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AltiGen Communications's gross profit for the three months ended in Jun. 2024 was $1.99 Mil. AltiGen Communications's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $8.18 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AltiGen Communications's gross profit for the three months ended in Jun. 2024 was $1.99 Mil. AltiGen Communications's Revenue for the three months ended in Jun. 2024 was $3.28 Mil. Therefore, AltiGen Communications's Gross Margin % for the quarter that ended in Jun. 2024 was 60.74%.
AltiGen Communications had a gross margin of 60.74% for the quarter that ended in Jun. 2024 => Durable competitive advantage
During the past 13 years, the highest Gross Margin % of AltiGen Communications was 84.86%. The lowest was 61.21%. And the median was 78.69%.
Warning Sign:
AltiGen Communications Inc gross margin has been in long-term decline. The average rate of decline per year is -5.6%.
The historical data trend for AltiGen Communications's Gross Profit 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.
AltiGen Communications Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 8.65 | 9.07 | 7.92 | 8.09 | 8.65 |
AltiGen Communications Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Gross Profit | Get a 7-Day Free Trial | 2.13 | 2.17 | 1.95 | 2.06 | 1.99 |
For the Telecom Services subindustry, AltiGen Communications's Gross Profit, along with its competitors' market caps and Gross Profit 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.
For the Telecommunication Services industry and Communication Services sector, AltiGen Communications's Gross Profit distribution charts can be found below:
* The bar in red indicates where AltiGen Communications's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
AltiGen Communications's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as
Gross Profit (A: Sep. 2023 ) | = | Revenue | - | Cost of Goods Sold |
= | 13.681 | - | 5.033 | |
= | 8.65 |
AltiGen Communications's Gross Profit for the quarter that ended in Jun. 2024 is calculated as
Gross Profit (Q: Jun. 2024 ) | = | Revenue | - | Cost of Goods Sold |
= | 3.283 | - | 1.289 | |
= | 1.99 |
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.18 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
AltiGen Communications's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as
Gross Margin % (Q: Jun. 2024 ) | = | Gross Profit (Q: Jun. 2024 ) | / | Revenue (Q: Jun. 2024 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 1.99 | / | 3.283 | |
= | 60.74 % |
* 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.
AltiGen Communications (OTCPK:ATGN) Gross Profit 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
AltiGen Communications had a gross margin of 60.74% for the quarter that ended in Jun. 2024 => Durable competitive advantage
Thank you for viewing the detailed overview of AltiGen Communications's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeremiah Fleming | officer: President & COO | 4555 CUSHING PARKWAY, FREMONT CA 94538 |
Miller Lloyd I Iii | 10 percent owner | |
Gilbert Hu | director, officer: Chief Executive Officer | |
Wanger Long Term Opportunity Fund Ii, Lp | 10 percent owner | 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611 |
Alan B Howe | director | 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081 |
Alan Bradley Howe | director | 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
Wltof Gp Llc | 10 percent owner | 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611 |
Philip M Mcdermott | officer: Chief Financial Officer | |
Wanger Investment Mangagement, Llc | director | 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611 |
Eric Wanger | director | 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611 |
Michael E Plumer | officer: VP of Sales | 213 RYDER STREET, SAN MATEO CA 94401 |
Tsai Mike Mon Yen | director | 28620 MATADERO CREEK COURT, LOS ALTOS CA 94022 |
Tacheng Wang | director | 27101 HORSESHOE LANE, LOS ALTOS HILLS CA 94022 |
Kenneth Tai | director | C/O ALTIGEN COMMUNICATIONS INC, 47429 FREMONT BLVD, FREMONT CA 94538 |
Sun Shirley Tsyr Yi | officer: VP of Research & Development |
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