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DSGT (DSG Global) Gross Margin % : 61.12% (As of Jun. 2023)


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What is DSG Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. DSG Global's Gross Profit for the three months ended in Jun. 2023 was $0.62 Mil. DSG Global's Revenue for the three months ended in Jun. 2023 was $1.02 Mil. Therefore, DSG Global's Gross Margin % for the quarter that ended in Jun. 2023 was 61.12%.


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


DSGT's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.74
* Ranked among companies with meaningful Gross Margin % only.

DSG Global had a gross margin of 61.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage

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


DSG Global Gross Margin % Historical Data

The historical data trend for DSG Global'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.

DSG Global Gross Margin % Chart

DSG Global Annual Data
Trend Sep13 Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.01 32.24 54.56 46.92 45.67

DSG Global Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 30.64 33.17 135.17 49.83 61.12

Competitive Comparison of DSG Global's Gross Margin %

For the Scientific & Technical Instruments subindustry, DSG Global'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.


DSG Global's Gross Margin % Distribution in the Hardware Industry

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

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



DSG Global Gross Margin % Calculation

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

DSG Global's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1.8 / 3.834
=(Revenue - Cost of Goods Sold) / Revenue
=(3.834 - 2.083) / 3.834
=45.67 %

DSG Global'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 )
=0.6 / 1.016
=(Revenue - Cost of Goods Sold) / Revenue
=(1.016 - 0.395) / 1.016
=61.12 %

* 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.


DSG Global  (OTCPK:DSGT) 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

DSG Global had a gross margin of 61.12% 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.


DSG Global Gross Margin % Related Terms

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


DSG Global Business Description

Traded in Other Exchanges
N/A
Address
207 - 15272 Croydon Drive, Surrey, BC, CAN, V3Z 0Z5
DSG Global Inc is a technology company that provides designing, manufacturing, and marketing of fleet management solutions for the golf industry, commercial, government, and military applications. The principal activities are the sale and rental of GPS tracking devices and interfaces for golf vehicles and support activities. Its products developed by the company can be sold and installed in golf facilities and also for commercial applications. The products include TAG Golf which can be used to monitor the pace of play, security, geo-fencing, TAG Turf which is used for fleet management and security capabilities. Other products include DSG TAG, ECO TAG, TAG Text, TAG Touch, TAG commercial, and TAG military.
Executives
Stephanie Deann Ragan 10 percent owner 1437 EAST 33RD AVE,, HOBART IN 46342
Keith Earl Simmons other: Individual Investor 2855 PANHANDLE DRIVE, GRAPEVINE TX 76051
Kenneth Ingram Marsh director C/O DSG GLOBAL INC., SUITE 214-5455 152 STREET, SURREY A1 V3S 5A5
Jason Sugarman director C/O THE TOPAZ GROUP INC, 126/1 KRUNGTHONBURL ROAD, BANGKOK THAILAND W1 00000
James B Singerling director 214-5455 152ND STREET, SURREY A1 V3S 5A5
Rupert Wainwright director 214-5455 152ND STREET, SURREY A1 V3S 5A5
Keith Bryan Westergaard director, 10 percent owner 214-5455 152ND STREET, SURREY A1 V3S 5A5
Stephen Allen Johnston director 214-5455 152ND STREET, SURREY A1 V3S 5A5
Westergaard Holdings Ltd 10 percent owner 214-5455 152ND STREET, SURREY A1 V3S 5A5
Silzer Robert C Sr director, 10 percent owner, officer: Chief Executive Officer C/O DSG GLOBAL INC, 214-5455 152ND STREET, SURREY A1 V3S 5A5

DSG Global Headlines

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