Adit EdTech Acquisition Cor
NASDAQ:GRDI

Watchlist Manager
Adit EdTech Acquisition Cor Logo
Adit EdTech Acquisition Cor
NASDAQ:GRDI
Watchlist
Price: 0.96 USD -0.01%
Market Cap: $63m

Gross Margin

34.9%
Current
Improving
by 4.9%
vs 3-y average of 30%

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
34.9%
=
Gross Profit
$7.3m
/
Revenue
$20.9m

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
34.9%
=
Gross Profit
$7.3m
/
Revenue
$20.9m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Adit EdTech Acquisition Cor
NASDAQ:GRDI
69m USD
Loading...
US
SoFi Technologies Inc
NASDAQ:SOFI
23.3B USD
Loading...
MC
HAL Trust
AEX:HAL
15.5B EUR
Loading...
US
Annaly Capital Management Inc
NYSE:NLY
16.1B USD
Loading...
US
WP Carey Inc
NYSE:WPC
16B USD
Loading...
US
Ares Capital Corp
NASDAQ:ARCC
13.7B USD
Loading...
BE
Sofina SA
XBRU:SOF
9.1B EUR
Loading...
US
AltC Acquisition Corp
NYSE:OKLO
9.9B USD
Loading...
US
Starwood Property Trust Inc
NYSE:STWD
6.5B USD
Loading...
KY
JATT Acquisition Corp
F:1GU
4.6B EUR
Loading...
US
Main Street Capital Corp
NYSE:MAIN
5.1B USD
Loading...

Market Distribution

In line with most companies in the United States of America
Percentile
39th
Based on 12 729 companies
39th percentile
34.9%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Adit EdTech Acquisition Cor
Glance View

Market Cap
63m USD
Industry
N/A

Adit Edtech Acquisition Corp. operates as a development stage company. The company is headquartered in New York City, New York. The company went IPO on 2021-01-12. The firm is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The firm intends to focus on identifying, acquiring and managing a business in the education, training and education technology industries. The firm has not commenced any business operations. The firm has not generated any revenue.

GRDI Intrinsic Value
Not Available
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
34.9%
=
Gross Profit
$7.3m
/
Revenue
$20.9m
What is Adit EdTech Acquisition Cor's current Gross Margin?

The current Gross Margin for Adit EdTech Acquisition Cor is 34.9%, which is above its 3-year median of 30%.

How has Gross Margin changed over time?

Over the last 3 years, Adit EdTech Acquisition Cor’s Gross Margin has decreased from 83.6% to 34.9%. During this period, it reached a low of 25.1% on Mar 31, 2023 and a high of 83.6% on Dec 1, 2021.

Back to Top