t42 IoT Tracking Solutions PLC
LSE:TRAC
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 |
||
|---|---|---|---|---|---|
| JE |
|
t42 IoT Tracking Solutions PLC
LSE:TRAC
|
1.6m GBP |
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|
|
| US |
|
Microsoft Corp
NASDAQ:MSFT
|
2.9T USD |
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|
|
| US |
|
Oracle Corp
NYSE:ORCL
|
413B USD |
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|
|
| US |
|
ServiceNow Inc
NYSE:NOW
|
112.8B USD |
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|
|
| US |
|
Palo Alto Networks Inc
NASDAQ:PANW
|
103.8B USD |
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|
|
| US |
|
CrowdStrike Holdings Inc
NASDAQ:CRWD
|
92.7B USD |
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|
|
| US |
V
|
VMware Inc
XETRA:BZF1
|
58B EUR |
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|
|
| US |
|
Fortinet Inc
NASDAQ:FTNT
|
58.4B USD |
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|
|
| US |
|
Xperi Holding Corp
LSE:0M2A
|
54.6B USD |
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|
|
| CN |
K
|
Knowledge Atlas Technology JSC Ltd
HKEX:2513
|
256.4B HKD |
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|
|
| US |
|
Zscaler Inc
NASDAQ:ZS
|
23.2B USD |
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|
Market Distribution
| Min | -1.2% |
| 30th Percentile | 0.4% |
| Median | 0.6% |
| 70th Percentile | 1% |
| Max | 1 871.3% |
Other Profitability Ratios
t42 IoT Tracking Solutions PLC
Glance View
t42 IoT Tracking Solutions Plc engages in the development of wireless solutions for remote tracking, monitoring, and protection of assets and people. The firm provides tracking devices, command and control center setup (C4I), full integration with 3rd party enterprises and authorities, cloud storage provisioning, staff training, global technical support and customer service. Its Internet of things (IoT) device is a multi-sensor container lock and encrypted global data transmitter, which provides intelligent detection of course deviation, temperature deviation, humidity deviation, tampering attempts, vessel, accident container damage and actual breach. The company offers its services to approximately 55 countries. The firm's devices are used by ports, cargo owners, shipping companies, freight forwarders, insurance companies, customs authorities and homeland security and police for end-to-end global container tracking and digital transformation of shipments.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for t42 IoT Tracking Solutions PLC is 40.1%, which is below its 3-year median of 44.9%.
Over the last 3 years, t42 IoT Tracking Solutions PLC’s Gross Margin has decreased from 42.5% to 40.1%. During this period, it reached a low of 38.3% on Dec 31, 2024 and a high of 53% on Dec 31, 2023.