Avecho Biotechnology Ltd
ASX:AVE
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| AU |
|
Avecho Biotechnology Ltd
ASX:AVE
|
36.7m AUD |
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|
|
| US |
|
Eli Lilly and Co
NYSE:LLY
|
997.2B USD |
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|
|
| US |
|
Johnson & Johnson
NYSE:JNJ
|
578.6B USD |
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|
|
| CH |
|
Roche Holding AG
SIX:ROG
|
281.1B CHF |
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|
|
| US |
|
Merck & Co Inc
NYSE:MRK
|
303.5B USD |
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|
|
| CH |
|
Novartis AG
SIX:NOVN
|
230.9B CHF |
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|
|
| UK |
|
AstraZeneca PLC
LSE:AZN
|
216.1B GBP |
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|
|
| IE |
E
|
Endo International PLC
LSE:0Y5F
|
218B USD |
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|
|
| DK |
|
Novo Nordisk A/S
CSE:NOVO B
|
1.3T DKK |
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|
|
| US |
|
Pfizer Inc
NYSE:PFE
|
154.7B USD |
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|
| US |
|
Bristol-Myers Squibb Co
NYSE:BMY
|
125.6B USD |
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|
Market Distribution
| Min | -6 907 100% |
| 30th Percentile | 21.6% |
| Median | 38.3% |
| 70th Percentile | 58.2% |
| Max | 2 095.9% |
Other Profitability Ratios
Avecho Biotechnology Ltd
Glance View
Avecho Biotechnology Ltd. engages in the development, production, sale, and licensing of products incorporating its patented platform technology, Targeted Penetration Matrix (TPM), for the pharmaceutical, skin care and animal health and nutrition industries. The company is headquartered in Melbourne, Victoria. The firm's products pipeline includes Weaner Pig Starter TPM premix, Poultry TPM, Dairy TPM, and Veterinary Applications. The firm's segments include Production and Personal Care and Human Health. The Production and Personal Care segment manufactures and sells TPM and Vital ET for use in drug delivery and cosmetic formulations. The Human Health segment's portfolio covers the delivery of drugs through gels, injectables, and patches. The Human Health segment focuses on the development of patches, including TPM/Oxymorphone, TPM/enhanced, and TPM/Oxycodone. Its TPM products are commercialized under license Voveran TPM Gel, Instanac TPM Gel, Vital ET, and Ashland TPM.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Avecho Biotechnology Ltd is 62.3%, which is above its 3-year median of 26.9%.
Over the last 3 years, Avecho Biotechnology Ltd’s Gross Margin has decreased from 69.6% to 62.3%. During this period, it reached a low of -45.6% on Jun 30, 2024 and a high of 70.2% on Dec 31, 2022.
