Gross Margin % is calculated as gross profit divided by its revenue. AquaBounty Technologies's Gross Profit for the
three
months ended in Mar. 2022 was $-2.31 Mil. AquaBounty Technologies's Revenue for the
three
months ended in Mar. 2022 was $0.96 Mil. Therefore, AquaBounty Technologies's Gross Margin % for the quarter that ended in Mar. 2022 was -240.19%.
The historical rank and industry rank for AquaBounty Technologies's Gross Margin % or its related term are showing as below:
AQB'
s Gross Margin % Range Over the Past 10 Years
Min: -5118.75 Med: -2150.94 Max: -506.25
Current: -506.25
During the past 13 years, the highestGross Margin % of AquaBounty Technologies was -506.25%. The lowest was -5118.75%. And the median was -2150.94%.
AQB's Gross Margin % is ranked worse than 99.66% of 1743
companies
in the Consumer Packaged Goods industry
Industry Median: 25.99
vs AQB: -506.25
AquaBounty Technologies had a gross margin of -240.19% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for AquaBounty Technologies was 0.00% per year.
AquaBounty Technologies Gross Margin % Historical Data
The historical data trend for AquaBounty Technologies'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.
AquaBounty Technologies Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Gross Margin %
-2,150.94
-2,990.59
-1,811.23
-5,118.75
-817.96
AquaBounty Technologies Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Gross Margin %
-2,000.00
-713.66
-847.47
-635.17
-240.19
Competitive Comparison
For the Farm Products subindustry, AquaBounty Technologies'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.
AquaBounty Technologies Gross Margin % Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, AquaBounty Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AquaBounty Technologies's Gross Margin % falls into.
* 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
AquaBounty Technologies had a gross margin of -240.19% for the quarter that ended in Mar. 2022 => No sustainable 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.
AquaBounty Technologies Gross Margin % Related Terms
Thank you for viewing the detailed overview of AquaBounty Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.
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