BMIT Technologies (MAL:BMIT) COGS-to-Revenue : 0.55 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is BMIT Technologies COGS-to-Revenue?

BMIT Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was €7.61 Mil. Its Revenue for the six months ended in Dec. 2023 was €13.83 Mil.

BMIT Technologies's COGS to Revenue for the six months ended in Dec. 2023 was 0.55.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. BMIT Technologies's Gross Margin % for the six months ended in Dec. 2023 was 44.94%.

BMIT Technologies COGS-to-Revenue Historical Data

The historical data trend for BMIT Technologies's COGS-to-Revenue 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.

BMIT Technologies COGS-to-Revenue Chart

BMIT Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.51

0.53

0.57

BMIT Technologies Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							0.53	0.52	0.54	0.59	0.55

BMIT Technologies COGS-to-Revenue Calculation

BMIT Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16.326	/	28.666
	=	0.57

BMIT Technologies's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.614	/	13.829
	=	0.55

BMIT Technologies (MAL:BMIT) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

BMIT Technologies's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7.614 / 13.829
	=	44.94 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

BMIT Technologies COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of BMIT Technologies's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

BMIT Technologies (MAL:BMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BMIT Technologies PLC (MAL:BMIT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building SCM 02, Level 2, SmartCity Ricasoli, SCM, Kalkara, MLT, 1001

Website

https://www.bmit.com.mt

BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.

BMIT Technologies (MAL:BMIT) Headlines

No Headlines