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Flywheel Advanced Technology (Flywheel Advanced Technology) Gross Margin % : 33.71% (As of Dec. 2023)


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What is Flywheel Advanced Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Flywheel Advanced Technology's Gross Profit for the three months ended in Dec. 2023 was $0.21 Mil. Flywheel Advanced Technology's Revenue for the three months ended in Dec. 2023 was $0.63 Mil. Therefore, Flywheel Advanced Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 33.71%.


The historical rank and industry rank for Flywheel Advanced Technology's Gross Margin % or its related term are showing as below:

FWFW' s Gross Margin % Range Over the Past 10 Years
Min: 33.56   Med: 33.56   Max: 33.66
Current: 33.66


During the past 8 years, the highest Gross Margin % of Flywheel Advanced Technology was 33.66%. The lowest was 33.56%. And the median was 33.56%.

FWFW's Gross Margin % is ranked worse than
60.46% of 2628 companies
in the Software industry
Industry Median: 41.73 vs FWFW: 33.66

Flywheel Advanced Technology had a gross margin of 33.71% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Flywheel Advanced Technology was 0.00% per year.


Flywheel Advanced Technology Gross Margin % Historical Data

The historical data trend for Flywheel Advanced Technology'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.

Flywheel Advanced Technology Gross Margin % Chart

Flywheel Advanced Technology Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial - - - - 33.56

Flywheel Advanced Technology Quarterly Data
Dec13 Mar14 Jun14 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - -144.44 23.28 48.56 33.71

Competitive Comparison of Flywheel Advanced Technology's Gross Margin %

For the Information Technology Services subindustry, Flywheel Advanced Technology'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.


Flywheel Advanced Technology's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Flywheel Advanced Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Flywheel Advanced Technology's Gross Margin % falls into.



Flywheel Advanced Technology Gross Margin % Calculation

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

Flywheel Advanced Technology's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=0.5 / 1.448
=(Revenue - Cost of Goods Sold) / Revenue
=(1.448 - 0.962) / 1.448
=33.56 %

Flywheel Advanced Technology'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 )
=0.2 / 0.626
=(Revenue - Cost of Goods Sold) / Revenue
=(0.626 - 0.415) / 0.626
=33.71 %

* 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.


Flywheel Advanced Technology  (OTCPK:FWFW) 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

Flywheel Advanced Technology had a gross margin of 33.71% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Flywheel Advanced Technology Gross Margin % Related Terms

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Flywheel Advanced Technology (Flywheel Advanced Technology) Business Description

Traded in Other Exchanges
N/A
Address
123 West Nye Lane, Suite 455, Carson, NV, USA, 89706
Flywheel Advanced Technology Inc is an investment holding company. The company's segments include provision of IoT maintenance and support services, IoT BPO services, and IoT development services in Hong Kong and Australia. It generates maximum revenue from the IoT BPO services segment.

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