Helo (HLOC) Gross Margin % : 87.77% (As of Sep. 2023)

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What is Helo Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Helo's Gross Profit for the three months ended in Sep. 2023 was $1.12 Mil. Helo's Revenue for the three months ended in Sep. 2023 was $1.28 Mil. Therefore, Helo's Gross Margin % for the quarter that ended in Sep. 2023 was 87.77%.

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

HLOC' s Gross Margin % Range Over the Past 10 Years
Min: -1.62 Med: 25.61 Max: 127.34
Current: 127.34

During the past 7 years, the highest Gross Margin % of Helo was 127.34%. The lowest was -1.62%. And the median was 25.61%.

HLOC's Gross Margin % is ranked better than
99.71% of 2439 companies
in the Hardware industry
Industry Median: 24.38 vs HLOC: 127.34

Helo had a gross margin of 87.77% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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

Helo Gross Margin % Historical Data

The historical data trend for Helo'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.

Helo Gross Margin % Chart

Helo Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Gross Margin %

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-1.62

25.61

55.11

22.85

Helo Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun22	Sep22	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															-	4.81	81.91	168.89	87.77

Competitive Comparison of Helo's Gross Margin %

For the Consumer Electronics subindustry, Helo'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.

Helo's Gross Margin % Distribution in the Hardware Industry

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

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

Helo Gross Margin % Calculation

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

Helo's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Gross Margin % (A: Dec. 2018 )	=	Gross Profit (A: Dec. 2018 )	/	Revenue (A: Dec. 2018 )
	=	1.2	/	5.032
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.032 - 3.882)	/	5.032
	=	22.85 %

Helo's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1.1	/	1.276
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.276 - 0.156)	/	1.276
	=	87.77 %

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.

Helo (OTCPK:HLOC) 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

Helo had a gross margin of 87.77% for the quarter that ended in Sep. 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.

Helo Gross Margin % Related Terms

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Helo (HLOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Helo Corp (OTCPK:HLOC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Steuart Street, Suite 192750, San Francisco, CA, USA, 94119

Website

https://www.helocorp.com

Helo Corp is a life-sensing technology company. The company designs, manufactures and sells connected, next-generation, wearable devices, and mobile products. It designs and sells its own range of integrated mobile technology products such as SPACE Wireless smartphones and Helo smart bands. These products are manufactured by third-party factories in China. It also provides mobile telecom services to consumers through exclusive sales agreements with regional third-party distributors across the world.