Totm Technologies (SGX:42F) Gross Margin % : 87.53% (As of Nov. 2023)

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What is Totm Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Totm Technologies's Gross Profit for the six months ended in Nov. 2023 was S$2.91 Mil. Totm Technologies's Revenue for the six months ended in Nov. 2023 was S$3.33 Mil. Therefore, Totm Technologies's Gross Margin % for the quarter that ended in Nov. 2023 was 87.53%.

Warning Sign:

Totm Technologies Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.9%.

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

SGX:42F' s Gross Margin % Range Over the Past 10 Years
Min: 23.7 Med: 38.8 Max: 87.99
Current: 86.78

During the past 9 years, the highest Gross Margin % of Totm Technologies was 87.99%. The lowest was 23.70%. And the median was 38.80%.

SGX:42F's Gross Margin % is ranked better than
92.11% of 2635 companies
in the Software industry
Industry Median: 41.84 vs SGX:42F: 86.78

Totm Technologies had a gross margin of 87.53% for the quarter that ended in Nov. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Totm Technologies was -11.90% per year.

Totm Technologies Gross Margin % Historical Data

The historical data trend for Totm 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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Totm Technologies Gross Margin % Chart

Totm Technologies Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Gross Margin %

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64.40

63.23

87.99

38.80

31.83

Totm Technologies Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Gross Margin %	Get a 7-Day Free Trial														32.36	55.22	24.12	85.76	87.53

Competitive Comparison of Totm Technologies's Gross Margin %

For the Software - Infrastructure subindustry, Totm 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.

Totm Technologies's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Totm Technologies's Gross Margin % distribution charts can be found below:

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

Totm Technologies Gross Margin % Calculation

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

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

Gross Margin % (A: May. 2023 )	=	Gross Profit (A: May. 2023 )	/	Revenue (A: May. 2023 )
	=	6.2	/	19.367
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19.367 - 13.203)	/	19.367
	=	31.83 %

Totm Technologies's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )	=	Gross Profit (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	2.9	/	3.328
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.328 - 0.415)	/	3.328
	=	87.53 %

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.

Totm Technologies (SGX:42F) 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

Totm Technologies had a gross margin of 87.53% for the quarter that ended in Nov. 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.

Totm Technologies Gross Margin % Related Terms

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Totm Technologies (SGX:42F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Totm Technologies Ltd (SGX:42F) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 Scotts Road, No. 02-03/04 Goldbell Towers, Singapore, SGP, 228233

Website

https://www.totmtechnologies.com

Totm Technologies Ltd is a regional integrated solutions and services provider in identity management and biometric technology. Its Identity Management and Biometrics business unit serve mainly ministries and government agencies, such as Indonesia's national identity database of approximately millions of enrolled citizens. Its platforms are based on core, multimodal technologies, such as the face, finger, and iris biometrics. The company operates in Singapore and Indonesia and it generates a majority of revenue from Singapore.

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