Feedback (LSE:FDBK) Gross Margin % : 91.76% (As of Nov. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Feedback Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Feedback's Gross Profit for the six months ended in Nov. 2023 was £0.40 Mil. Feedback's Revenue for the six months ended in Nov. 2023 was £0.44 Mil. Therefore, Feedback's Gross Margin % for the quarter that ended in Nov. 2023 was 91.76%.

Warning Sign:

Feedback PLC gross margin has been in long-term decline. The average rate of decline per year is -2.5%.

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

LSE:FDBK' s Gross Margin % Range Over the Past 10 Years
Min: 83.02 Med: 97.64 Max: 99.74
Current: 90.63

During the past 13 years, the highest Gross Margin % of Feedback was 99.74%. The lowest was 83.02%. And the median was 97.64%.

LSE:FDBK's Gross Margin % is ranked better than
94.09% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.74 vs LSE:FDBK: 90.63

Feedback had a gross margin of 91.76% for the quarter that ended in Nov. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Feedback was -2.50% per year.

Feedback Gross Margin % Historical Data

The historical data trend for Feedback'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.

Feedback Gross Margin % Chart

Feedback Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Gross Margin %

Get a 7-Day Free Trial

99.11

99.56

91.29

83.02

91.80

Feedback Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Gross Margin %	Get a 7-Day Free Trial															66.48	90.24	93.58	89.53	91.76

Competitive Comparison of Feedback's Gross Margin %

For the Health Information Services subindustry, Feedback'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.

Feedback's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Feedback's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Feedback's Gross Margin % falls into.

Feedback Gross Margin % Calculation

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

Feedback's Gross Margin for the fiscal year that ended in May. 2023 is calculated as

Gross Margin % (A: May. 2023 )	=	Gross Profit (A: May. 2023 )	/	Revenue (A: May. 2023 )
	=	0.9	/	1.025
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.025 - 0.084)	/	1.025
	=	91.80 %

Feedback's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )	=	Gross Profit (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	0.4	/	0.437
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.437 - 0.036)	/	0.437
	=	91.76 %

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.

Feedback (LSE:FDBK) 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

Feedback had a gross margin of 91.76% for the quarter that ended in Nov. 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.

Feedback Gross Margin % Related Terms

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

Feedback (LSE:FDBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Feedback PLC (LSE:FDBK) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

GZM0:Germany

Address

3-7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT

Website

https://www.fbkmed.com

Feedback PLC is a medical imaging software and tools company. It develops and markets imaging tools and software for clinical decision-making and also techniques and improved workflow for medical practitioners engaged in research and in treating patients. The company also entered into a joint venture for future clinical application of its products on patients with kidney stones and it has a medical imaging segment.

Feedback (LSE:FDBK) Headlines

No Headlines