Financial Gravity (Financial Gravity) Gross Margin % : 0.00% (As of Jun. 2023)

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What is Financial Gravity Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Financial Gravity's Gross Profit for the three months ended in Jun. 2023 was $1.68 Mil. Financial Gravity's Revenue for the three months ended in Jun. 2023 was $1.68 Mil. Therefore, Financial Gravity's Gross Margin % for the quarter that ended in Jun. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Financial Gravity Companies Inc gross margin has been in long-term decline. The average rate of decline per year is -39.1%.

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

FGCO' s Gross Margin % Range Over the Past 10 Years
Min: -44.62 Med: 97.79 Max: 98.65
Current: -44.62

During the past 13 years, the highest Gross Margin % of Financial Gravity was 98.65%. The lowest was -44.62%. And the median was 97.79%.

FGCO's Gross Margin % is ranked worse than
92.11% of 76 companies
in the Diversified Financial Services industry
Industry Median: 49.54 vs FGCO: -44.62

Financial Gravity had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Financial Gravity was -39.10% per year.

Financial Gravity Gross Margin % Historical Data

The historical data trend for Financial Gravity'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.

Financial Gravity Gross Margin % Chart

Financial Gravity Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Gross Margin %

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97.79

98.65

98.02

15.36

9.28

Financial Gravity Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial															-5.52	-	-279.82	7.24	-

Competitive Comparison of Financial Gravity's Gross Margin %

For the Financial Conglomerates subindustry, Financial Gravity'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.

Financial Gravity's Gross Margin % Distribution in the Diversified Financial Services Industry

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

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

Financial Gravity 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.)

Financial Gravity's Gross Margin for the fiscal year that ended in Sep. 2022 is calculated as

Gross Margin % (A: Sep. 2022 )	=	Gross Profit (A: Sep. 2022 )	/	Revenue (A: Sep. 2022 )
	=	0.5	/	5.623
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.623 - 5.101)	/	5.623
	=	9.28 %

Financial Gravity'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 )
	=	1.7	/	1.684
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.684 - 0)	/	1.684
	=	N/A %

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.

Financial Gravity (OTCPK:FGCO) 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

Financial Gravity had a gross margin of N/A% 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.

Financial Gravity Gross Margin % Related Terms

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

Financial Gravity (Financial Gravity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financial Gravity Companies Inc (OTCPK:FGCO) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734

Website

https://www.financialgravity.com

Financial Gravity Companies Inc through its subsidiaries helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO; Forta; FGAM; FGFOS; FGIS; FGEM; and TMN.

Executives

Mark John Williams	director	26420 VIA MALLORCA, CARMEL CA 93923
William Robert Nelson	director	2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Gary Joel Nemer	director	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Jennifer Winters	director	2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Scott Christopher Winters	director, officer: CEO, Co-Chairman of the Board	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Paul O Williams	director, officer: Chief Financial Officer	800 N. WATTERS ROAD. SUITE 120, ALLEN TX 75013
Debra Lynn Buckner	officer: Chief Operating Officer	8505 S. COUNTRY CLUB DRIVE, OKLAHOMA CITY OK 73159
David W. Myers	director	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Todd Bourgeois	director	800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Michael Lin Ashby	director	800 N. WATTERS RD., SUITE 150, ALLEN TX 75013
John David Pollock	director, 10 percent owner, officer: CEO	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
Ricky J Johnson	officer: Chief Operating Officer	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
George E Crumley	director	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
James F. Reggio	officer: CTO and Chief Mktg Officer	3607 POLO RUN DR., FLOWER MOUND TX 75028
Arthur David Crowley	director, officer: Pres. and Ch. Strategy Officer	800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013