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Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Gross Margin % : 11.92% (As of Dec. 2023)


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What is Future Kid Entertainment and Real Estate Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Future Kid Entertainment and Real Estate Co's Gross Profit for the three months ended in Dec. 2023 was KWD0.17 Mil. Future Kid Entertainment and Real Estate Co's Revenue for the three months ended in Dec. 2023 was KWD1.43 Mil. Therefore, Future Kid Entertainment and Real Estate Co's Gross Margin % for the quarter that ended in Dec. 2023 was 11.92%.


The historical rank and industry rank for Future Kid Entertainment and Real Estate Co's Gross Margin % or its related term are showing as below:

KUW:FUTUREKID' s Gross Margin % Range Over the Past 10 Years
Min: -226.25   Med: 32.74   Max: 38.35
Current: 32.71


During the past 13 years, the highest Gross Margin % of Future Kid Entertainment and Real Estate Co was 38.35%. The lowest was -226.25%. And the median was 32.74%.

KUW:FUTUREKID's Gross Margin % is ranked worse than
66.62% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.25 vs KUW:FUTUREKID: 32.71

Future Kid Entertainment and Real Estate Co had a gross margin of 11.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Future Kid Entertainment and Real Estate Co was 0.00% per year.


Future Kid Entertainment and Real Estate Co Gross Margin % Historical Data

The historical data trend for Future Kid Entertainment and Real Estate Co'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.

Future Kid Entertainment and Real Estate Co Gross Margin % Chart

Future Kid Entertainment and Real Estate Co Annual Data
Trend Dec10 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.12 -226.25 -43.57 36.80 32.70

Future Kid Entertainment and Real Estate Co 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 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 37.97 32.31 41.74 36.74 11.92

Competitive Comparison of Future Kid Entertainment and Real Estate Co's Gross Margin %

For the Leisure subindustry, Future Kid Entertainment and Real Estate Co'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.


Future Kid Entertainment and Real Estate Co's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Future Kid Entertainment and Real Estate Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Future Kid Entertainment and Real Estate Co's Gross Margin % falls into.



Future Kid Entertainment and Real Estate Co Gross Margin % Calculation

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

Future Kid Entertainment and Real Estate Co'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 )
=2.5 / 7.742
=(Revenue - Cost of Goods Sold) / Revenue
=(7.742 - 5.21) / 7.742
=32.70 %

Future Kid Entertainment and Real Estate Co'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 )
=0.2 / 1.426
=(Revenue - Cost of Goods Sold) / Revenue
=(1.426 - 1.256) / 1.426
=11.92 %

* 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.


Future Kid Entertainment and Real Estate Co  (KUW:FUTUREKID) 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

Future Kid Entertainment and Real Estate Co had a gross margin of 11.92% 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.


Future Kid Entertainment and Real Estate Co Gross Margin % Related Terms

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Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Business Description

Traded in Other Exchanges
N/A
Address
Free Zone Area, Futur Ara, Block D20, P.O. Box 4277, Al-Safat, KWT, 13043
Future Kid Entertainment and Real Estate Co operates and manages family entertainment centers in Kuwait. It provides recreational services for kids and families. It also operates entertainment complexes which include facilities like games & aqua parks. It also engages in the acquisition, development, and sale of real estate and lands. It derives revenue from customer charges and game cards used for games available in different branches.

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Headlines

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