Amfil Technologies (Amfil Technologies) Gross Margin % : 74.75% (As of Jun. 2023)

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What is Amfil Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Amfil Technologies's Gross Profit for the six months ended in Jun. 2023 was $6.73 Mil. Amfil Technologies's Revenue for the six months ended in Jun. 2023 was $9.01 Mil. Therefore, Amfil Technologies's Gross Margin % for the quarter that ended in Jun. 2023 was 74.75%.

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

FUNN' s Gross Margin % Range Over the Past 10 Years
Min: -4.91 Med: 48.83 Max: 74.75
Current: 74.75

During the past 13 years, the highest Gross Margin % of Amfil Technologies was 74.75%. The lowest was -4.91%. And the median was 48.83%.

FUNN's Gross Margin % is ranked better than
94.37% of 480 companies
in the Conglomerates industry
Industry Median: 25.035 vs FUNN: 74.75

Amfil Technologies had a gross margin of 74.75% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Amfil Technologies was 13.80% per year.

Amfil Technologies Gross Margin % Historical Data

The historical data trend for Amfil 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.

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Amfil Technologies Gross Margin % Chart

Amfil Technologies Annual Data

Trend

Jun03

Jun04

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun22

Jun23

Gross Margin %

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56.63

35.68

48.83

69.63

74.75

Amfil Technologies Semi-Annual Data
	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun22	Jun23
Gross Margin %	Get a 7-Day Free Trial									56.63	35.68	48.83	69.63	74.75

Competitive Comparison of Amfil Technologies's Gross Margin %

For the Conglomerates subindustry, Amfil 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.

Amfil Technologies's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Amfil Technologies's Gross Margin % distribution charts can be found below:

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

Amfil Technologies Gross Margin % Calculation

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

Amfil Technologies's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	6.7	/	9.009
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.009 - 2.275)	/	9.009
	=	74.75 %

Amfil Technologies'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 )
	=	6.7	/	9.009
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.009 - 2.275)	/	9.009
	=	74.75 %

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.

Amfil Technologies (OTCPK:FUNN) 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

Amfil Technologies had a gross margin of 74.75% for the quarter that ended in Jun. 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.

Amfil Technologies Gross Margin % Related Terms

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Amfil Technologies (Amfil Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Amfil Technologies Inc (OTCPK:FUNN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Bloor St W, Toronto, ON, CAN, M6G 1K4

Website

https://www.amfiltech.com

Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.

Executives

Roger Francis Mortimer

director, 10 percent owner, officer: President

220 HIGHWAY 7, LOCUST HILL A6 L0H1J0