Aegis Brands (TSX:AEG) Gross Margin % : -11.07% (As of Dec. 2023)

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What is Aegis Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aegis Brands's Gross Profit for the three months ended in Dec. 2023 was C$0.82 Mil. Aegis Brands's Revenue for the three months ended in Dec. 2023 was C$-7.38 Mil. Therefore, Aegis Brands's Gross Margin % for the quarter that ended in Dec. 2023 was -11.07%.

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

TSX:AEG' s Gross Margin % Range Over the Past 10 Years
Min: -34.78 Med: 30.33 Max: 61.7
Current: 61.7

During the past 13 years, the highest Gross Margin % of Aegis Brands was 61.70%. The lowest was -34.78%. And the median was 30.33%.

TSX:AEG's Gross Margin % is ranked better than
70.55% of 343 companies
in the Restaurants industry
Industry Median: 47.41 vs TSX:AEG: 61.70

Aegis Brands had a gross margin of -11.07% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

Aegis Brands Gross Margin % Historical Data

The historical data trend for Aegis Brands'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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Aegis Brands Gross Margin % Chart

Aegis Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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48.98

24.45

-34.78

49.72

Aegis Brands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															9.19	53.23	34.48	33.61	-11.07

Competitive Comparison of Aegis Brands's Gross Margin %

For the Restaurants subindustry, Aegis Brands'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.

Aegis Brands's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Aegis Brands's Gross Margin % distribution charts can be found below:

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

Aegis Brands Gross Margin % Calculation

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

Aegis Brands'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 )
	=	8.4	/	16.94
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(16.94 - 8.517)	/	16.94
	=	49.72 %

Aegis Brands'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 )
	=	0.8	/	-7.38
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(-7.38 - -8.197)	/	-7.38
	=	-11.07 %

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.

Aegis Brands (TSX:AEG) 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

Aegis Brands had a gross margin of -11.07% 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.

Aegis Brands Gross Margin % Related Terms

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Aegis Brands (TSX:AEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Aegis Brands Inc. (TSX:AEG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

SCUPF:USA

Address

2040 Yonge Street, Suite 200B, Toronto, ON, CAN, M4S 1Z9

Website

https://www.aegisbrands.ca

Aegis Brands Inc. is a consolidator of brands in the food and beverage space with the view to allow entrepreneurial spirit while providing shared services that encourage unlimited growth.. The company operates the Second Cup Coffee Co TM specialty coffee business as part of a portfolio of brands that also includes its retail brands Bridgehead Coffee and Hemisphere Cannabis CoTM. The company owns the trademarks, trade names, operating procedures and systems and other intellectual property used in connection with the operation of these brands in Canada. Its revenues comprise royalties from franchised cafes, the sale of goods from company-operated cafes and retail cannabis dispensaries, the sale of goods through retail and other ancillary channels, and other service fees.