Getninjas (BSP:NINJ3) Gross Margin % : 79.94% (As of Dec. 2023)

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What is Getninjas Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Getninjas's Gross Profit for the three months ended in Dec. 2023 was R$11.53 Mil. Getninjas's Revenue for the three months ended in Dec. 2023 was R$14.42 Mil. Therefore, Getninjas's Gross Margin % for the quarter that ended in Dec. 2023 was 79.94%.

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

BSP:NINJ3' s Gross Margin % Range Over the Past 10 Years
Min: 86.7 Med: 90.23 Max: 91.93
Current: 89.39

During the past 6 years, the highest Gross Margin % of Getninjas was 91.93%. The lowest was 86.70%. And the median was 90.23%.

BSP:NINJ3's Gross Margin % is ranked better than
93.65% of 2628 companies
in the Software industry
Industry Median: 41.71 vs BSP:NINJ3: 89.39

Getninjas had a gross margin of 79.94% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Getninjas was 0.20% per year.

Getninjas Gross Margin % Historical Data

The historical data trend for Getninjas'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.

Getninjas Gross Margin % Chart

Getninjas Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

91.93

91.81

90.18

90.27

89.39

Getninjas Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial												93.39	91.57	92.68	92.56	79.94

Competitive Comparison of Getninjas's Gross Margin %

For the Software - Application subindustry, Getninjas'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.

Getninjas's Gross Margin % Distribution in the Software Industry

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

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

Getninjas Gross Margin % Calculation

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

Getninjas'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 )
	=	55.2	/	61.699
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(61.699 - 6.549)	/	61.699
	=	89.39 %

Getninjas'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 )
	=	11.5	/	14.424
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(14.424 - 2.893)	/	14.424
	=	79.94 %

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.

Getninjas (BSP:NINJ3) 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

Getninjas had a gross margin of 79.94% 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.

Getninjas Gross Margin % Related Terms

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Getninjas (BSP:NINJ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Getninjas SA (BSP:NINJ3) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Boa Vista 176, 1.subsolo, Sso Paulo, SP, BRA, 1013001

Website

https://www.getninjas.com.br

Getninjas SA is an application for contracting services in Latin America. The company provides more than 200 types of services such as Plumber, Private detective, Rental Husband, Air Conditioning Assistance, Woodworker, Gardening, Glazier, People Caregiver, Counter, Plaster and Drywall, Refrigerator and Freezer, Washing Assistance, Plunger, Babysitter, Locksmiths and Welding, Cabling and Networks, Tapestry, Website and System Development, Eletronic security, Psychologist, Engineer, Cooker, Manicure and Pedicure, Personal trainer, Hairdressers, Nutritionist, Pest control, Driver with Own Vehicle, Notebook Support, Bartenders, Architects, Logos Creation, Esoteric, Audio and video, Language Class, Dog Trainer, Treadmill, Stove Assistance, Protection Networks, Online Marketing.

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