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Comtex News Network (Comtex News Network) Gross Margin % : 60.28% (As of Mar. 2010)


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What is Comtex News Network Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Comtex News Network's Gross Profit for the three months ended in Mar. 2010 was $1.15 Mil. Comtex News Network's Revenue for the three months ended in Mar. 2010 was $1.90 Mil. Therefore, Comtex News Network's Gross Margin % for the quarter that ended in Mar. 2010 was 60.28%.


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


CMTX's Gross Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 38.395
* Ranked among companies with meaningful Gross Margin % only.

Comtex News Network had a gross margin of 60.28% for the quarter that ended in Mar. 2010 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Comtex News Network was 0.00% per year.


Comtex News Network Gross Margin % Historical Data

The historical data trend for Comtex News Network'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.

Comtex News Network Gross Margin % Chart

Comtex News Network Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.63 52.12 56.74 63.08 64.18

Comtex News Network Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 59.32 64.60 63.60 58.98 60.28

Competitive Comparison of Comtex News Network's Gross Margin %

For the Publishing subindustry, Comtex News Network'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.


Comtex News Network's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Comtex News Network's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Comtex News Network's Gross Margin % falls into.



Comtex News Network Gross Margin % Calculation

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

Comtex News Network's Gross Margin for the fiscal year that ended in Jun. 2009 is calculated as

Gross Margin % (A: Jun. 2009 )=Gross Profit (A: Jun. 2009 ) / Revenue (A: Jun. 2009 )
=4.1 / 6.402
=(Revenue - Cost of Goods Sold) / Revenue
=(6.402 - 2.293) / 6.402
=64.18 %

Comtex News Network's Gross Margin for the quarter that ended in Mar. 2010 is calculated as


Gross Margin % (Q: Mar. 2010 )=Gross Profit (Q: Mar. 2010 ) / Revenue (Q: Mar. 2010 )
=1.1 / 1.901
=(Revenue - Cost of Goods Sold) / Revenue
=(1.901 - 0.755) / 1.901
=60.28 %

* 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.


Comtex News Network  (OTCPK:CMTX) 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

Comtex News Network had a gross margin of 60.28% for the quarter that ended in Mar. 2010 => 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.


Comtex News Network Gross Margin % Related Terms

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Comtex News Network (Comtex News Network) Business Description

Traded in Other Exchanges
N/A
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.
Executives
Chip Brian officer: President and COO 625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp 10 percent owner 25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly director, officer: Interim C.E.O. 625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

Comtex News Network (Comtex News Network) Headlines

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