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American International Holdings (American International Holdings) Gross Margin % : -30.00% (As of Mar. 2023)


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What is American International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. American International Holdings's Gross Profit for the three months ended in Mar. 2023 was $-0.02 Mil. American International Holdings's Revenue for the three months ended in Mar. 2023 was $0.05 Mil. Therefore, American International Holdings's Gross Margin % for the quarter that ended in Mar. 2023 was -30.00%.


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


AMIH's Gross Margin % is not ranked *
in the Personal Services industry.
Industry Median: 45.08
* Ranked among companies with meaningful Gross Margin % only.

American International Holdings had a gross margin of -30.00% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

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


American International Holdings Gross Margin % Historical Data

The historical data trend for American International Holdings'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.

American International Holdings Gross Margin % Chart

American International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.59 - -100.00 90.32

American International Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 90.00 -66.67 - - -30.00

Competitive Comparison of American International Holdings's Gross Margin %

For the Personal Services subindustry, American International Holdings'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.


American International Holdings's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, American International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where American International Holdings's Gross Margin % falls into.



American International Holdings Gross Margin % Calculation

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

American International Holdings'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 )
=0.1 / 0.062
=(Revenue - Cost of Goods Sold) / Revenue
=(0.062 - 0.006) / 0.062
=90.32 %

American International Holdings's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=-0 / 0.05
=(Revenue - Cost of Goods Sold) / Revenue
=(0.05 - 0.065) / 0.05
=-30.00 %

* 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.


American International Holdings  (OTCPK:AMIH) 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

American International Holdings had a gross margin of -30.00% for the quarter that ended in Mar. 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.


American International Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of American International Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


American International Holdings (American International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
205S Bailey Street, Electra, TX, USA, 76360
American International Holdings Corp is a diversified holding company. The firm is engaged in acquiring, managing and operating health, wellness and medical spa/treatment facilities across the United States and abroad.
Executives
Michael David Mclaren director, 10 percent owner, officer: Chief Executive Officer 205 S BAILEY STREET, ELECTRA TX 76360
Gary Giles director 2632 TORREY PINE DRIVE, FORT WORTH TX 76109
Marble Trital Inc. 10 percent owner 90 STATE STREET, SUITE 700, OFFICE 40, ALBANY NY 12207
Kenny Myers director 5101 ADDISON CIRCLE,, UNIT 401,, ADDISON TX 75001
Lorraine Pamela D'alessio director 8200 WILSHIRE BLVD, BEVERLY HILLS, CALIFORNIA CA 90211
Peter Casey Jensen director 1052 MONTE CRISTO, PHOENIX AZ 85022
Jacob D. Cohen director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 2101 GLENDALE DRIVE, PLANO TX 75023
Luis Alan Hernandez director, 10 percent owner, officer: CHIEF MARKETING OFFICER 11222 RICHMOND AVENUE SUITE 195, HOUSTON TX 77082
Esteban Alexander director, 10 percent owner, officer: CHIEF OPERATING OFFICER 11222 RICHMOND AVENUE, SUITE 195, HOUSTON TX 77082
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Stump John W Iii other: Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Sherry Lynne Couturier officer: VP & CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
American International Industries Inc 10 percent owner 601 CIEN ST, SUITE 235, KEMAH TX 77565-2701
Gary D Woerz officer: President and CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565

American International Holdings (American International Holdings) Headlines

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