Starbox Group Holdings (Starbox Group Holdings) Gross Margin % : 88.92% (As of Sep. 2023)

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What is Starbox Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Starbox Group Holdings's Gross Profit for the six months ended in Sep. 2023 was $6.91 Mil. Starbox Group Holdings's Revenue for the six months ended in Sep. 2023 was $7.77 Mil. Therefore, Starbox Group Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 88.92%.

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

STBX' s Gross Margin % Range Over the Past 10 Years
Min: 32.47 Med: 95.79 Max: 99.37
Current: 92.42

During the past 4 years, the highest Gross Margin % of Starbox Group Holdings was 99.37%. The lowest was 32.47%. And the median was 95.79%.

STBX's Gross Margin % is ranked better than
79.77% of 519 companies
in the Interactive Media industry
Industry Median: 60.86 vs STBX: 92.42

Starbox Group Holdings had a gross margin of 88.92% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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

Starbox Group Holdings Gross Margin % Historical Data

The historical data trend for Starbox Group Holdings'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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Starbox Group Holdings Gross Margin % Chart

Starbox Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Gross Margin %

32.47

99.37

99.15

92.42

Starbox Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial			103.71	99.14	99.13	99.25	88.92

Competitive Comparison of Starbox Group Holdings's Gross Margin %

For the Internet Content & Information subindustry, Starbox Group Holdings'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.

Starbox Group Holdings's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starbox Group Holdings's Gross Margin % distribution charts can be found below:

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

Starbox Group Holdings Gross Margin % Calculation

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

Starbox Group Holdings's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	10.9	/	11.741
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11.741 - 0.89)	/	11.741
	=	92.42 %

Starbox Group Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	6.9	/	7.765
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7.765 - 0.86)	/	7.765
	=	88.92 %

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.

Starbox Group Holdings (NAS:STBX) 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

Starbox Group Holdings had a gross margin of 88.92% for the quarter that ended in Sep. 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.

Starbox Group Holdings Gross Margin % Related Terms

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Starbox Group Holdings (Starbox Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Starbox Group Holdings Ltd (NAS:STBX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.starboxholdings.com

Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of our current operations are located in Malaysia. It operates in three segments: digital advertising services, cash rebate services, and payment solution services.