Milestone Medical (WAR:MMD) Gross Margin % : -212.00% (As of Sep. 2023)

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What is Milestone Medical Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Milestone Medical's Gross Profit for the three months ended in Sep. 2023 was zł-0.05 Mil. Milestone Medical's Revenue for the three months ended in Sep. 2023 was zł0.03 Mil. Therefore, Milestone Medical's Gross Margin % for the quarter that ended in Sep. 2023 was -212.00%.

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

WAR:MMD's Gross Margin % is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 52.005
* Ranked among companies with meaningful Gross Margin % only.

Milestone Medical had a gross margin of -212.00% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

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

Milestone Medical Gross Margin % Historical Data

The historical data trend for Milestone Medical'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.

Milestone Medical Gross Margin % Chart

Milestone Medical Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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-124.29

31.61

-220.00

58.62

-1,026.27

Milestone Medical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															78.38	5,241.67	-	4,137.50	-212.00

Competitive Comparison of Milestone Medical's Gross Margin %

For the Medical Instruments & Supplies subindustry, Milestone Medical'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.

Milestone Medical's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Milestone Medical's Gross Margin % distribution charts can be found below:

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

Milestone Medical Gross Margin % Calculation

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

Milestone Medical's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-2.2	/	0.217
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.217 - 2.444)	/	0.217
	=	-1,026.27 %

Milestone Medical's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-0.1	/	0.025
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.025 - 0.078)	/	0.025
	=	-212.00 %

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.

Milestone Medical (WAR:MMD) 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

Milestone Medical had a gross margin of -212.00% for the quarter that ended in Sep. 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.

Milestone Medical Gross Margin % Related Terms

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Milestone Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Milestone Medical Inc (WAR:MMD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

425 Eagle Rock Avenue, Suite 403, Roseland, NJ, USA, NJ 07068

Website

https://www.medicalmilestone.com

Milestone Medical Inc is a United States-based company engaged in the development and commercialization of epidural and intra-articular and epidural drug delivery systems in the United State. Its products include a Dynamic Pressure Sensing instrument, that measures the density of body tissue and helps clinicians know the location of a hypodermic needle during an injection; and an intra-articular injection instrument that is used to inject into various joints in the treatment of arthritis and other joint conditions.