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Mobix Labs (Mobix Labs) Gross Margin % : 16.86% (As of Mar. 2024)


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What is Mobix Labs Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mobix Labs's Gross Profit for the three months ended in Mar. 2024 was $0.19 Mil. Mobix Labs's Revenue for the three months ended in Mar. 2024 was $1.15 Mil. Therefore, Mobix Labs's Gross Margin % for the quarter that ended in Mar. 2024 was 16.86%.


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

MOBX' s Gross Margin % Range Over the Past 10 Years
Min: -32.35   Med: 13.81   Max: 31.72
Current: 10.42

During the past 3 years, the highest Gross Margin % of Mobix Labs was 31.72%. The lowest was -32.35%. And the median was 13.81%.

MOBX's Gross Margin % is ranked worse than
85.23% of 975 companies
in the Semiconductors industry
Industry Median: 28.8 vs MOBX: 10.42

Mobix Labs had a gross margin of 16.86% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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

Mobix Labs Gross Margin % Historical Data

The historical data trend for Mobix Labs'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.

Mobix Labs Gross Margin % Chart

Mobix Labs Annual Data
Trend Sep21 Sep22 Sep23
Gross Margin %
31.72 13.81 -32.35

Mobix Labs Quarterly Data
Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only -2.21 -553.13 - -15.44 16.86

Competitive Comparison of Mobix Labs's Gross Margin %

For the Semiconductors subindustry, Mobix Labs'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.

Mobix Labs's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mobix Labs's Gross Margin % distribution charts can be found below:

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


Mobix Labs Gross Margin % Calculation

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

Mobix Labs'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 )
=-0.4 / 1.224
=(Revenue - Cost of Goods Sold) / Revenue
=(1.224 - 1.62) / 1.224
=-32.35 %

Mobix Labs's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.2 / 1.145
=(Revenue - Cost of Goods Sold) / Revenue
=(1.145 - 0.952) / 1.145
=16.86 %

* 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.

Mobix Labs  (NAS:MOBX) 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

Mobix Labs had a gross margin of 16.86% for the quarter that ended in Mar. 2024 => 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.

Mobix Labs Gross Margin % Related Terms

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Mobix Labs (Mobix Labs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mobix Labs Inc (NAS:MOBX) » Definitions » Gross Margin %
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Traded in Other Exchanges
N/A
Address
15420 Laguna Canyon Road, Irvine, CA, USA, 92618
Website
https://www.mobixlabs.com
Mobix Labs Inc is a fabless semiconductor company developing disruptive next generation wireless and connected solutions that are designed to cater to a broad range of applications in markets including 5G infrastructure, satellite communications, automotive, consumer electronics, e-mobility, healthcare, infrastructure and defense.