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Issuer Direct (Issuer Direct) Gross Margin % : 73.91% (As of Dec. 2023)


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What is Issuer Direct Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Issuer Direct's Gross Profit for the three months ended in Dec. 2023 was $5.57 Mil. Issuer Direct's Revenue for the three months ended in Dec. 2023 was $7.54 Mil. Therefore, Issuer Direct's Gross Margin % for the quarter that ended in Dec. 2023 was 73.91%.


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

ISDR' s Gross Margin % Range Over the Past 10 Years
Min: 68.82   Med: 72.15   Max: 76.25
Current: 76.25


During the past 13 years, the highest Gross Margin % of Issuer Direct was 76.25%. The lowest was 68.82%. And the median was 72.15%.

ISDR's Gross Margin % is ranked better than
84.06% of 2628 companies
in the Software industry
Industry Median: 41.685 vs ISDR: 76.25

Issuer Direct had a gross margin of 73.91% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Issuer Direct was 2.00% per year.


Issuer Direct Gross Margin % Historical Data

The historical data trend for Issuer Direct'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.

* Premium members only.

Issuer Direct Gross Margin % Chart

Issuer Direct Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.82 70.77 73.73 75.83 76.24

Issuer Direct Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 73.72 78.78 75.80 76.26 73.91

Competitive Comparison of Issuer Direct's Gross Margin %

For the Software - Application subindustry, Issuer Direct'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.


Issuer Direct's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Issuer Direct's Gross Margin % falls into.



Issuer Direct Gross Margin % Calculation

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

Issuer Direct's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=25.4 / 33.378
=(Revenue - Cost of Goods Sold) / Revenue
=(33.378 - 7.929) / 33.378
=76.24 %

Issuer Direct's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5.6 / 7.539
=(Revenue - Cost of Goods Sold) / Revenue
=(7.539 - 1.967) / 7.539
=73.91 %

* 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.


Issuer Direct  (AMEX:ISDR) 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

Issuer Direct had a gross margin of 73.91% for the quarter that ended in Dec. 2023 => Durable 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.


Issuer Direct Gross Margin % Related Terms

Thank you for viewing the detailed overview of Issuer Direct's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Issuer Direct (Issuer Direct) Business Description

Traded in Other Exchanges
Address
One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603
Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.
Executives
Brian R Balbirnie director, 10 percent owner, officer: Chairman & CEO C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher director 11 S. 12TH STREET, RICHMOND VA 23219
William H Everett director 6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr officer: Chief Financial Officer 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak officer: Chief Financial Officer 8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear director 1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank director 23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan director 336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc 10 percent owner 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard officer: Chief Financial Officer 10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael 10 percent owner 5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert director 46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones officer: Chief Executive Officer 8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217