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Victory Square Technologies (Victory Square Technologies) Gross Margin % : 46.19% (As of Dec. 2023)


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What is Victory Square Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Victory Square Technologies's Gross Profit for the three months ended in Dec. 2023 was $1.15 Mil. Victory Square Technologies's Revenue for the three months ended in Dec. 2023 was $2.48 Mil. Therefore, Victory Square Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 46.19%.


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

VSQTF' s Gross Margin % Range Over the Past 10 Years
Min: -16.63   Med: 40.8   Max: 63.5
Current: 47.05


During the past 9 years, the highest Gross Margin % of Victory Square Technologies was 63.50%. The lowest was -16.63%. And the median was 40.80%.

VSQTF's Gross Margin % is ranked worse than
54.87% of 534 companies
in the Asset Management industry
Industry Median: 52.02 vs VSQTF: 47.05

Victory Square Technologies had a gross margin of 46.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Victory Square Technologies was 1.90% per year.


Victory Square Technologies Gross Margin % Historical Data

The historical data trend for Victory Square 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.

Victory Square Technologies Gross Margin % Chart

Victory Square Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 30.16 36.00 60.93 54.93 45.54

Victory Square Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 56.10 54.68 52.35 43.16 46.19

Competitive Comparison of Victory Square Technologies's Gross Margin %

For the Asset Management subindustry, Victory Square 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.


Victory Square Technologies's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Victory Square Technologies's Gross Margin % distribution charts can be found below:

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



Victory Square Technologies Gross Margin % Calculation

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

Victory Square Technologies's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=4.1 / 8.986
=(Revenue - Cost of Goods Sold) / Revenue
=(8.986 - 4.894) / 8.986
=45.54 %

Victory Square Technologies's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.1 / 2.479
=(Revenue - Cost of Goods Sold) / Revenue
=(2.479 - 1.334) / 2.479
=46.19 %

* 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.


Victory Square Technologies  (OTCPK:VSQTF) 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

Victory Square Technologies had a gross margin of 46.19% for the quarter that ended in Dec. 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.


Victory Square Technologies Gross Margin % Related Terms

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


Victory Square Technologies (Victory Square Technologies) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming.