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Mawson Infrastructure Group (Mawson Infrastructure Group) Gross Margin % : 34.83% (As of Dec. 2023)


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What is Mawson Infrastructure Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mawson Infrastructure Group's Gross Profit for the three months ended in Dec. 2023 was $4.88 Mil. Mawson Infrastructure Group's Revenue for the three months ended in Dec. 2023 was $14.02 Mil. Therefore, Mawson Infrastructure Group's Gross Margin % for the quarter that ended in Dec. 2023 was 34.83%.


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

MIGI' s Gross Margin % Range Over the Past 10 Years
Min: 29.06   Med: 38.96   Max: 77.42
Current: 34.46


During the past 13 years, the highest Gross Margin % of Mawson Infrastructure Group was 77.42%. The lowest was 29.06%. And the median was 38.96%.

MIGI's Gross Margin % is ranked worse than
62.64% of 605 companies
in the Capital Markets industry
Industry Median: 48.91 vs MIGI: 34.46

Mawson Infrastructure Group had a gross margin of 34.83% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mawson Infrastructure Group was 0.00% per year.


Mawson Infrastructure Group Gross Margin % Historical Data

The historical data trend for Mawson Infrastructure Group'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.

Mawson Infrastructure Group Gross Margin % Chart

Mawson Infrastructure Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 29.06 77.42 43.46 34.46

Mawson Infrastructure Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 59.89 39.02 33.39 31.92 34.83

Competitive Comparison of Mawson Infrastructure Group's Gross Margin %

For the Capital Markets subindustry, Mawson Infrastructure Group'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.


Mawson Infrastructure Group's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mawson Infrastructure Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mawson Infrastructure Group's Gross Margin % falls into.



Mawson Infrastructure Group Gross Margin % Calculation

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

Mawson Infrastructure Group'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 )
=15 / 43.572
=(Revenue - Cost of Goods Sold) / Revenue
=(43.572 - 28.557) / 43.572
=34.46 %

Mawson Infrastructure Group'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 )
=4.9 / 14.017
=(Revenue - Cost of Goods Sold) / Revenue
=(14.017 - 9.135) / 14.017
=34.83 %

* 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.


Mawson Infrastructure Group  (NAS:MIGI) 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

Mawson Infrastructure Group had a gross margin of 34.83% for the quarter that ended in Dec. 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.


Mawson Infrastructure Group Gross Margin % Related Terms

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


Mawson Infrastructure Group (Mawson Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
201 Clark Street, Sharon, PA, USA, 16146
Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns.
Executives
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Michael Forrest Hughes director 21/6A GREENKNOWE AVE, ELIZABETH BAY C3 2011
Ariel Humberto Sivikofsky officer: Principal Accounting Officer 207-209 DERRIBONG DRIVE, CORDEAUX HEIGHTS C3 2526
Nicholas Jeremy Hughes-jones officer: Chief Commercial Officer LEVEL 5, 97 PACIFIC HIGHWAY, NORTH SYDNEY C3 2060
Hetal Majithia officer: Chief Financial Officer 5/44 BAYSWATER ROAD, RUSHCUTTERS BAY C3 2011
James Edward Manning director, 10 percent owner, officer: Chief Executive Officer 301 EDGECLIFF RD, WOOLLAHRA C3 2025
Martin Gregory John Walton director 65 NEERIM ROAD, CASTLE COVE C3 2069
Jonathan Brian Rubini 10 percent owner 2655 MARSTON DRIVE, ANCHORAGE AK 99517
Noam Danenberg officer: Chief Operating Officer 4 BOROCHOV ST, HOD HASHARON L3 4520404
Or Eisenberg officer: Acting CEO, CFO, Treas & Secy. 2 WISSOTZKY ST, TEL AVIV L3 6250204
Liam Daniel Wilson officer: Chief Operating Officer APARTMENT PHE, 100 JANE ST, WEST VILLAGE NY 10014
Rimon Gold Assets Ltd 10 percent owner RAVEN RAVID & CO., 32A HABARZEL ST., TEL AVIV L3 6971047
Mark M Sieczkarek director, officer: Chairman
Michael Belkin director 4 ALONIM ST., GIVATE, SHMUEL L3 54044
Yaakov Zarachia 10 percent owner 10 TZEMACH TZEDEK ST., LOD L3 7132130