Movement Industries (Movement Industries) Gross Margin % : 32.95% (As of Jun. 2023)

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What is Movement Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Movement Industries's Gross Profit for the six months ended in Jun. 2023 was $0.29 Mil. Movement Industries's Revenue for the six months ended in Jun. 2023 was $0.87 Mil. Therefore, Movement Industries's Gross Margin % for the quarter that ended in Jun. 2023 was 32.95%.

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

MVNT' s Gross Margin % Range Over the Past 10 Years
Min: 12.33 Med: 22.64 Max: 32.95
Current: 32.95

During the past 2 years, the highest Gross Margin % of Movement Industries was 32.95%. The lowest was 12.33%. And the median was 22.64%.

MVNT's Gross Margin % is ranked worse than
65.61% of 535 companies
in the Asset Management industry
Industry Median: 51.55 vs MVNT: 32.95

Movement Industries had a gross margin of 32.95% for the quarter that ended in Jun. 2023 => Competition eroding margins

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

Movement Industries Gross Margin % Historical Data

The historical data trend for Movement Industries'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.

Movement Industries Gross Margin % Chart

Movement Industries Annual Data

Trend

Jun22

Jun23

Gross Margin %

12.33

32.95

Movement Industries Semi-Annual Data
	Jun22	Jun23
Gross Margin %	12.33	32.95

Competitive Comparison of Movement Industries's Gross Margin %

For the Asset Management subindustry, Movement Industries'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.

Movement Industries's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Movement Industries's Gross Margin % distribution charts can be found below:

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

Movement Industries Gross Margin % Calculation

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

Movement Industries'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 )
	=	0.3	/	0.868
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.868 - 0.582)	/	0.868
	=	32.95 %

Movement Industries's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.3	/	0.868
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.868 - 0.582)	/	0.868
	=	32.95 %

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.

Movement Industries (OTCPK:MVNT) 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

Movement Industries had a gross margin of 32.95% for the quarter that ended in Jun. 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.

Movement Industries Gross Margin % Related Terms

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Movement Industries (Movement Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Movement Industries Corp (OTCPK:MVNT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6829 Flintlock Road, Houston, TX, USA, 77040

Website

https://www.mvmnt.in

Movement Industries Corp is engaged in investments in emerging growth companies in the energy, oil and gas, and industrial manufacturing sectors. The company also offers its services to utilities, technology, agriculture, and medical industries. It provides valves, actuators, pumps, tanks, and wellhead control panels, CNC Machining, Waterjet, Plasma, Laser Cutting, Welding and Fabrication, control systems, and communication systems among its many products and services. The company operates in North America, South America and is expanding globally with new ventures into Africa and market studies into the European and Asian markets.