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mF International (mF International) Gross Margin %

: 52.73% (As of Dec. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. mF International's Gross Profit for the six months ended in Dec. 2022 was $2.37 Mil. mF International's Revenue for the six months ended in Dec. 2022 was $4.49 Mil. Therefore, mF International's Gross Margin % for the quarter that ended in Dec. 2022 was 52.73%.


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


MFI's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.71
* Ranked among companies with meaningful Gross Margin % only.

mF International had a gross margin of 52.73% for the quarter that ended in Dec. 2022 => Durable competitive advantage

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


mF International Gross Margin % Historical Data

The historical data trend for mF International'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.

mF International Annual Data
Trend Dec21 Dec22
Gross Margin %
49.54 52.73

mF International Semi-Annual Data
Dec21 Dec22
Gross Margin % 49.54 52.73

Competitive Comparison

For the Software - Application subindustry, mF International'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.


mF International Gross Margin % Distribution

For the Software industry and Technology sector, mF International's Gross Margin % distribution charts can be found below:

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



mF International Gross Margin % Calculation

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

mF International'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 )
=2.4 / 4.487
=(Revenue - Cost of Goods Sold) / Revenue
=(4.487 - 2.121) / 4.487
=52.73 %

mF International's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=2.4 / 4.487
=(Revenue - Cost of Goods Sold) / Revenue
=(4.487 - 2.121) / 4.487
=52.73 %

* 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.


mF International  (NAS:MFI) 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

mF International had a gross margin of 52.73% for the quarter that ended in Dec. 2022 => 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.


mF International Gross Margin % Related Terms

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mF International (mF International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG
mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has approximately 20 years of experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.

mF International (mF International) Headlines