Motorsport Games Inc (MSGM)
2.30
0.00 (0.00%)
USD |
NASDAQ |
May 03, 13:58
Motorsport Games Gross Profit Margin (Quarterly): 61.42% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 61.42% |
| September 30, 2023 | 50.91% |
| June 30, 2023 | 50.20% |
| March 31, 2023 | 27.79% |
| December 31, 2022 | 60.55% |
| September 30, 2022 | 50.71% |
| June 30, 2022 | 57.38% |
| March 31, 2022 | 39.38% |
| December 31, 2021 | 40.52% |
| Date | Value |
|---|---|
| September 30, 2021 | 55.62% |
| June 30, 2021 | 59.52% |
| March 31, 2021 | 68.40% |
| December 31, 2020 | 54.52% |
| September 30, 2020 | 67.50% |
| June 30, 2020 | 67.28% |
| March 31, 2020 | 66.97% |
| December 31, 2019 | 51.30% |
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
27.79%
Minimum
Mar 2023
68.40%
Maximum
Mar 2021
54.70%
Average
55.62%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Snail Inc | 34.73% |
| Take-Two Interactive Software Inc | 49.63% |
| Electronic Arts Inc | 72.80% |
| Golden Matrix Group Inc | 28.50% |
| GD Culture Group Ltd | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -339.7% |
| Return on Assets | -86.43% |
| Return on Invested Capital | -339.7% |
| Operating Margin (Quarterly) | -155.6% |
| Return on Net Operating Assets | -111.6% |