Magnet Forensics Inc
TSX:MAGT

Watchlist Manager
Magnet Forensics Inc Logo
Magnet Forensics Inc
TSX:MAGT
Watchlist
Price: 44.24 CAD Market Closed
Market Cap: 1.8B CAD

Gross Margin
Magnet Forensics Inc

93.5%
Current
93%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
93.5%
=
Gross Profit
92.5m
/
Revenue
98.9m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
CA
Magnet Forensics Inc
TSX:MAGT
1.8B CAD
93%
DE
SAP SE
XETRA:SAP
302.7B EUR
74%
US
Palantir Technologies Inc
NYSE:PLTR
349.6B USD
80%
US
Salesforce Inc
NYSE:CRM
252.9B USD
77%
US
Intuit Inc
NASDAQ:INTU
214B USD
79%
US
NCR Corp
LSE:0K45
188.7B USD
21%
US
Adobe Inc
NASDAQ:ADBE
158.5B USD
89%
US
Applovin Corp
NASDAQ:APP
117.4B USD
78%
US
Microstrategy Inc
NASDAQ:MSTR
114.1B USD
71%
US
Synopsys Inc
NASDAQ:SNPS
95.2B USD
80%
US
Cadence Design Systems Inc
NASDAQ:CDNS
87.6B USD
86%

Magnet Forensics Inc
Glance View

Market Cap
1.8B CAD
Industry
Technology

Magnet Forensics Inc. emerged from the humble beginnings of a Canadian entrepreneur with a singular focus: enhancing the way digital investigations are performed. Founded in 2010 by Jad Saliba, a former police officer and computer science expert, the company aimed to bridge the gap between law enforcement needs and technological capabilities. It carved out a niche in the digital forensics industry by developing software that helps law enforcement agencies and enterprises recover and analyze digital evidence from computers, smartphones, and other digital devices. This innovative approach allowed investigators to compress the time and effort involved in identifying critical information during investigations, significantly enhancing the efficiency and effectiveness of the evidence-gathering process. The company generates revenue primarily through the sale of its software products and solutions, including popular platforms like Magnet AXIOM. These solutions are licensed to a broad spectrum of clients, ranging from local police departments to large multinational corporations, that require robust and reliable tools to deal with ever-growing cyber threats and digital criminal activities. Magnet Forensics sets itself apart by continuously investing in research and development to keep pace with the rapidly-evolving landscape of technology and cybercrime, ensuring their products remain at the cutting edge of the industry. This commitment to innovation and quality has established Magnet Forensics as a trusted partner in the delicate and crucial task of digital evidence recovery, securing its position as a leader in the field of digital forensics.

MAGT Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
93.5%
=
Gross Profit
92.5m
/
Revenue
98.9m
What is the Gross Margin of Magnet Forensics Inc?

Based on Magnet Forensics Inc's most recent financial statements, the company has Gross Margin of 93.5%.

Back to Top