Mad Paws Holdings (ASX:MPA) Gross Margin % : 60.67% (As of Dec. 2023)

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What is Mad Paws Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mad Paws Holdings's Gross Profit for the six months ended in Dec. 2023 was A$8.45 Mil. Mad Paws Holdings's Revenue for the six months ended in Dec. 2023 was A$13.93 Mil. Therefore, Mad Paws Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 60.67%.

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

ASX:MPA' s Gross Margin % Range Over the Past 10 Years
Min: 58.16 Med: 67.29 Max: 86.16
Current: 59.01

During the past 4 years, the highest Gross Margin % of Mad Paws Holdings was 86.16%. The lowest was 58.16%. And the median was 67.29%.

ASX:MPA's Gross Margin % is ranked better than
66.02% of 103 companies
in the Personal Services industry
Industry Median: 45.08 vs ASX:MPA: 59.01

Mad Paws Holdings had a gross margin of 60.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Mad Paws Holdings Gross Margin % Historical Data

The historical data trend for Mad Paws 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.

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Mad Paws Holdings Gross Margin % Chart

Mad Paws Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Gross Margin %

86.16

67.29

58.16

Mad Paws Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			68.38	66.79	59.32	57.08	60.67

Competitive Comparison of Mad Paws Holdings's Gross Margin %

For the Personal Services subindustry, Mad Paws 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.

Mad Paws Holdings's Gross Margin % Distribution in the Personal Services Industry

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

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

Mad Paws Holdings Gross Margin % Calculation

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

Mad Paws Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	13.6	/	23.382
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(23.382 - 9.783)	/	23.382
	=	58.16 %

Mad Paws Holdings'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 )
	=	8.5	/	13.933
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13.933 - 5.48)	/	13.933
	=	60.67 %

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.

Mad Paws Holdings (ASX:MPA) 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

Mad Paws Holdings had a gross margin of 60.67% for the quarter that ended in Dec. 2023 => Durable 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.

Mad Paws Holdings Gross Margin % Related Terms

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Mad Paws Holdings (ASX:MPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mad Paws Holdings Ltd (ASX:MPA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.madpaws.com.au

Mad Paws Holdings Ltd is an Australian-based pet services business whose primary activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, daycare, and grooming, with pet sitters, walkers, and other pet service providers registered on the marketplace. The company operates in two segments, marketplace, and E-commerce & subscription. The majority of revenue is derived from e-commerce & subscription segments.