Baijiayun Group (Baijiayun Group) Gross Margin % : 22.41% (As of Dec. 2023)

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What is Baijiayun Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Baijiayun Group's Gross Profit for the six months ended in Dec. 2023 was $6.84 Mil. Baijiayun Group's Revenue for the six months ended in Dec. 2023 was $30.54 Mil. Therefore, Baijiayun Group's Gross Margin % for the quarter that ended in Dec. 2023 was 22.41%.

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

RTC' s Gross Margin % Range Over the Past 10 Years
Min: -6.03 Med: 20.13 Max: 40.59
Current: 22.49

During the past 13 years, the highest Gross Margin % of Baijiayun Group was 40.59%. The lowest was -6.03%. And the median was 20.13%.

RTC's Gross Margin % is ranked worse than
77.68% of 2625 companies
in the Software industry
Industry Median: 41.71 vs RTC: 22.49

Baijiayun Group had a gross margin of 22.41% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Baijiayun Group was 3.40% per year.

Baijiayun Group Gross Margin % Historical Data

The historical data trend for Baijiayun Group'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.

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Baijiayun Group Gross Margin % Chart

Baijiayun Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Gross Margin %

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24.91

40.59

37.52

26.87

20.13

Baijiayun Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															34.31	-	17.68	22.55	22.41

Competitive Comparison of Baijiayun Group's Gross Margin %

For the Software - Application subindustry, Baijiayun Group'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.

Baijiayun Group's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Baijiayun Group's Gross Margin % falls into.

Baijiayun Group Gross Margin % Calculation

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

Baijiayun Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	16.6	/	82.25
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(82.25 - 65.695)	/	82.25
	=	20.13 %

Baijiayun Group'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 )
	=	6.8	/	30.54
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(30.54 - 23.696)	/	30.54
	=	22.41 %

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.

Baijiayun Group (NAS:RTC) 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

Baijiayun Group had a gross margin of 22.41% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Baijiayun Group Gross Margin % Related Terms

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Baijiayun Group (Baijiayun Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baijiayun Group Ltd (NAS:RTC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

F4B1:Germany

Address

No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000

Website

https://ir.baijiayun.com

Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.