GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aspen Group Ltd (FRA:AYV1) » Definitions » Gross Margin %

Aspen Group (FRA:AYV1) Gross Margin % : 66.01% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Aspen Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aspen Group's Gross Profit for the six months ended in Dec. 2023 was €17.06 Mil. Aspen Group's Revenue for the six months ended in Dec. 2023 was €25.84 Mil. Therefore, Aspen Group's Gross Margin % for the quarter that ended in Dec. 2023 was 66.01%.


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

FRA:AYV1' s Gross Margin % Range Over the Past 10 Years
Min: 40.3   Med: 54.87   Max: 74.2
Current: 64.6


During the past 13 years, the highest Gross Margin % of Aspen Group was 74.20%. The lowest was 40.30%. And the median was 54.87%.

FRA:AYV1's Gross Margin % is ranked better than
75.94% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs FRA:AYV1: 64.60

Aspen Group had a gross margin of 66.01% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aspen Group was 10.10% per year.


Aspen Group Gross Margin % Historical Data

The historical data trend for Aspen Group'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.

Aspen Group Gross Margin % Chart

Aspen Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.30 74.20 67.16 62.21 66.16

Aspen Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 65.66 59.56 69.64 62.83 66.01

Competitive Comparison of Aspen Group's Gross Margin %

For the Real Estate - Diversified subindustry, Aspen Group'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.


Aspen Group's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aspen Group's Gross Margin % distribution charts can be found below:

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



Aspen Group Gross Margin % Calculation

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

Aspen Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=26.9 / 40.679
=(Revenue - Cost of Goods Sold) / Revenue
=(40.679 - 13.765) / 40.679
=66.16 %

Aspen Group'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 )
=17.1 / 25.84
=(Revenue - Cost of Goods Sold) / Revenue
=(25.84 - 8.783) / 25.84
=66.01 %

* 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.


Aspen Group  (FRA:AYV1) 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

Aspen Group had a gross margin of 66.01% 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.


Aspen Group Gross Margin % Related Terms

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


Aspen Group (FRA:AYV1) Business Description

Traded in Other Exchanges
Address
285A Crown Street, Suite 21, Surry Hills, Sydney, NSW, AUS, 2010
Aspen Group Ltd is an Australia-based company engaged in the business of investment in commercial and non-core development assets. It operates through the segment being investment properties within Australia.

Aspen Group (FRA:AYV1) Headlines

No Headlines