MICR (Micron Solutions) Gross Profit: $2.78 Mil (TTM As of Mar. 2023)

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MICR Micron Solutions Inc MICR
16 GF Score
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What is Micron Solutions Gross Profit?

Micron Solutions MICR 16 Gross Profit is $2.78 Mil as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

Micron Solutions's gross profit for the three months ended in Mar. 2023 was $0.32 Mil. Micron Solutions's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $2.78 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Micron Solutions's gross profit for the three months ended in Mar. 2023 was $0.32 Mil. Micron Solutions's Revenue for the three months ended in Mar. 2023 was $5.18 Mil. Therefore, Micron Solutions's Gross Margin % for the quarter that ended in Mar. 2023 was 6.26%.

Micron Solutions had a gross margin of 6.26% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Micron Solutions  (OTCPK:MICR) 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

Micron Solutions had a gross margin of 6.26% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Micron Solutions Gross Profit Related Terms


Micron Solutions Gross Profit Historical Data

* Premium members only.

The historical data trend for Micron 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.

Micron Solutions Gross Profit Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 1.76 3.55 1.85 2.85

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Gross Profit 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 0.40 0.91 0.95 0.60 0.32

MICR vs AIMD, RSLS, NUWE: Gross Profit Comparison

For the Medical Devices subindustry, Micron 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.


Micron Solutions Gross Profit vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Micron Solutions's Gross Profit falls into.


MICR
16GF Score
Micron Solutions Inc MICR
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Micron Solutions's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=22.565 - 19.715
=2.85

Micron Solutions's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=5.178 - 4.854
=0.32

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.78 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Micron Solutions's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.32 / 5.178
=6.26 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $2.78 Mil mean?
Micron Solutions (MICR) has a Gross Profit of $2.78 Mil as of Mar. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Micron Solutions and its competitors.
Is Micron Solutions' Gross Profit too high?
Micron Solutions' current Gross Profit is $2.78 Mil. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Micron Solutions' Gross Profit compare to AIMD and RSLS?
Micron Solutions' Gross Profit of $2.78 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Devices & Instruments company?
A good Gross Profit depends on the Medical Devices & Instruments industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Micron Solutions and its competitors. Micron Solutions's current Gross Profit is $2.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Solutions stock overvalued right now?
Micron Solutions (MICR) has a current Gross Profit of $2.78 Mil. The current Gross Profit is $2.78 Mil. Micron Solutions' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Micron Solutions (MICR), the current Gross Profit is $2.78 Mil 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.

Micron Solutions Business Description

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
16GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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