The historical rank and industry rank for I Love Lund AB's Gross Margin % or its related term are showing as below:
XSAT:LOVE B'
s Gross Margin % Range Over the Past 10 Years
Min: -3610 Med: 18.16 Max: 410.7
Current: 62.32
During the past 4 years, the highestGross Margin % of I Love Lund AB was 410.70%. The lowest was -3610.00%. And the median was 18.16%.
XSAT:LOVE B's Gross Margin % is ranked better than 59.85% of 528
companies
in the Asset Management industry
Industry Median: 51.56
vs XSAT:LOVE B: 62.32
I Love Lund AB had a gross margin of -574.07% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for I Love Lund AB was 0.00% per year.
I Love Lund AB Gross Margin % Historical Data
The historical data trend for I Love Lund AB'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.
Competitive Comparison of I Love Lund AB's Gross Margin %
For the Asset Management subindustry, I Love Lund AB'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.
I Love Lund AB's Gross Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, I Love Lund AB's Gross Margin % distribution charts can be found below:
* The bar in red indicates where I Love Lund AB's Gross Margin % falls into.
* 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.
I Love Lund AB (XSAT:LOVE B) 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
I Love Lund AB had a gross margin of -574.07% 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.
I Love Lund AB Gross Margin % Related Terms
Thank you for viewing the detailed overview of I Love Lund AB's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
I Love Lund AB is an investment company that invests in companies based in Lund. It invests broadly across all sectors and with the main focus on pre-seed companies. The portfolio's return objective is to achieve a return over a business cycle that is as good as equivalent references.
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