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Moveix (Moveix) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Moveix Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Moveix's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. Moveix's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Moveix's Gross Margin % for the quarter that ended in Mar. 2024 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 Moveix's Gross Margin % or its related term are showing as below:


During the past 7 years, the highest Gross Margin % of Moveix was 66.67%. The lowest was 66.67%. And the median was 66.67%.

MVXM's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 45.39
* Ranked among companies with meaningful Gross Margin % only.

Moveix had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Moveix Gross Margin % Historical Data

The historical data trend for Moveix'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.

Moveix Gross Margin % Chart

Moveix Annual Data
Trend May16 May17 May18 May20 May21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 66.67 - - - -

Moveix Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May20 Aug20 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Moveix's Gross Margin %

For the Shell Companies subindustry, Moveix'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.


Moveix's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Moveix's Gross Margin % distribution charts can be found below:

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



Moveix 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.)

Moveix'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Moveix's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Moveix  (OTCPK:MVXM) 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

Moveix had a gross margin of N/A% for the quarter that ended in Mar. 2024 => 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.


Moveix Gross Margin % Related Terms

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Moveix (Moveix) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4800 N. Scottsdale Road, Suite 550, Scottsdale, AZ, USA, 85251
Website
Moveix Inc which is in startup stage will engage to buy electric transportation products wholesale from Chinese manufacturers and sell these products via their website. The company products include electric bikes, scooters, segway, and hoverboards.

Moveix (Moveix) Headlines

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