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CreditRiskMonitor.com (CreditRiskMonitor.com) Gross Margin % : 58.34% (As of Dec. 2023)


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What is CreditRiskMonitor.com Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CreditRiskMonitor.com's Gross Profit for the three months ended in Dec. 2023 was $2.84 Mil. CreditRiskMonitor.com's Revenue for the three months ended in Dec. 2023 was $4.87 Mil. Therefore, CreditRiskMonitor.com's Gross Margin % for the quarter that ended in Dec. 2023 was 58.34%.


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

CRMZ' s Gross Margin % Range Over the Past 10 Years
Min: 58.5   Med: 61.23   Max: 62.89
Current: 58.63


During the past 13 years, the highest Gross Margin % of CreditRiskMonitor.com was 62.89%. The lowest was 58.50%. And the median was 61.23%.

CRMZ's Gross Margin % is ranked better than
60.5% of 605 companies
in the Capital Markets industry
Industry Median: 48.7 vs CRMZ: 58.63

CreditRiskMonitor.com had a gross margin of 58.34% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CreditRiskMonitor.com was 0.20% per year.


CreditRiskMonitor.com Gross Margin % Historical Data

The historical data trend for CreditRiskMonitor.com'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.

CreditRiskMonitor.com Gross Margin % Chart

CreditRiskMonitor.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.29 61.70 62.89 61.15 58.63

CreditRiskMonitor.com 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 59.81 58.16 58.69 59.29 58.34

Competitive Comparison of CreditRiskMonitor.com's Gross Margin %

For the Capital Markets subindustry, CreditRiskMonitor.com'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.


CreditRiskMonitor.com's Gross Margin % Distribution in the Capital Markets Industry

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

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



CreditRiskMonitor.com Gross Margin % Calculation

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

CreditRiskMonitor.com'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 )
=11.1 / 18.932
=(Revenue - Cost of Goods Sold) / Revenue
=(18.932 - 7.833) / 18.932
=58.63 %

CreditRiskMonitor.com'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 )
=2.8 / 4.866
=(Revenue - Cost of Goods Sold) / Revenue
=(4.866 - 2.027) / 4.866
=58.34 %

* 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.


CreditRiskMonitor.com  (OTCPK:CRMZ) 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

CreditRiskMonitor.com had a gross margin of 58.34% 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.


CreditRiskMonitor.com Gross Margin % Related Terms

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


CreditRiskMonitor.com (CreditRiskMonitor.com) Business Description

Traded in Other Exchanges
N/A
Address
704 Executive Boulevard, Suite A, Valley Cottage, NY, USA, 10989
CreditRiskMonitor.com Inc is engaged in the provision of business-to-business Internet-based services for credit and supply chain and financial professionals. The services include financial risk analysis and news service. It provides its services to entities based in the United States. In addition, it is also involved in the re-distribution of international credit reports in the United States.
Executives
Lisa A. Reisman director 704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Brigitte W. Muehlmann director 704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Richard A Lippe director 9 NOME DRIVE, WOODBURY NY 11797
Michael Ilan Flum officer: SR. VICE PRESIDENT & COO 704 EXECUTIVE BLVD SUITE A, VALLEY COTTAGE NY 10989
William B Danner officer: Chief Operating Officer 704 EXECUTIVE BLVD., VALLEY COTTAGE NY 10989
Lawrence Fensterstock officer: Snr. VP, CFO and Secretary 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Joshua Matthew Flum director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Andrew Joseph Melnick director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Jeffrey S Geisenheimer director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Richard Joseph James director 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Leslie Charm director 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Jerome S Flum director, 10 percent owner, officer: COB, CEO & President 110 JERICHO TURNPIKE, SUITE 202, FLORAL PARK NY 11001
Partners Flum 10 percent owner 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989

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