Gismondi 1754 SpA (MIL:GIS) Gross Margin % : 27.71% (As of Jun. 2023)

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What is Gismondi 1754 SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gismondi 1754 SpA's Gross Profit for the six months ended in Jun. 2023 was €2.18 Mil. Gismondi 1754 SpA's Revenue for the six months ended in Jun. 2023 was €7.86 Mil. Therefore, Gismondi 1754 SpA's Gross Margin % for the quarter that ended in Jun. 2023 was 27.71%.

The historical rank and industry rank for Gismondi 1754 SpA's Gross Margin % or its related term are showing as below:

MIL:GIS' s Gross Margin % Range Over the Past 10 Years
Min: 8.82 Med: 21.83 Max: 36.01
Current: 32.43

During the past 5 years, the highest Gross Margin % of Gismondi 1754 SpA was 36.01%. The lowest was 8.82%. And the median was 21.83%.

MIL:GIS's Gross Margin % is ranked worse than
58.49% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.675 vs MIL:GIS: 32.43

Gismondi 1754 SpA had a gross margin of 27.71% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Gismondi 1754 SpA was 11.90% per year.

Gismondi 1754 SpA Gross Margin % Historical Data

The historical data trend for Gismondi 1754 SpA'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.

Gismondi 1754 SpA Gross Margin % Chart

Gismondi 1754 SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Gross Margin %

8.82

34.39

36.01

21.83

20.85

Gismondi 1754 SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial						22.30	19.87	19.89	37.29	27.71

Competitive Comparison of Gismondi 1754 SpA's Gross Margin %

For the Luxury Goods subindustry, Gismondi 1754 SpA'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.

Gismondi 1754 SpA's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gismondi 1754 SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gismondi 1754 SpA's Gross Margin % falls into.

Gismondi 1754 SpA Gross Margin % Calculation

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

Gismondi 1754 SpA's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )	=	Gross Profit (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	2	/	9.717
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.717 - 7.691)	/	9.717
	=	20.85 %

Gismondi 1754 SpA's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2.2	/	7.863
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7.863 - 5.684)	/	7.863
	=	27.71 %

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.

Gismondi 1754 SpA (MIL:GIS) 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

Gismondi 1754 SpA had a gross margin of 27.71% for the quarter that ended in Jun. 2023 => Competition eroding margins

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.

Gismondi 1754 SpA Gross Margin % Related Terms

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Gismondi 1754 SpA (MIL:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gismondi 1754 SpA (MIL:GIS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Galata, 72-74r, Genoa, ITA

Website

https://www.gismondi1754.com

Gismondi 1754 SpA is engaged in creation, production and marketing of jewelry. The company manufactures rings, necklaces, earrings, and pendants. Its brands are Essenza, Noi, Aura, Era, Dedalo, and Prato Fiorito.