Gross Margin % is calculated as gross profit divided by its revenue. Adamas One's Gross Profit for the
three
months ended in Jun. 2023 was $0.07 Mil. Adamas One's Revenue for the
three
months ended in Jun. 2023 was $0.29 Mil. Therefore, Adamas One's Gross Margin % for the quarter that ended in Jun. 2023 was 25.09%.
The historical rank and industry rank for Adamas One's Gross Margin % or its related term are showing as below:
JEWL'
s Gross Margin % Range Over the Past 10 Years
Min: 64.85 Med: 66.24 Max: 66.24
Current: 64.85
During the past 3 years, the highestGross Margin % of Adamas One was 66.24%. The lowest was 64.85%. And the median was 66.24%.
JEWL's Gross Margin % is ranked better than 90.88% of 1096
companies
in the Retail - Cyclical industry
Industry Median: 36.675
vs JEWL: 64.85
Adamas One had a gross margin of 25.09% for the quarter that ended in Jun. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Adamas One was 0.00% per year.
Adamas One Gross Margin % Historical Data
The historical data trend for Adamas One'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.
Competitive Comparison of Adamas One's Gross Margin %
For the Luxury Goods subindustry, Adamas One'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.
Adamas One's Gross Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Adamas One's Gross Margin % falls into.
* 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.
Adamas One (NAS:JEWL) 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
Adamas One had a gross margin of 25.09% for the quarter that ended in Jun. 2023 => Competition eroding margins
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.
Adamas One Gross Margin % Related Terms
Thank you for viewing the detailed overview of Adamas One's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JEWL has been successfully added to your 