Ultrack Systems (Ultrack Systems) Gross Margin % : 0.00% (As of . 20)

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What is Ultrack Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ultrack Systems's Gross Profit for the three months ended in . 20 was $0.00 Mil. Ultrack Systems's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Ultrack Systems's Gross Margin % for the quarter that ended in . 20 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

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

MJLB's Gross Margin % is not ranked ^*
in the Hardware industry.
Industry Median: 24.465
* Ranked among companies with meaningful Gross Margin % only.

Ultrack Systems had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

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

Ultrack Systems Gross Margin % Historical Data

The historical data trend for Ultrack Systems'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.

Ultrack Systems Gross Margin % Chart

Ultrack Systems Annual Data

Trend

Gross Margin %

Ultrack Systems Quarterly Data

Gross Margin %

Competitive Comparison of Ultrack Systems's Gross Margin %

For the Scientific & Technical Instruments subindustry, Ultrack Systems'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.

Ultrack Systems's Gross Margin % Distribution in the Hardware Industry

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

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

Ultrack Systems Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Ultrack Systems'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 %

Ultrack Systems's Gross Margin for the quarter that ended in . 20 is calculated as

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

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.

Ultrack Systems (OTCPK:MJLB) 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

Ultrack Systems had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable 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.

Ultrack Systems Gross Margin % Related Terms

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Ultrack Systems (Ultrack Systems) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Buttermill Avenue, Concord, ON, CAN, L4K 3X1

Website

https://www.ultrack.ca

Ultrack Systems Inc helps its clients locate, track, and manage their assets using wireless and GPS-based technologies. It provides an accurate and affordable means of tracking moving assets. Its compact trackers and easy-to-use tracking software allow the monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service. Each vehicle outfitted with a unit can be seen from a virtual map platform and managing a fleet of vehicles becomes easy, efficient, and effortless. This tool is useful in determining the quality of the driver behind the wheel and who is an asset or a liability to the company.

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