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Machten (Machten) Gross Margin % : 65.48% (As of Sep. 2023)


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What is Machten Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Machten's Gross Profit for the three months ended in Sep. 2023 was $2.71 Mil. Machten's Revenue for the three months ended in Sep. 2023 was $4.13 Mil. Therefore, Machten's Gross Margin % for the quarter that ended in Sep. 2023 was 65.48%.


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

MACT' s Gross Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 66.03
Current: 66.03


During the past 0 years, the highest Gross Margin % of Machten was 66.03%. The lowest was 0.00%. And the median was 0.00%.

MACT's Gross Margin % is ranked better than
74.43% of 352 companies
in the Telecommunication Services industry
Industry Median: 49.5 vs MACT: 66.03

Machten had a gross margin of 65.48% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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


Machten Gross Margin % Historical Data

The historical data trend for Machten'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.

Machten Gross Margin % Chart

Machten Annual Data
Trend
Gross Margin %

Machten Quarterly Data
Jun22 Sep22 Jun23 Sep23
Gross Margin % 67.60 65.03 66.60 65.48

Competitive Comparison of Machten's Gross Margin %

For the Telecom Services subindustry, Machten'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.


Machten's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's Gross Margin % distribution charts can be found below:

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



Machten Gross Margin % Calculation

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

Machten's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Machten's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2.7 / 4.131
=(Revenue - Cost of Goods Sold) / Revenue
=(4.131 - 1.426) / 4.131
=65.48 %

* 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.


Machten  (OTCPK:MACT) 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

Machten had a gross margin of 65.48% for the quarter that ended in Sep. 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.


Machten Gross Margin % Related Terms

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


Machten (Machten) Business Description

Traded in Other Exchanges
N/A
Address
1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686
Website
Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore officer: Interim CFO C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller director, officer: Chief Executive Officer C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

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