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artec technologies AG (XTER:A6T) Gross Margin % : 94.06% (As of Jun. 2024)


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What is artec technologies AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. artec technologies AG's Gross Profit for the six months ended in Jun. 2024 was €0.98 Mil. artec technologies AG's Revenue for the six months ended in Jun. 2024 was €1.04 Mil. Therefore, artec technologies AG's Gross Margin % for the quarter that ended in Jun. 2024 was 94.06%.

Warning Sign:

artec technologies AG gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

XTER:A6T' s Gross Margin % Range Over the Past 10 Years
Min: 78.21   Med: 81.47   Max: 97.33
Current: 78.82


During the past 13 years, the highest Gross Margin % of artec technologies AG was 97.33%. The lowest was 78.21%. And the median was 81.47%.

XTER:A6T's Gross Margin % is ranked better than
98.56% of 2424 companies
in the Hardware industry
Industry Median: 24.645 vs XTER:A6T: 78.82

artec technologies AG had a gross margin of 94.06% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for artec technologies AG was -2.20% per year.


artec technologies AG Gross Margin % Historical Data

The historical data trend for artec technologies AG'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.

artec technologies AG Gross Margin % Chart

artec technologies AG 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 94.53 78.21 79.18 80.67 78.84

artec technologies AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 77.55 85.63 83.91 75.48 94.06

Competitive Comparison of artec technologies AG's Gross Margin %

For the Consumer Electronics subindustry, artec technologies AG'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.


artec technologies AG's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where artec technologies AG's Gross Margin % falls into.



artec technologies AG Gross Margin % Calculation

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

artec technologies AG'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 )
=2.4 / 2.987
=(Revenue - Cost of Goods Sold) / Revenue
=(2.987 - 0.632) / 2.987
=78.84 %

artec technologies AG's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1 / 1.044
=(Revenue - Cost of Goods Sold) / Revenue
=(1.044 - 0.062) / 1.044
=94.06 %

* 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.


artec technologies AG  (XTER:A6T) 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

artec technologies AG had a gross margin of 94.06% for the quarter that ended in Jun. 2024 => 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.


artec technologies AG Gross Margin % Related Terms

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artec technologies AG Business Description

Traded in Other Exchanges
Address
Muehlenstrasse 15-18, Diepholz, DEU, 49356
artec technologies AG develops and produces products and system solutions for the transmission, recording, and playback of video, TV, and metadata through network and internet. The company offers products and solutions such as Multieye, it is used for simple and complex video surveillance and security systems, and Xentaurix is used for the transmission, recording, and playback of TV, video and radio broadcasts through networks and internet such as proof of broadcasting and broadcasting as online VCR.

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