GURUFOCUS.COM » STOCK LIST » Technology » Software » Buddy Technologies Ltd (OTCPK:POTTF) » Definitions » Gross Margin %

Buddy Technologies (Buddy Technologies) Gross Margin % : 43.95% (As of Dec. 2021)


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

What is Buddy Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Buddy Technologies's Gross Profit for the six months ended in Dec. 2021 was $4.32 Mil. Buddy Technologies's Revenue for the six months ended in Dec. 2021 was $9.83 Mil. Therefore, Buddy Technologies's Gross Margin % for the quarter that ended in Dec. 2021 was 43.95%.


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


POTTF's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.74
* Ranked among companies with meaningful Gross Margin % only.

Buddy Technologies had a gross margin of 43.95% for the quarter that ended in Dec. 2021 => Durable competitive advantage

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


Buddy Technologies Gross Margin % Historical Data

The historical data trend for Buddy 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.

Buddy Technologies Gross Margin % Chart

Buddy Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.64 30.41 22.99 29.73 25.82

Buddy Technologies Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 31.36 26.18 30.71 18.50 43.95

Competitive Comparison of Buddy Technologies's Gross Margin %

For the Software - Infrastructure subindustry, Buddy 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.


Buddy Technologies's Gross Margin % Distribution in the Software Industry

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

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



Buddy Technologies Gross Margin % Calculation

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

Buddy Technologies's Gross Margin for the fiscal year that ended in Jun. 2021 is calculated as

Gross Margin % (A: Jun. 2021 )=Gross Profit (A: Jun. 2021 ) / Revenue (A: Jun. 2021 )
=5.7 / 21.996
=(Revenue - Cost of Goods Sold) / Revenue
=(21.996 - 16.316) / 21.996
=25.82 %

Buddy Technologies's Gross Margin for the quarter that ended in Dec. 2021 is calculated as


Gross Margin % (Q: Dec. 2021 )=Gross Profit (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=4.3 / 9.831
=(Revenue - Cost of Goods Sold) / Revenue
=(9.831 - 5.51) / 9.831
=43.95 %

* 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.


Buddy Technologies  (OTCPK:POTTF) 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

Buddy Technologies had a gross margin of 43.95% for the quarter that ended in Dec. 2021 => 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.


Buddy Technologies Gross Margin % Related Terms

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


Buddy Technologies (Buddy Technologies) Business Description

Traded in Other Exchanges
N/A
Address
12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).

Buddy Technologies (Buddy Technologies) Headlines

No Headlines