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EZRaider Co (EZRaider Co) Gross Margin % : 75.35% (As of Jun. 2022)


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What is EZRaider Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EZRaider Co's Gross Profit for the three months ended in Jun. 2022 was $0.16 Mil. EZRaider Co's Revenue for the three months ended in Jun. 2022 was $0.22 Mil. Therefore, EZRaider Co's Gross Margin % for the quarter that ended in Jun. 2022 was 75.35%.


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


EZRG's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 49.655
* Ranked among companies with meaningful Gross Margin % only.

EZRaider Co had a gross margin of 75.35% for the quarter that ended in Jun. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EZRaider Co was 0.00% per year.


EZRaider Co Gross Margin % Historical Data

The historical data trend for EZRaider Co'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.

EZRaider Co Gross Margin % Chart

EZRaider Co Annual Data
Trend Feb20
Gross Margin %
27.36

EZRaider Co Quarterly Data
Feb20 Aug20 Nov20 Feb21 Aug21 Nov21 Mar22 Jun22
Gross Margin % Get a 7-Day Free Trial 126.67 - 34.38 27.40 75.35

Competitive Comparison of EZRaider Co's Gross Margin %

For the Shell Companies subindustry, EZRaider Co'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.


EZRaider Co's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, EZRaider Co's Gross Margin % distribution charts can be found below:

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



EZRaider Co Gross Margin % Calculation

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

EZRaider Co's Gross Margin for the fiscal year that ended in Feb. 2020 is calculated as

Gross Margin % (A: Feb. 2020 )=Gross Profit (A: Feb. 2020 ) / Revenue (A: Feb. 2020 )
=0.1 / 0.318
=(Revenue - Cost of Goods Sold) / Revenue
=(0.318 - 0.231) / 0.318
=27.36 %

EZRaider Co's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=0.2 / 0.215
=(Revenue - Cost of Goods Sold) / Revenue
=(0.215 - 0.053) / 0.215
=75.35 %

* 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.


EZRaider Co  (OTCPK:EZRG) 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

EZRaider Co had a gross margin of 75.35% for the quarter that ended in Jun. 2022 => 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.


EZRaider Co Gross Margin % Related Terms

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EZRaider Co (EZRaider Co) Business Description

Traded in Other Exchanges
N/A
Address
1303 Central Avenue South, Unit D, Kent, WA, USA, 98032
Website
EZRaider Co engages in providing manned tactical electric vehicles. Its products include EZRaider LW, EZRaider HD2, EZRaider HD4, and EZRaider E Cart HD.

EZRaider Co (EZRaider Co) Headlines