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Sysorex (Sysorex) Gross Margin % : 16.64% (As of Jun. 2023)


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What is Sysorex Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sysorex's Gross Profit for the three months ended in Jun. 2023 was $0.27 Mil. Sysorex's Revenue for the three months ended in Jun. 2023 was $1.64 Mil. Therefore, Sysorex's Gross Margin % for the quarter that ended in Jun. 2023 was 16.64%.


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

SYSX' s Gross Margin % Range Over the Past 10 Years
Min: 16.54   Med: 23.43   Max: 30.32
Current: 19.97


During the past 3 years, the highest Gross Margin % of Sysorex was 30.32%. The lowest was 16.54%. And the median was 23.43%.

SYSX's Gross Margin % is ranked worse than
73.18% of 604 companies
in the Capital Markets industry
Industry Median: 48.805 vs SYSX: 19.97

Sysorex had a gross margin of 16.64% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

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


Sysorex Gross Margin % Historical Data

The historical data trend for Sysorex'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.

Sysorex Gross Margin % Chart

Sysorex Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
- 16.54 30.32

Sysorex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.07 14.51 30.90 11.81 16.64

Competitive Comparison of Sysorex's Gross Margin %

For the Capital Markets subindustry, Sysorex'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.


Sysorex's Gross Margin % Distribution in the Capital Markets Industry

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

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



Sysorex Gross Margin % Calculation

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

Sysorex'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 )
=5.3 / 17.313
=(Revenue - Cost of Goods Sold) / Revenue
=(17.313 - 12.063) / 17.313
=30.32 %

Sysorex'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 )
=0.3 / 1.635
=(Revenue - Cost of Goods Sold) / Revenue
=(1.635 - 1.363) / 1.635
=16.64 %

* 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.


Sysorex  (OTCPK:SYSX) 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

Sysorex had a gross margin of 16.64% for the quarter that ended in Jun. 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.


Sysorex Gross Margin % Related Terms

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


Sysorex (Sysorex) Business Description

Traded in Other Exchanges
N/A
Address
13880 Dulles Corner Lane, Suite 120, Herndon, VA, USA, 20171
Sysorex Inc is a technology company focused on Ethereum mining and the Ethereum blockchain and information technology solutions mainly in the public sector segments including federal, state, and local governments. It currently owns and operates approximately 11,000 NVIDIA GPUs (Graphics Processing Units) generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry-leading efficiency.
Executives
Stilley William B. Iii director 1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Wayne Fernando Wasserberg director, officer: CEO 88 SW 7TH ST.,, APT. 1504, MIAMI FL 33130
Douglas Cole director C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Vincent Loiacono officer: Chief Financial Officer C/O TERRESTAR CORPORATION, 12010 SUNSET HILLS ROAD, 6TH FLOOR, RESTON VA 20190
Wendy Loundermon officer: Vice President of Finance C/O SYSOREX GLOBAL HOLDINGS CORP., 2479 E. BAYSHORE ROAD, SUITE 195, PALO ALTO CA 94303
Nadir Ali director, officer: Chief Executive Officer C/O SYSOREX GLOBAL HOLDINGS CORP., 2479 E. BAYSHORE ROAD, SUITE 195, PALO ALTO CA 94303
Npixon 10 percent owner 2479 E. BAYSHORE ROAD, SUITE 195, PALO ALTO CA 94303
Zaman Khan director, officer: President C/O SYSOREX INC, 2355 DULLES CORNER BLVD, SUITE 600, HERNDON VA 20171

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