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SPYR Technologies (SPYR Technologies) Gross Margin % : 0.00% (As of Sep. 2022)


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What is SPYR Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SPYR Technologies's Gross Profit for the three months ended in Sep. 2022 was $0.00 Mil. SPYR Technologies's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, SPYR Technologies's Gross Margin % for the quarter that ended in Sep. 2022 was 0.00%.


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


SPYR's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.76
* Ranked among companies with meaningful Gross Margin % only.

SPYR Technologies had a gross margin of 0.00% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage

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


SPYR Technologies Gross Margin % Historical Data

The historical data trend for SPYR 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.

SPYR Technologies Gross Margin % Chart

SPYR Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -2,950.00

SPYR Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - -5,800.00 - - -

Competitive Comparison of SPYR Technologies's Gross Margin %

For the Software - Infrastructure subindustry, SPYR 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.


SPYR Technologies's Gross Margin % Distribution in the Software Industry

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

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



SPYR Technologies Gross Margin % Calculation

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

SPYR Technologies's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=-0.1 / 0.002
=(Revenue - Cost of Goods Sold) / Revenue
=(0.002 - 0.061) / 0.002
=-2,950.00 %

SPYR Technologies's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0 / 0.001
=(Revenue - Cost of Goods Sold) / Revenue
=(0.001 - 0.001) / 0.001
=0.00 %

* 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.


SPYR Technologies  (OTCPK:SPYR) 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

SPYR Technologies had a gross margin of 0.00% for the quarter that ended in Sep. 2022 => No sustainable 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.


SPYR Technologies Gross Margin % Related Terms

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SPYR Technologies (SPYR Technologies) Business Description

Traded in Other Exchanges
N/A
Address
6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382
SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.
Executives
Timothy Matula director, officer: CEO 175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander director 4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless officer: CFO 4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra officer: Executive Vice President 8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson officer: President & CEO 8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112