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BQE Water (BQE Water) Gross Margin % : 52.60% (As of Sep. 2023)


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What is BQE Water Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BQE Water's Gross Profit for the three months ended in Sep. 2023 was $2.43 Mil. BQE Water's Revenue for the three months ended in Sep. 2023 was $4.62 Mil. Therefore, BQE Water's Gross Margin % for the quarter that ended in Sep. 2023 was 52.60%.


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

BTQNF' s Gross Margin % Range Over the Past 10 Years
Min: 36.03   Med: 48.62   Max: 158.46
Current: 132.28


During the past 13 years, the highest Gross Margin % of BQE Water was 158.46%. The lowest was 36.03%. And the median was 48.62%.

BTQNF's Gross Margin % is ranked better than
99.56% of 225 companies
in the Waste Management industry
Industry Median: 28.25 vs BTQNF: 132.28

BQE Water had a gross margin of 52.60% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BQE Water was 31.40% per year.


BQE Water Gross Margin % Historical Data

The historical data trend for BQE Water'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.

BQE Water Gross Margin % Chart

BQE Water Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.49 50.55 42.43 152.57 158.45

BQE Water Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 49.77 451.16 37.06 48.33 52.60

Competitive Comparison of BQE Water's Gross Margin %

For the Waste Management subindustry, BQE Water'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.


BQE Water's Gross Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, BQE Water's Gross Margin % distribution charts can be found below:

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



BQE Water Gross Margin % Calculation

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

BQE Water's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=14.2 / 8.95
=(Revenue - Cost of Goods Sold) / Revenue
=(8.95 - -5.231) / 8.95
=158.45 %

BQE Water's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2.4 / 4.616
=(Revenue - Cost of Goods Sold) / Revenue
=(4.616 - 2.188) / 4.616
=52.60 %

* 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.


BQE Water  (OTCPK:BTQNF) 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

BQE Water had a gross margin of 52.60% for the quarter that ended in Sep. 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.


BQE Water Gross Margin % Related Terms

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BQE Water (BQE Water) Business Description

Traded in Other Exchanges
Address
900 Howe Street, Suite 250, Vancouver, BC, CAN, V6Z 2M4
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. It has one operating segment, principally being an integrated water management services and treatment solutions provider.

BQE Water (BQE Water) Headlines

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