Agilysys Inc (AGYS)

Gross profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Gross profit	US$ in thousands	144,256	120,819	101,532	89,376	80,952
Revenue	US$ in thousands	238,118	198,854	163,406	137,285	160,748
Gross profit margin		60.58%	60.76%	62.13%	65.10%	50.36%

March 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $144,256K ÷ $238,118K
= 60.58%

The gross profit margin of Agilysys Inc has shown a declining trend over the past five years, decreasing from 65.10% in March 2021 to 60.58% in March 2024. This suggests that the company's ability to generate profits from its core operations has slightly weakened over this period. The fluctuations in the gross profit margin may be attributed to changes in the cost of sales, pricing strategies, or overall operational efficiency. It is important for Agilysys Inc to closely monitor and analyze factors impacting its gross profit margin to ensure sustainable profitability in the long term.