Supernova Digital Assets (AQSE:SOL) Gross Margin % : 0.00% (As of Oct. 2023)

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What is Supernova Digital Assets Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Supernova Digital Assets's Gross Profit for the six months ended in Oct. 2023 was £-3.91 Mil. Supernova Digital Assets's Revenue for the six months ended in Oct. 2023 was £-3.91 Mil. Therefore, Supernova Digital Assets's Gross Margin % for the quarter that ended in Oct. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

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

AQSE:SOL' s Gross Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 103.19
Current: 103.19

During the past 4 years, the highest Gross Margin % of Supernova Digital Assets was 103.19%. The lowest was 0.00%. And the median was 0.00%.

AQSE:SOL's Gross Margin % is ranked better than
96.97% of 528 companies
in the Asset Management industry
Industry Median: 51.56 vs AQSE:SOL: 103.19

Supernova Digital Assets had a gross margin of N/A% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Supernova Digital Assets was 0.00% per year.

Supernova Digital Assets Gross Margin % Historical Data

The historical data trend for Supernova Digital Assets'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.

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Supernova Digital Assets Gross Margin % Chart

Supernova Digital Assets Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Gross Margin %

Supernova Digital Assets Semi-Annual Data
	Oct20	Oct21	Apr22	Oct22	Apr23	Oct23
Gross Margin %	Get a 7-Day Free Trial			-	-45.85	-56.68	-14.15	-

Competitive Comparison of Supernova Digital Assets's Gross Margin %

For the Asset Management subindustry, Supernova Digital Assets'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.

Supernova Digital Assets's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Supernova Digital Assets's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Supernova Digital Assets's Gross Margin % falls into.

Supernova Digital Assets Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Supernova Digital Assets's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )	=	Gross Profit (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	-3.8	/	-3.799
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(-3.799 - 0)	/	-3.799
	=	N/A %

Supernova Digital Assets's Gross Margin for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )	=	Gross Profit (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	-3.9	/	-3.905
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(-3.905 - 0)	/	-3.905
	=	N/A %

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.

Supernova Digital Assets (AQSE:SOL) 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

Supernova Digital Assets had a gross margin of N/A% for the quarter that ended in Oct. 2023 => No sustainable 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.

Supernova Digital Assets Gross Margin % Related Terms

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Supernova Digital Assets (AQSE:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Supernova Digital Assets Plc (AQSE:SOL) » Definitions » Gross Margin %

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Traded in Other Exchanges

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Address

16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG

Website

https://www.aqruplc.com

AQRU PLC is an investment company specializing in decentralized finance (DeFi). DeFi is a disruptive technology that uses the blockchain and cryptocurrencies to remove financial intermediaries from transactions creating a more efficient and secure way of providing financial services. Geographically company generates the majority of its revenue from Europe.