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Recruiter.Com Group (Recruiter.Com Group) Gross Margin % : -215.25% (As of Dec. 2023)


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What is Recruiter.Com Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Recruiter.Com Group's Gross Profit for the three months ended in Dec. 2023 was $-0.38 Mil. Recruiter.Com Group's Revenue for the three months ended in Dec. 2023 was $0.18 Mil. Therefore, Recruiter.Com Group's Gross Margin % for the quarter that ended in Dec. 2023 was -215.25%.


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

RCRT' s Gross Margin % Range Over the Past 10 Years
Min: 12.73   Med: 27.81   Max: 35.65
Current: 12.73


During the past 13 years, the highest Gross Margin % of Recruiter.Com Group was 35.65%. The lowest was 12.73%. And the median was 27.81%.

RCRT's Gross Margin % is ranked worse than
88.77% of 988 companies
in the Business Services industry
Industry Median: 34.34 vs RCRT: 12.73

Recruiter.Com Group had a gross margin of -215.25% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Recruiter.Com Group Gross Margin % Historical Data

The historical data trend for Recruiter.Com 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.

Recruiter.Com Group Gross Margin % Chart

Recruiter.Com Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.84 27.81 32.79 35.65 14.65

Recruiter.Com 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 20.68 22.38 21.41 -36.96 -215.25

Competitive Comparison of Recruiter.Com Group's Gross Margin %

For the Staffing & Employment Services subindustry, Recruiter.Com 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.


Recruiter.Com Group's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Recruiter.Com Group's Gross Margin % distribution charts can be found below:

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



Recruiter.Com Group Gross Margin % Calculation

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

Recruiter.Com 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 )
=0.5 / 3.188
=(Revenue - Cost of Goods Sold) / Revenue
=(3.188 - 2.721) / 3.188
=14.65 %

Recruiter.Com 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 )
=-0.4 / 0.177
=(Revenue - Cost of Goods Sold) / Revenue
=(0.177 - 0.558) / 0.177
=-215.25 %

* 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.


Recruiter.Com Group  (NAS:RCRT) 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

Recruiter.Com Group had a gross margin of -215.25% for the quarter that ended in Dec. 2023 => No sustainable 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.


Recruiter.Com Group Gross Margin % Related Terms

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


Recruiter.Com Group (Recruiter.Com Group) Business Description

Traded in Other Exchanges
N/A
Address
500 Seventh Avenue, New York, NY, USA, 10018
Recruiter.Com Group Inc is a hiring platform for the network of recruiters. The company empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. The Recruiter.com network of over 28,000 small and independent recruiters utilize a web platform, complete with AI-driven job matching, to recruit talent faster. Its Recruiters On Demand provides businesses of all sizes access to virtual recruiters specialized by vertical industries to source, engage, and hire talent on an as-needed basis.
Executives
Douglas Roth director 54 W 40TH STREET, NEW YORK NY 10018
Miles L Jennings director, officer: CEO 4 OAKLAND STREET, BRISTOL CT 06010
Evan Sohn director, officer: Executive Chairman 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Josh Mcbride officer: SVP, AI Solutions 500 SEVENTH AVENUE, NEW YORK NY 10018
Xuan Smith officer: Chief Technology Officer 500 SEVENTH AVENUE, NEW YORK NY 10018
Wallace D Ruiz director
Judy Krandel officer: Chief Financial Officer 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Robert H Heath director 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Stephen Pemberton director 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607
Deborah Leff director 500 SEVENTH AVENUE, NEW YORK NY 10018
Robert Scherne officer: Interim CFO and Controller 27 ARBOR ROAD, SYOSSET NY 11791
Ricky Don Roberts officer: See Remarks 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Ashley Saddul 10 percent owner, officer: Chief Technology Officer 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Tim O'rourke director 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Elliot M Maza 10 percent owner, officer: CEO and CFO C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142