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LuxUrban Hotels (LuxUrban Hotels) Gross Margin % : -52.42% (As of Dec. 2023)


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What is LuxUrban Hotels Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. LuxUrban Hotels's Gross Profit for the three months ended in Dec. 2023 was $-14.4 Mil. LuxUrban Hotels's Revenue for the three months ended in Dec. 2023 was $27.5 Mil. Therefore, LuxUrban Hotels's Gross Margin % for the quarter that ended in Dec. 2023 was -52.42%.


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

LUXH' s Gross Margin % Range Over the Past 10 Years
Min: -35.76   Med: 9.87   Max: 28.24
Current: 7.88


During the past 5 years, the highest Gross Margin % of LuxUrban Hotels was 28.24%. The lowest was -35.76%. And the median was 9.87%.

LUXH's Gross Margin % is ranked worse than
97.12% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.22 vs LUXH: 7.88

LuxUrban Hotels had a gross margin of -52.42% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


LuxUrban Hotels Gross Margin % Historical Data

The historical data trend for LuxUrban Hotels'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.

LuxUrban Hotels Gross Margin % Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
13.31 -35.76 9.87 28.24 7.88

LuxUrban Hotels Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.35 23.50 31.95 25.03 -52.42

Competitive Comparison of LuxUrban Hotels's Gross Margin %

For the Lodging subindustry, LuxUrban Hotels'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.


LuxUrban Hotels's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LuxUrban Hotels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where LuxUrban Hotels's Gross Margin % falls into.



LuxUrban Hotels Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

LuxUrban Hotels's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=8.9 / 113.397
=(Revenue - Cost of Goods Sold) / Revenue
=(113.397 - 104.465) / 113.397
=7.88 %

LuxUrban Hotels'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 )
=-14.4 / 27.513
=(Revenue - Cost of Goods Sold) / Revenue
=(27.513 - 41.934) / 27.513
=-52.42 %

* 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.


LuxUrban Hotels  (NAS:LUXH) 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

LuxUrban Hotels had a gross margin of -52.42% 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.


LuxUrban Hotels Gross Margin % Related Terms

Thank you for viewing the detailed overview of LuxUrban Hotels's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


LuxUrban Hotels (LuxUrban Hotels) Business Description

Traded in Other Exchanges
N/A
Address
2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.
Executives
Brian Ferdinand director, officer: Chief Executive Officer 224 MUTTONTOWN EASTWOODS ROAD, MUTTONTOWN NY 11791
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Kevin Michael Potts officer: Chief Revenue Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Donald Engel director 570 PARK AVE, NEW YORK NY 10065
Shanoop Kothari officer: Chief Financial Officer 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Aimee Nelson director 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jeffrey Webb director 6589 GREEN SHADOWS, STE 6B, MEMPHIS TN 38119
David Gurfein officer: President & COO 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Karl Rothman officer: Chief Accounting Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jimmie Chatmon director, officer: Executive Vice President 2125 BISCAYNE BLVD, MIAMI FL 33137
Kevin Mikolashek officer: Chief Compliance Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
David Edward Berg director 2125 BISCAYNE BLVD., SUITE 253, MIAMI FL 33137