The historical rank and industry rank for Legacy Imbds's Gross Margin % or its related term are showing as below:
IMBIQ's Gross Margin % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 36.61 * Ranked among companies with meaningful Gross Margin % only.
Legacy Imbds had a gross margin of 41.79% for the quarter that ended in Oct. 2022 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Legacy Imbds was 0.00% per year.
Legacy Imbds Gross Margin % Historical Data
The historical data trend for Legacy Imbds'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.
Competitive Comparison of Legacy Imbds's Gross Margin %
For the Specialty Retail subindustry, Legacy Imbds'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.
Legacy Imbds's Gross Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Legacy Imbds's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Legacy Imbds's Gross Margin % falls into.
* 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.
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.
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
Legacy Imbds had a gross margin of 41.79% for the quarter that ended in Oct. 2022 => Durable 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.
Legacy Imbds Gross Margin % Related Terms
Thank you for viewing the detailed overview of Legacy Imbds's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Legacy Imbds Inc Formerly iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.
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