Marvion (Marvion) Gross Margin % : 27.84% (As of Dec. 2023)

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What is Marvion Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marvion's Gross Profit for the three months ended in Dec. 2023 was $1.65 Mil. Marvion's Revenue for the three months ended in Dec. 2023 was $5.91 Mil. Therefore, Marvion's Gross Margin % for the quarter that ended in Dec. 2023 was 27.84%.

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

MVNCD' s Gross Margin % Range Over the Past 10 Years
Min: 24.28 Med: 40.03 Max: 70.37
Current: 40.03

During the past 10 years, the highest Gross Margin % of Marvion was 70.37%. The lowest was 24.28%. And the median was 40.03%.

MVNCD's Gross Margin % is ranked better than
52.81% of 962 companies
in the Media - Diversified industry
Industry Median: 38.375 vs MVNCD: 40.03

Marvion had a gross margin of 27.84% for the quarter that ended in Dec. 2023 => Competition eroding margins

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

Marvion Gross Margin % Historical Data

The historical data trend for Marvion'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.

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Marvion Gross Margin % Chart

Marvion Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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70.37

24.28

40.03

Marvion Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															22.69	17.53	99.66	-0.10	27.84

Competitive Comparison of Marvion's Gross Margin %

For the Entertainment subindustry, Marvion'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.

Marvion's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marvion's Gross Margin % distribution charts can be found below:

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

Marvion Gross Margin % Calculation

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

Marvion'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 )
	=	5.8	/	14.455
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(14.455 - 8.669)	/	14.455
	=	40.03 %

Marvion'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 )
	=	1.6	/	5.913
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.913 - 4.267)	/	5.913
	=	27.84 %

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.

Marvion (OTCPK:MVNCD) 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

Marvion had a gross margin of 27.84% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Marvion Gross Margin % Related Terms

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Marvion (Marvion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.