MMA Offshore (ASX:MRM) Gross Margin % : 0.00% (As of Dec. 2023)

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What is MMA Offshore Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MMA Offshore's Gross Profit for the six months ended in Dec. 2023 was A$204.6 Mil. MMA Offshore's Revenue for the six months ended in Dec. 2023 was A$204.6 Mil. Therefore, MMA Offshore's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

The historical rank and industry rank for MMA Offshore's Gross Margin % or its related term are showing as below:

ASX:MRM' s Gross Margin % Range Over the Past 10 Years
Min: -8.96 Med: 6.69 Max: 50.31
Current: 50.31

During the past 13 years, the highest Gross Margin % of MMA Offshore was 50.31%. The lowest was -8.96%. And the median was 6.69%.

ASX:MRM's Gross Margin % is ranked better than
89.25% of 949 companies
in the Transportation industry
Industry Median: 19.99 vs ASX:MRM: 50.31

MMA Offshore had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MMA Offshore was 0.00% per year.

MMA Offshore Gross Margin % Historical Data

The historical data trend for MMA Offshore's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MMA Offshore Gross Margin % Chart

MMA Offshore Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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0.13

3.97

9.40

24.02

43.16

MMA Offshore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															-	-47.30	-	-18.42	-

Competitive Comparison of MMA Offshore's Gross Margin %

For the Marine Shipping subindustry, MMA Offshore's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MMA Offshore's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MMA Offshore's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MMA Offshore's Gross Margin % falls into.

MMA Offshore Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

MMA Offshore's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	133.1	/	308.265
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(308.265 - 175.205)	/	308.265
	=	43.16 %

MMA Offshore's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	204.6	/	204.621
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(204.621 - 0)	/	204.621
	=	N/A %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

MMA Offshore (ASX:MRM) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MMA Offshore had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

MMA Offshore Gross Margin % Related Terms

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MMA Offshore (ASX:MRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MMA Offshore Ltd (ASX:MRM) » Definitions » Gross Margin %

Traded in Other Exchanges

MRMAF:USA

Address

12-14 The Esplanade, EQ12, Level 10, Perth, WA, AUS, 6000

Website

https://www.mmaoffshore.com

MMA Offshore Ltd is involved in providing marine-related services. The company's operating segment includes Vessel Services; Subsea Services and Project Logistics. It generates maximum revenue from the Vessel Services segment. The Vessel Services segment provision of specialised offshore support vessels. Its Subsea Services segment provides services to companies operating in subsea environments including inspection, maintenance and repair. The Project Logistics segment includes project management of large marine spreads and complex marine logistics. Geographically, it derives a majority of revenue from Australia.