SEAC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SEAC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Gross Margin % is calculated as gross profit divided by its revenue. SeaChange International's Gross Profit for the three months ended in Apr. 2023 was $4.15 Mil. SeaChange International's Revenue for the three months ended in Apr. 2023 was $6.99 Mil. Therefore, SeaChange International's Gross Margin % for the quarter that ended in Apr. 2023 was 59.40%.
The historical rank and industry rank for SeaChange International's Gross Margin % or its related term are showing as below:
SeaChange International had a gross margin of 59.40% for the quarter that ended in Apr. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SeaChange International was 0.00% per year.
The historical data trend for SeaChange International'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.
SeaChange International Annual Data | |||||||||||||||||||||
Trend | Jan14 | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | |||||||||||
Gross Margin % | Get a 7-Day Free Trial | 59.82 | 64.78 | 45.14 | 59.87 | 63.17 |
SeaChange International Quarterly Data | ||||||||||||||||||||
Jul18 | Oct18 | Jan19 | Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | |
Gross Margin % | Get a 7-Day Free Trial | 47.90 | 64.98 | 62.20 | 72.78 | 59.40 |
For the Software - Application subindustry, SeaChange International'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.
For the Software industry and Technology sector, SeaChange International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SeaChange International's Gross Margin % falls into.
Gross Margin is the percentage of Gross Profit out of sales or Revenue.
SeaChange International's Gross Margin for the fiscal year that ended in Jan. 2023 is calculated as
Gross Margin % (A: Jan. 2023 ) | = | Gross Profit (A: Jan. 2023 ) | / | Revenue (A: Jan. 2023 ) |
= | 20.5 | / | 32.493 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (32.493 - 11.966) | / | 32.493 | |
= | 63.17 % |
SeaChange International's Gross Margin for the quarter that ended in Apr. 2023 is calculated as
Gross Margin % (Q: Apr. 2023 ) | = | Gross Profit (Q: Apr. 2023 ) | / | Revenue (Q: Apr. 2023 ) |
= | 4.2 | / | 6.992 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (6.992 - 2.839) | / | 6.992 | |
= | 59.40 % |
* 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.
SeaChange International (OTCPK:SEAC) 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
SeaChange International had a gross margin of 59.40% for the quarter that ended in Apr. 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.
Thank you for viewing the detailed overview of SeaChange International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Karen Singer | 10 percent owner | 212 VACCARO DRIVE, CRESSKILL NJ 07626 |
Christoph Klimmer | officer: President | 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115 |
Mark Paul Szynkowski | officer: SVP, CFO and Treasurer | 44 LAKEVIEW DRIVE, MONROE NY 10950 |
Igor Volshteyn | director | 6470 EAST JOHNS CROSSING, DULUTH GA 30097 |
Kathleen Mosher | officer: Chief Financial Officer | C/O SEACHANGE INTERNATIONAL, INC., 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115 |
Peter D Aquino | director, officer: President and C.E.O. | MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069 |
Michael Prinn | officer: Chief Financial Officer | C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801 |
Steven G Singer | director | 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024 |
Robert M Pons | director | 439 WILLIAMSON ROAD, GLADWYNE PA 19035 |
David J Nicol | director | 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112 |
Matthew Stecker | director | 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010 |
Marek Kielczewski | officer: Chief Technology Officer | 50 NAGOG PARK, ACTON MA 01720 |
Yosef Aloni | officer: Chief Commercial Officer | 50 NAGOG PARK, ACTON MA 01720 |
Julian D. Singer | director | 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024 |
Chad A. Hassler | officer: Chief Commercial Officer | 50 NAGOG PARK, ACTON MA 01720 |
From GuruFocus
By PurpleRose PurpleRose • 07-14-2022
By PurpleRose PurpleRose • 08-17-2022
By GuruFocusNews GuruFocusNews • 06-24-2022
By PurpleRose PurpleRose • 07-14-2022
By Value_Insider Value_Insider • 11-29-2022
By GuruFocusNews GuruFocusNews • 04-13-2022
By GlobeNewswire • 08-16-2023
By Stock market mentor Stock market mentor • 01-04-2023
By GuruFocusNews GuruFocusNews • 06-14-2022
By GuruFocusNews GuruFocusNews • 07-04-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.