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Integrated Media Technology (Integrated Media Technology) Gross Margin % : 25.66% (As of Jun. 2023)


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What is Integrated Media Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Integrated Media Technology's Gross Profit for the six months ended in Jun. 2023 was $0.08 Mil. Integrated Media Technology's Revenue for the six months ended in Jun. 2023 was $0.30 Mil. Therefore, Integrated Media Technology's Gross Margin % for the quarter that ended in Jun. 2023 was 25.66%.


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

IMTE' s Gross Margin % Range Over the Past 10 Years
Min: -30.45   Med: 37.79   Max: 85.45
Current: -4.68


During the past 10 years, the highest Gross Margin % of Integrated Media Technology was 85.45%. The lowest was -30.45%. And the median was 37.79%.

IMTE's Gross Margin % is ranked worse than
97.41% of 2437 companies
in the Hardware industry
Industry Median: 24.47 vs IMTE: -4.68

Integrated Media Technology had a gross margin of 25.66% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Integrated Media Technology was 0.00% per year.


Integrated Media Technology Gross Margin % Historical Data

The historical data trend for Integrated Media Technology'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.

Integrated Media Technology Gross Margin % Chart

Integrated Media Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.34 20.94 24.83 22.86 -30.45

Integrated Media Technology Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only 50.00 22.46 - -30.45 25.66

Competitive Comparison of Integrated Media Technology's Gross Margin %

For the Electronic Components subindustry, Integrated Media Technology'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.


Integrated Media Technology's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Integrated Media Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Integrated Media Technology's Gross Margin % falls into.



Integrated Media Technology Gross Margin % Calculation

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

Integrated Media Technology'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 )
=-0.1 / 0.358
=(Revenue - Cost of Goods Sold) / Revenue
=(0.358 - 0.467) / 0.358
=-30.45 %

Integrated Media Technology'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 )
=0.1 / 0.304
=(Revenue - Cost of Goods Sold) / Revenue
=(0.304 - 0.226) / 0.304
=25.66 %

* 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.


Integrated Media Technology  (NAS:IMTE) 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

Integrated Media Technology had a gross margin of 25.66% for the quarter that ended in Jun. 2023 => Competition eroding margins


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.


Integrated Media Technology Gross Margin % Related Terms

Thank you for viewing the detailed overview of Integrated Media Technology's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Integrated Media Technology (Integrated Media Technology) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pensyarah U1/28, Suite A, Unit 5, Level 3, Lot 4, Glen 9 Business Park, Hicom Glenmarie Industrial Par, Shah Alam, SGR, MYS, 40150
Integrated Media Technology Ltd is engaged in the development, sale, and distribution of autostereoscopic 3D display, 3D conversion equipment, and software, development, and sale of 3D autostereoscopic technology, and the provision of 3D consultancy services. It operates through the following segments: the development, sale and distribution of autostereoscopic 3D displays, conversion equipment, software and technology solutions, and others, Sales of air-filter products, provision of consultancy services, and Sales of Halal products.
Executives
Marvel Finance Ltd 10 percent owner 7/F., SIU ON CENTER., 188 LOCKHART ROAD,, WAN CHAI K3 00000
Lee Ying Chiu Herbert director, 10 percent owner, officer: President and CEO 15/F., SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 0000
Nextglass Technologies Corp. 10 percent owner 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLES CA 90210
Jeonggeun Kim 10 percent owner 101-1402HO, SOSABEOL PURUGIO APT, 970 VISION-DONG, PYEONGTAEK-SI M5 17847
Cimb Ltd 10 percent owner SUITE1814, 18/F FO TAN INDUSTRIAL CENTER, 26-28 AU PUI WAN STREET, FOTAN, NT K3 00000
Heming Cui director 13/F, TOWER 2, BELCHER, NO. 89 POK FU LAM ROAD, HONG KONG K3 00000
Ho Cecil Te Hwai officer: CFO & Company Secretary 7/F, SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 00000
Lawrence Chen director UNIT 10, 18 JESSIE STREET, WESTMEAD SYDNEY C3 2145
Michael Wuhua Zhang director 7/F, SIU ON CENTER, 188 LOCKHART ROAD, WANCHAI K3 00000
Unerkov Con director PO BOX 1171, NORTH ADELAIDE SA C3 5006
George Yatzis officer: Company Secretary GPO BOX 2018, ADELAIDE C3 5001
Chang Yuen Chan director 7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Ingram Wilton Timothy Carr director 7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Man Chung Chan director ROOM 2404, KING YAN HOUSE, KING NGA COURT, TAIPO K3 00000

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