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Autoscope Technologies (Autoscope Technologies) Gross Margin % : 87.90% (As of Jun. 2023)


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What is Autoscope Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Autoscope Technologies's Gross Profit for the three months ended in Jun. 2023 was $3.53 Mil. Autoscope Technologies's Revenue for the three months ended in Jun. 2023 was $4.02 Mil. Therefore, Autoscope Technologies's Gross Margin % for the quarter that ended in Jun. 2023 was 87.90%.


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

AATC' s Gross Margin % Range Over the Past 10 Years
Min: 71.02   Med: 78.81   Max: 95.29
Current: 95.29


During the past 13 years, the highest Gross Margin % of Autoscope Technologies was 95.29%. The lowest was 71.02%. And the median was 78.81%.

AATC's Gross Margin % is ranked better than
99.39% of 2440 companies
in the Hardware industry
Industry Median: 24.355 vs AATC: 95.29

Autoscope Technologies had a gross margin of 87.90% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Autoscope Technologies was 3.50% per year.


Autoscope Technologies Gross Margin % Historical Data

The historical data trend for Autoscope Technologies'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.

Autoscope Technologies Gross Margin % Chart

Autoscope Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.76 78.86 77.29 91.50 94.45

Autoscope Technologies 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.31 -618.08 80.68 87.90 -

Competitive Comparison of Autoscope Technologies's Gross Margin %

For the Scientific & Technical Instruments subindustry, Autoscope Technologies'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.


Autoscope Technologies's Gross Margin % Distribution in the Hardware Industry

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

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



Autoscope Technologies Gross Margin % Calculation

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

Autoscope Technologies'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 )
=12.4 / 13.133
=(Revenue - Cost of Goods Sold) / Revenue
=(13.133 - 0.729) / 13.133
=94.45 %

Autoscope Technologies'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 )
=3.5 / 4.016
=(Revenue - Cost of Goods Sold) / Revenue
=(4.016 - 0.486) / 4.016
=87.90 %

* 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.


Autoscope Technologies  (OTCPK:AATC) 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

Autoscope Technologies had a gross margin of 87.90% for the quarter that ended in Jun. 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.


Autoscope Technologies Gross Margin % Related Terms

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


Autoscope Technologies (Autoscope Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1115 Hennepin Avenue, Minneapolis, MN, USA, 55403
Autoscope Technologies Corp is engaged in improving safety and efficiency for cities and highways by developing and delivering above-ground detection technology, applications, and solutions. It provides Intelligent Transportation Systems professionals precise and accurate information, including real-time reaction capabilities and in-depth analytics to make confident and proactive decisions.
Executives
Joseph Patrick Daly director 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Brian Vanderbosch director 1600 UNIVERSITY AVE W, SUITE 400, SAINT PAUL MN 55104
James W Bracke director 15411 MASON POINTE, EDEN PRAIRIE MN 55347
Ezekiel Kruglick director 13842 DEERGRASS CT, POWAY CA 92064
Frank Glenn Hallowell officer: CFO 500 SPRUCE TREE CENTRE,, 1600 UNIVERSITY AVENUE WEST, ST. PAUL MN 55104
Theodore Thomas Johnson officer: Interim CFO 500 SPRUCE TREE, 1600 UNIVERSITY AVE. W, ST. PAUL MN 55104
Ab Value Management Llc 10 percent owner 208 LENOX AVE, #409, WESTFIELD NJ 07090
Todd Christoper Slawson officer: Interim CFO 3345 YOSEMITE AVENUE SOUTH, ST. LOUIS PARK MN 55416
Richard A. Ehrich officer: Interim CFO 500 SPRUCE TREE CENTRE, 1600 UNIVERSITY AVE W., ST. PAUL MN 55104
Geoffrey Clark Davis director 8828 CRICK ALY, ORLANDO FL 32827
Chad Stelzig officer: Interim President, Interim CEO 400 SPRUCE TREE CENTRE, 1600 UNIVERSITY AVE W., ST. PAUL MN 55104
Andrew Berger director, 10 percent owner 84 ELM STREET, WESTFIELD NJ 07090
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Kris B Tufto director 2660 CHRISTIAN COURT, CHASKA MN 55318
Melissa B Fisher director 188 E. 64TH STREET, APT. 604, NEW YORK NY 10065