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Banzai International (Banzai International) Gross Margin % : 70.20% (As of Dec. 2023)


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What is Banzai International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Banzai International's Gross Profit for the six months ended in Dec. 2023 was $1.54 Mil. Banzai International's Revenue for the six months ended in Dec. 2023 was $2.19 Mil. Therefore, Banzai International's Gross Margin % for the quarter that ended in Dec. 2023 was 70.20%.


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

BNZI' s Gross Margin % Range Over the Past 10 Years
Min: 60.21   Med: 63.3   Max: 68.34
Current: 68.34


During the past 3 years, the highest Gross Margin % of Banzai International was 68.34%. The lowest was 60.21%. And the median was 63.30%.

BNZI's Gross Margin % is ranked better than
76.39% of 2634 companies
in the Software industry
Industry Median: 41.825 vs BNZI: 68.34

Banzai International had a gross margin of 70.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Banzai International Gross Margin % Historical Data

The historical data trend for Banzai International'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.

Banzai International Gross Margin % Chart

Banzai International Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
60.21 63.30 68.34

Banzai International Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % - 63.39 63.19 66.62 70.20

Competitive Comparison of Banzai International's Gross Margin %

For the Software - Application subindustry, Banzai International'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.


Banzai International's Gross Margin % Distribution in the Software Industry

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

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



Banzai International Gross Margin % Calculation

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

Banzai International'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 )
=3.1 / 4.561
=(Revenue - Cost of Goods Sold) / Revenue
=(4.561 - 1.444) / 4.561
=68.34 %

Banzai International's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.5 / 2.191
=(Revenue - Cost of Goods Sold) / Revenue
=(2.191 - 0.653) / 2.191
=70.20 %

* 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.


Banzai International  (NAS:BNZI) 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

Banzai International had a gross margin of 70.20% for the quarter that ended in Dec. 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.


Banzai International Gross Margin % Related Terms

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Banzai International (Banzai International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
435 Ericksen Avenue NE, Suite 250, Bainbridge Island, WA, USA, 98110
Banzai International Inc is a marketing technology (MarTech) company that produces data-driven marketing and sales solutions for businesses of all sizes. Its mission is to help its customers accomplish their mission by enabling better marketing, sales, and customer engagement outcomes. The company sells its products using a recurring subscription license model typical in SaaS businesses. Pricing tiers for its main product, Demio, are based on the number of host-capable users, desired feature sets, and maximum audience size.

Banzai International (Banzai International) Headlines

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