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Impel Pharmaceuticals (FRA:84P) Gross Margin % : 55.60% (As of Sep. 2023)


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What is Impel Pharmaceuticals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Impel Pharmaceuticals's Gross Profit for the three months ended in Sep. 2023 was €2.62 Mil. Impel Pharmaceuticals's Revenue for the three months ended in Sep. 2023 was €4.71 Mil. Therefore, Impel Pharmaceuticals's Gross Margin % for the quarter that ended in Sep. 2023 was 55.60%.


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

FRA:84P' s Gross Margin % Range Over the Past 10 Years
Min: -3.44   Med: 22.61   Max: 52.58
Current: 52.58


During the past 4 years, the highest Gross Margin % of Impel Pharmaceuticals was 52.58%. The lowest was -3.44%. And the median was 22.61%.

FRA:84P's Gross Margin % is ranked worse than
58% of 750 companies
in the Biotechnology industry
Industry Median: 60.88 vs FRA:84P: 52.58

Impel Pharmaceuticals had a gross margin of 55.60% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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


Impel Pharmaceuticals Gross Margin % Historical Data

The historical data trend for Impel Pharmaceuticals'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.

Impel Pharmaceuticals Gross Margin % Chart

Impel Pharmaceuticals Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Margin %
- - -3.38 48.66

Impel Pharmaceuticals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 51.08 55.71 47.73 51.09 55.60

Competitive Comparison of Impel Pharmaceuticals's Gross Margin %

For the Biotechnology subindustry, Impel Pharmaceuticals'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.


Impel Pharmaceuticals's Gross Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Impel Pharmaceuticals's Gross Margin % distribution charts can be found below:

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



Impel Pharmaceuticals Gross Margin % Calculation

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

Impel Pharmaceuticals's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=5.8 / 11.943
=(Revenue - Cost of Goods Sold) / Revenue
=(11.943 - 6.131) / 11.943
=48.66 %

Impel Pharmaceuticals'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 )
=2.6 / 4.707
=(Revenue - Cost of Goods Sold) / Revenue
=(4.707 - 2.09) / 4.707
=55.60 %

* 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.


Impel Pharmaceuticals  (FRA:84P) 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

Impel Pharmaceuticals had a gross margin of 55.60% 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.


Impel Pharmaceuticals Gross Margin % Related Terms

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Impel Pharmaceuticals (FRA:84P) Business Description

Traded in Other Exchanges
Address
201 Elliott Avenue West, Suite 260, Seattle, WA, USA, 98119
Impel Pharmaceuticals Inc is a commercial-stage pharmaceutical company focused on utilizing its proprietary technology to develop and commercialize transformative therapies for patients suffering from diseases with high unmet medical needs, with an initial focus on diseases of the central nervous system. The company is developing an approach to drug delivery that administers specific formulations of drugs deep into the vascular-rich upper nasal space, a gateway for therapeutic administration of a versatile range of molecules and formulations.

Impel Pharmaceuticals (FRA:84P) Headlines

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