MTI Wireless Edge (LSE:MWE) Gross Margin % : 32.34% (As of Jun. 2023)

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What is MTI Wireless Edge Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MTI Wireless Edge's Gross Profit for the three months ended in Jun. 2023 was £2.84 Mil. MTI Wireless Edge's Revenue for the three months ended in Jun. 2023 was £8.77 Mil. Therefore, MTI Wireless Edge's Gross Margin % for the quarter that ended in Jun. 2023 was 32.34%.

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

LSE:MWE' s Gross Margin % Range Over the Past 10 Years
Min: 31.26 Med: 32.27 Max: 39.38
Current: 32.09

During the past 13 years, the highest Gross Margin % of MTI Wireless Edge was 39.38%. The lowest was 31.26%. And the median was 32.27%.

LSE:MWE's Gross Margin % is ranked better than
65.44% of 2439 companies
in the Hardware industry
Industry Median: 24.37 vs LSE:MWE: 32.09

MTI Wireless Edge had a gross margin of 32.34% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MTI Wireless Edge was -1.00% per year.

MTI Wireless Edge Gross Margin % Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Gross Margin % Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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31.95

31.98

31.26

31.53

32.15

MTI Wireless Edge Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															31.55	32.51	32.07	32.34	-

Competitive Comparison of MTI Wireless Edge's Gross Margin %

For the Communication Equipment subindustry, MTI Wireless Edge'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.

MTI Wireless Edge's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MTI Wireless Edge's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MTI Wireless Edge's Gross Margin % falls into.

MTI Wireless Edge Gross Margin % Calculation

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

MTI Wireless Edge's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	11.6	/	36.051
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(36.051 - 24.461)	/	36.051
	=	32.15 %

MTI Wireless Edge's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2.8	/	8.767
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8.767 - 5.932)	/	8.767
	=	32.34 %

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.

MTI Wireless Edge (LSE:MWE) 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

MTI Wireless Edge had a gross margin of 32.34% for the quarter that ended in Jun. 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.

MTI Wireless Edge Gross Margin % Related Terms

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MTI Wireless Edge (LSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTI Wireless Edge Ltd (LSE:MWE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.