Intelligent Bio Solutions Inc (INBS)
2.27
-0.11
(-4.62%)
USD |
NASDAQ |
May 17, 16:00
2.22
-0.05
(-2.20%)
After-Hours: 20:00
Intelligent Bio Solutions Gross Profit Margin (Quarterly): 21.67% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 21.67% |
| December 31, 2023 | 26.08% |
| September 30, 2023 | 29.18% |
| Date | Value |
|---|---|
| June 30, 2023 | 11.19% |
| March 31, 2023 | 7.23% |
| December 31, 2022 | 68.42% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
7.23%
Minimum
Mar 2023
68.42%
Maximum
Dec 2022
27.29%
Average
23.87%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Ainos Inc | -29.07% |
| OpGen Inc | 1.01% |
| Zomedica Corp | 65.75% |
| LENSAR Inc | 53.49% |
| Eargo Inc (DELISTED) | 52.39% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -200.6% |
| Return on Assets | -90.23% |
| Return on Invested Capital | -174.6% |
| Profit Margin (Quarterly) | -361.5% |
| Operating Margin (Quarterly) | -358.6% |
| Return on Net Operating Assets | -99.67% |