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Mallett (LSE:MAEA) Gross Profit : £0.40 Mil (TTM As of Jun. 2014)


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What is Mallett Gross Profit?

Mallett's gross profit for the six months ended in Jun. 2014 was £0.06 Mil. Mallett's gross profit for the trailing twelve months (TTM) ended in Jun. 2014 was £0.40 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mallett's gross profit for the six months ended in Jun. 2014 was £0.06 Mil. Mallett's Revenue for the six months ended in Jun. 2014 was £4.39 Mil. Therefore, Mallett's Gross Margin % for the quarter that ended in Jun. 2014 was 1.46%.

Mallett had a gross margin of 1.46% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Mallett was 100.00%. The lowest was -32.92%. And the median was 23.17%.


Mallett Gross Profit Historical Data

The historical data trend for Mallett's Gross Profit 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.

Mallett Gross Profit Chart

Mallett Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.25 0.65 1.19 1.34

Mallett Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Gross Profit 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 0.81 0.38 1.01 0.34 0.06

Competitive Comparison of Mallett's Gross Profit

For the Specialty Retail subindustry, Mallett's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Mallett's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mallett's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mallett's Gross Profit falls into.



Mallett Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Mallett's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=11.776 - 10.433
=1.34

Mallett's Gross Profit for the quarter that ended in Jun. 2014 is calculated as

Gross Profit (Q: Jun. 2014 )=Revenue - Cost of Goods Sold
=4.391 - 4.327
=0.06

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.40 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Mallett's Gross Margin % for the quarter that ended in Jun. 2014 is calculated as

Gross Margin % (Q: Jun. 2014 )=Gross Profit (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.06 / 4.391
=1.46 %

* 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.


Mallett  (LSE:MAEA) Gross Profit 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

Mallett had a gross margin of 1.46% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage


Mallett Gross Profit Related Terms

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Mallett (LSE:MAEA) Business Description

Traded in Other Exchanges
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Address
Mallett PLC is engaged in dealing in antique furniture and works of art. Its activities are split into four business segments: dealing in antique furniture and objets d'art through Mallett; dealing in fine art through James Harvey British Art; designing and manufacturing contemporary furniture and works of art through Meta; and providing restoration services through Hatfields. The group has operations in two geographic regions, namely, UK and US.

Mallett (LSE:MAEA) Headlines

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