Cryosite Ltd
ASX:CTE

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Cryosite Ltd
ASX:CTE
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Price: 1.195 AUD -0.83% Market Closed
Market Cap: AU$58.3m

Gross Margin

63%
Current
Improving
by 0.6%
vs 3-y average of 62.4%

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
63%
=
Gross Profit
AU$8.9m
/
Revenue
AU$14.1m

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
63%
=
Gross Profit
AU$8.9m
/
Revenue
AU$14.1m

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Cryosite Ltd
ASX:CTE
58.3m AUD
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US
PerkinElmer Inc
LSE:0KHE
1.1T USD
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US
Thermo Fisher Scientific Inc
NYSE:TMO
189.6B USD
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US
Danaher Corp
NYSE:DHR
149.1B USD
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KR
Samsung Biologics Co Ltd
KRX:207940
46.3T KRW
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CH
Lonza Group AG
SIX:LONN
35.6B CHF
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CN
WuXi AppTec Co Ltd
SSE:603259
292.3B CNY
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US
Agilent Technologies Inc
NYSE:A
35.6B USD
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US
IQVIA Holdings Inc
NYSE:IQV
28.4B USD
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US
Mettler-Toledo International Inc
NYSE:MTD
27.9B USD
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CN
WuXi Biologics (Cayman) Inc
HKEX:2269
163.2B HKD
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Market Distribution

Higher than 73% of companies in Australia
Percentile
73nd
Based on 2 544 companies
73nd percentile
63%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Cryosite Ltd
Glance View

Cryosite Ltd. engages in the provision of long term storage, supply chain logistics management of pharmaceutical products used in clinical trials and biological materials. The company is headquartered in Sydney, New South Wales. The company went IPO on 2002-05-09. The firm operates through two segments, which include Clinical Trials and Biological Services Logistics, and Cord Blood and Tissue Storage. The Clinical Trials and Biological Services Logistics segment provides specialist temperature-controlled storage, sourcing, labelling, status management, secondary packaging, schedule drug distribution, destruction, returns and biological services to the clinical trial and research industry. The Cord Blood and Tissue Storage segment provides long-term storage for cord blood and tissue samples. The firm engages in clinical trial supply chain from importation, receipt, specialized ambient, cold, frozen, and liquid nitrogen storage for temperature-sensitive products, distribution, and reverse logistics management.

CTE Intrinsic Value
HIDDEN
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What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
63%
=
Gross Profit
AU$8.9m
/
Revenue
AU$14.1m
What is Cryosite Ltd's current Gross Margin?

The current Gross Margin for Cryosite Ltd is 63%, which is above its 3-year median of 62.4%.

How has Gross Margin changed over time?

Over the last 3 years, Cryosite Ltd’s Gross Margin has increased from 58.2% to 63%. During this period, it reached a low of 58.2% on Jun 30, 2022 and a high of 64.5% on Jan 1, 2025.

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