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Holista Colltech Limited Appendix 4D Halfyear report 1. Company details Name of entity: ABN: Reporting period: Previous period:Holista Colltech Limited 24 094 515 992 For the halfyear ended 30 June
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Stronger gross margins refer to a higher percentage of revenue that exceeds the cost of goods sold (COGS), indicating greater efficiency and profitability in a company's operations.
Businesses and companies that need to report their financial performance, particularly those seeking investments or loans, are typically required to file stronger gross margins.
To fill out stronger gross margins, businesses should calculate their gross profit by subtracting COGS from total revenue, then divide this figure by total revenue and multiply by 100 to get the percentage.
The purpose of stronger gross margins is to provide insights into a company's operational efficiency and profitability, helping stakeholders assess financial health.
Reports on stronger gross margins must include total revenue, cost of goods sold, and the resulting gross profit margin percentage.
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