AmpliTech Group's gross profit for the
three
months ended in Mar. 2024 was $0.88 Mil. AmpliTech Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $6.30 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AmpliTech Group's gross profit for the
three
months ended in Mar. 2024 was $0.88 Mil. AmpliTech Group's Revenue for the
three
months ended in Mar. 2024 was $2.29 Mil. Therefore, AmpliTech Group's Gross Margin % for the quarter that ended in Mar. 2024 was 38.51%.
AmpliTech Group had a gross margin of 38.51% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of AmpliTech Group was 59.38%. The lowest was 24.51%. And the median was 48.70%.
Warning Sign:
AmpliTech Group Inc gross margin has been in long-term decline. The average rate of decline per year is -4.7%.
AmpliTech Group Gross Profit Historical Data
The historical data trend for AmpliTech Group's Gross Profit 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.
Competitive Comparison of AmpliTech Group's Gross Profit
For the Communication Equipment subindustry, AmpliTech Group's Gross Profit, along with its competitors' market caps and Gross Profit 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.
AmpliTech Group's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, AmpliTech Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where AmpliTech Group's Gross Profit falls into.
AmpliTech Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
AmpliTech Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.30 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
AmpliTech Group (NAS:AMPG) Gross Profit 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
AmpliTech Group had a gross margin of 38.51% for the quarter that ended in Mar. 2024 => Competition eroding margins
AmpliTech Group Gross Profit Related Terms
Thank you for viewing the detailed overview of AmpliTech Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
AmpliTech Group (AmpliTech Group) Business Description
AmpliTech Group Inc designs, develop, engineers, & assembles micro-wave component-based amplifiers that meet individual customer specifications. Its products consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters, & custom assemblies such as MMIC (Monolithic Microwave Integrated Circuit) and MIC (Microwave Integrated Circuit) designs. It also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.
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