Iveda Solutions's gross profit for the
three
months ended in Jun. 2024 was $0.50 Mil. Iveda Solutions's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $0.98 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Iveda Solutions's gross profit for the
three
months ended in Jun. 2024 was $0.50 Mil. Iveda Solutions's Revenue for the
three
months ended in Jun. 2024 was $1.53 Mil. Therefore, Iveda Solutions's Gross Margin % for the quarter that ended in Jun. 2024 was 32.66%.
Iveda Solutions had a gross margin of 32.66% for the quarter that ended in Jun. 2024 => Competition eroding margins
During the past 12 years, the highestGross Margin % of Iveda Solutions was 43.38%. The lowest was 10.50%. And the median was 22.90%.
Warning Sign:
Iveda Solutions Inc gross margin has been in long-term decline. The average rate of decline per year is -6%.
Iveda Solutions Gross Profit Historical Data
The historical data trend for Iveda Solutions'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.
Competitive Comparison of Iveda Solutions's Gross Profit
For the Security & Protection Services subindustry, Iveda Solutions'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.
Iveda Solutions's Gross Profit Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Iveda Solutions's Gross Profit distribution charts can be found below:
* The bar in red indicates where Iveda Solutions's Gross Profit falls into.
Iveda Solutions Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Iveda Solutions's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 $0.98 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Iveda Solutions had a gross margin of 32.66% for the quarter that ended in Jun. 2024 => Competition eroding margins
Iveda Solutions Gross Profit Related Terms
Thank you for viewing the detailed overview of Iveda Solutions's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).
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