCNQ:ICS: 83.42

Integrated Cyber Solutions had a gross margin of 33.82% for the quarter that ended in Sep. 2023 => Competition eroding margins

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

Integrated Cyber Solutions Gross Margin % Historical Data

The historical data trend for Integrated Cyber Solutions'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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Integrated Cyber Solutions Gross Margin % Chart

Integrated Cyber Solutions Annual Data

Trend

Jun22

Jun23

Gross Margin %

24.33

Integrated Cyber Solutions Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial			-5.00	-	45.24	-	33.82

Competitive Comparison of Integrated Cyber Solutions's Gross Margin %

For the Software - Infrastructure subindustry, Integrated Cyber Solutions'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.

Integrated Cyber Solutions's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Integrated Cyber Solutions's Gross Margin % falls into.

Integrated Cyber Solutions Gross Margin % Calculation

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

Integrated Cyber Solutions's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	0.1	/	0.3
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.3 - 0.227)	/	0.3
	=	24.33 %

Integrated Cyber Solutions'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	/	0.068
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.068 - 0.045)	/	0.068
	=	33.82 %

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.

Integrated Cyber Solutions (XCNQ:ICS) 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

Integrated Cyber Solutions had a gross margin of 33.82% for the quarter that ended in Sep. 2023 => Competition eroding margins

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.

Integrated Cyber Solutions Gross Margin % Related Terms

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Integrated Cyber Solutions (XCNQ:ICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Integrated Cyber Solutions Inc (XCNQ:ICS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Stiles Road, Salem, NH, USA, 03079

Website

https://www.integrated-cyber.com

Integrated Cyber Solutions Inc delivers cyber services to small-to-medium businesses by integrating various third-party security service providers into the IC360 operating system. In addition to providing key cybersecurity services, Integrated Cyber correlates information across multiple siloed platforms in their customers' environments to help them understand and manage their environments with simple, understandable, and actionable insights. The company emphasizes the human side of cybersecurity management, simplifying cyber concepts, and focusing on the critical role employee behavior plays in a company's cyber defenses. Its services include Vulnerability Management, MDR/XDR, and Cyber Training and awareness.

Integrated Cyber Solutions (XCNQ:ICS) Headlines

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