GURUFOCUS.COM » STOCK LIST » Technology » Software » Aisix Solutions Inc (TSXV:AISX) » Definitions » Gross Margin %

Aisix Solutions (TSXV:AISX) Gross Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Aisix Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aisix Solutions's Gross Profit for the three months ended in Dec. 2023 was C$0.00 Mil. Aisix Solutions's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Aisix Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

TSXV:AISX' s Gross Margin % Range Over the Past 10 Years
Min: -900   Med: -686.49   Max: -287.36
Current: -730.19


During the past 7 years, the highest Gross Margin % of Aisix Solutions was -287.36%. The lowest was -900.00%. And the median was -686.49%.

TSXV:AISX's Gross Margin % is ranked worse than
99.73% of 2634 companies
in the Software industry
Industry Median: 41.825 vs TSXV:AISX: -730.19

Aisix Solutions had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Aisix Solutions Gross Margin % Historical Data

The historical data trend for Aisix Solutions'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.

Aisix Solutions Gross Margin % Chart

Aisix Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial -686.49 -489.44 -287.36 -900.00 -686.79

Aisix Solutions 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 -364.50 -466.04 - - -

Competitive Comparison of Aisix Solutions's Gross Margin %

For the Software - Application subindustry, Aisix Solutions'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.


Aisix Solutions's Gross Margin % Distribution in the Software Industry

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

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



Aisix Solutions Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Aisix Solutions'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 )
=-0.4 / 0.053
=(Revenue - Cost of Goods Sold) / Revenue
=(0.053 - 0.417) / 0.053
=-686.79 %

Aisix Solutions'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 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Aisix Solutions  (TSXV:AISX) 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

Aisix Solutions had a gross margin of N/A% 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.


Aisix Solutions Gross Margin % Related Terms

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


Aisix Solutions (TSXV:AISX) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 810, Vancouver, BC, CAN, V6E 3Z3
Aisix Solutions Inc Formerly Minerva Intelligence Inc is engaged in developing and marketing AI software products to various industries with technical and scientific data. Its AI Platform combines human domain expertise with information from public and private databases in a cognitive computer reasoning system to carry out complex tasks faster. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.
Executives
Mihalis Belantis Senior Officer

Aisix Solutions (TSXV:AISX) Headlines

No Headlines