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AtlasClear Holdings (AtlasClear Holdings) Gross Margin % : 16.89% (As of Jun. 2023)


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What is AtlasClear Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AtlasClear Holdings's Gross Profit for the six months ended in Jun. 2023 was $1.54 Mil. AtlasClear Holdings's Revenue for the six months ended in Jun. 2023 was $9.09 Mil. Therefore, AtlasClear Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 16.89%.


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


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

AtlasClear Holdings had a gross margin of 16.89% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

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


AtlasClear Holdings Gross Margin % Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Gross Margin % Chart

AtlasClear Holdings Annual Data
Trend Jun22
Gross Margin %
27.02

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Gross Margin % 27.02 16.89

Competitive Comparison of AtlasClear Holdings's Gross Margin %

For the Software - Infrastructure subindustry, AtlasClear Holdings'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.


AtlasClear Holdings's Gross Margin % Distribution in the Software Industry

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

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



AtlasClear Holdings Gross Margin % Calculation

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

AtlasClear Holdings's Gross Margin for the fiscal year that ended in Jun. 2022 is calculated as

Gross Margin % (A: Jun. 2022 )=Gross Profit (A: Jun. 2022 ) / Revenue (A: Jun. 2022 )
=3.6 / 13.311
=(Revenue - Cost of Goods Sold) / Revenue
=(13.311 - 9.714) / 13.311
=27.02 %

AtlasClear Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=1.5 / 9.089
=(Revenue - Cost of Goods Sold) / Revenue
=(9.089 - 7.554) / 9.089
=16.89 %

* 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.


AtlasClear Holdings  (AMEX:ATCH) 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

AtlasClear Holdings had a gross margin of 16.89% for the quarter that ended in Jun. 2023 => 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.


AtlasClear Holdings Gross Margin % Related Terms

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AtlasClear Holdings (AtlasClear Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines