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Athena Bitcoin Global (Athena Bitcoin Global) COGS-to-Revenue : 0.85 (As of Sep. 2023)


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What is Athena Bitcoin Global COGS-to-Revenue?

Athena Bitcoin Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $55.81 Mil. Its Revenue for the three months ended in Sep. 2023 was $65.65 Mil.

Athena Bitcoin Global's COGS to Revenue for the three months ended in Sep. 2023 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Athena Bitcoin Global's Gross Margin % for the three months ended in Sep. 2023 was 14.98%.


Athena Bitcoin Global COGS-to-Revenue Historical Data

The historical data trend for Athena Bitcoin Global's COGS-to-Revenue 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.

Athena Bitcoin Global COGS-to-Revenue Chart

Athena Bitcoin Global Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Athena Bitcoin Global Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Sep22 Sep23
COGS-to-Revenue 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 - - - 0.81 0.85

Athena Bitcoin Global COGS-to-Revenue Calculation

Athena Bitcoin Global's COGS to Revenue for the fiscal year that ended in Dec. 2013 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=0 / 0
=

Athena Bitcoin Global's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=55.813 / 65.646
=0.85

* 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.


Athena Bitcoin Global  (OTCPK:ABIT) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Athena Bitcoin Global's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 55.813 / 65.646
=14.98 %

* 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 company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.


Athena Bitcoin Global COGS-to-Revenue Related Terms

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Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Traded in Other Exchanges
N/A
Address
1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642
Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

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