Motorsport Games Inc (MSGM)
1.13
+0.05
(+4.63%)
USD |
NASDAQ |
Nov 21, 16:00
1.13
0.00 (0.00%)
After-Hours: 20:00
Motorsport Games Gross Profit Margin (Quarterly): 60.25% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 60.25% |
| June 30, 2024 | 58.99% |
| March 31, 2024 | 77.99% |
| 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% |
| Date | Value |
|---|---|
| March 31, 2022 | 39.38% |
| December 31, 2021 | 40.52% |
| 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
77.99%
Maximum
Mar 2024
56.36%
Average
58.19%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Take-Two Interactive Software Inc | 53.80% |
| Electronic Arts Inc | 77.48% |
| Golden Matrix Group Inc | 54.65% |
| GD Culture Group Ltd | -- |
| GameSquare Holdings Inc | 19.85% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 272.9% |
| Return on Assets | 53.04% |
| Return on Invested Capital | 272.9% |
| Profit Margin (Quarterly) | 0.55% |
| Operating Margin (Quarterly) | -107.2% |
| Return on Net Operating Assets | 69.02% |