NEXTDC Ltd
OTC:NXDCF
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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 |
|
NEXTDC Ltd
ASX:NXT
|
8B AUD |
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| CA |
|
Shopify Inc
NASDAQ:SHOP
|
149.9B USD |
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| US |
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Cloudflare Inc
NYSE:NET
|
62.9B USD |
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| US |
|
Snowflake Inc.
NYSE:SNOW
|
46.6B USD |
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| US |
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Snowflake Inc
XETRA:5Q5
|
39.6B EUR |
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| ID |
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DCI Indonesia Tbk PT
IDX:DCII
|
479.8T IDR |
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| US |
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Verisign Inc
NASDAQ:VRSN
|
24.7B USD |
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| US |
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MongoDB Inc
NASDAQ:MDB
|
18.8B USD |
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| US |
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Twilio Inc
NYSE:TWLO
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18.9B USD |
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| US |
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Akamai Technologies Inc
NASDAQ:AKAM
|
12.9B USD |
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| US |
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Okta Inc
NASDAQ:OKTA
|
11.6B 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
NEXTDC Ltd
Glance View
NEXTDC Ltd, a prominent name in the Australian technology landscape, revolves around the intricate business of data centers. Founded in 2010, the company swiftly emerged as a pivotal player in the digital infrastructure sector, catering to a world increasingly dependent on data for business operations and connectivity. The company's essence lies in its ability to provide secure and scalable data center services, ensuring customers have uninterrupted access to their critical IT operations. By acquiring strategically located real estate, NEXTDC builds state-of-the-art facilities that house servers and networking equipment. Their data centers are designed with high energy efficiency and resilience, catering to businesses' growing demands for cloud services, network interconnectivity, and critical IT infrastructure. The core business model of NEXTDC spins on a recurring revenue basis, primarily through leasing premium rack space and providing ancillary services such as cross-connect and cloud connectivity solutions. Customers from various sectors, including telecommunications, financial services, government, and multinational corporations, benefit from their high-performance infrastructure. By operating on a connectivity-rich ecosystem, NEXTDC not only facilitates optimal data transfer speeds but also ensures robust cybersecurity measures are in place, crucial for gaining the trust of their clientele. Their prowess in delivering reliability and scalability makes them indispensable to enterprises looking to digitalize and secure their operations, driving consistent revenue flow and potential for growth in an era where data is as valuable as gold.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for NEXTDC Ltd is 70.8%, which is below its 3-year median of 71.5%.
Over the last 3 years, NEXTDC Ltd’s Gross Margin has decreased from 80% to 70.8%. During this period, it reached a low of 66.7% on Dec 31, 2023 and a high of 80% on Dec 31, 2022.