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Carta Holdings (TSE:3688) Gross Margin % : 91.02% (As of Dec. 2023)


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What is Carta Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Carta Holdings's Gross Profit for the three months ended in Dec. 2023 was 円5,898 Mil. Carta Holdings's Revenue for the three months ended in Dec. 2023 was 円6,480 Mil. Therefore, Carta Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 91.02%.


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

TSE:3688' s Gross Margin % Range Over the Past 10 Years
Min: 28.62   Med: 39.3   Max: 89.85
Current: 89.09


During the past 10 years, the highest Gross Margin % of Carta Holdings was 89.85%. The lowest was 28.62%. And the median was 39.30%.

TSE:3688's Gross Margin % is ranked better than
76.97% of 521 companies
in the Interactive Media industry
Industry Median: 60.42 vs TSE:3688: 89.09

Carta Holdings had a gross margin of 91.02% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Carta Holdings was 28.30% per year.


Carta Holdings Gross Margin % Historical Data

The historical data trend for Carta 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.

* Premium members only.

Carta Holdings Gross Margin % Chart

Carta Holdings Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.62 88.68 87.32 89.85 89.39

Carta Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 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 88.88 88.89 87.89 88.27 91.02

Competitive Comparison of Carta Holdings's Gross Margin %

For the Internet Content & Information subindustry, Carta 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.


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

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

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



Carta Holdings Gross Margin % Calculation

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

Carta Holdings'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 )
=23189 / 25940
=(Revenue - Cost of Goods Sold) / Revenue
=(25940 - 2751) / 25940
=89.39 %

Carta Holdings'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 )
=5898 / 6480
=(Revenue - Cost of Goods Sold) / Revenue
=(6480 - 582) / 6480
=91.02 %

* 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.


Carta Holdings  (TSE:3688) 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

Carta Holdings had a gross margin of 91.02% for the quarter that ended in Dec. 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.


Carta Holdings Gross Margin % Related Terms

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Carta Holdings (TSE:3688) Business Description

Traded in Other Exchanges
N/A
Address
Shibuya First Place 1st, 6th, 7th, 8th Floor, Shimizu-machi, Shibuya-ku, Tokyo, JPN, 150-0045
Carta Holdings Inc, formerly Voyage Group Inc is a Japanese company engaged in online media-related business and web search and advertising.

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