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Gigantelmon AS (FRA:96M) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Gigantelmon AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gigantelmon AS's Gross Profit for the three months ended in Mar. 2024 was €0.00 Mil. Gigantelmon AS's Revenue for the three months ended in Mar. 2024 was €0.00 Mil. Therefore, Gigantelmon AS's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


FRA:96M's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 25.25
* Ranked among companies with meaningful Gross Margin % only.

Gigantelmon AS had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Gigantelmon AS Gross Margin % Historical Data

The historical data trend for Gigantelmon AS'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.

Gigantelmon AS Gross Margin % Chart

Gigantelmon AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - - - -

Gigantelmon AS Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Gigantelmon AS's Gross Margin %

For the Farm Products subindustry, Gigantelmon AS'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.


Gigantelmon AS's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gigantelmon AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gigantelmon AS's Gross Margin % falls into.



Gigantelmon AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Gigantelmon AS'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 )
=0 / 0.005
=(Revenue - Cost of Goods Sold) / Revenue
=(0.005 - 0) / 0.005
=N/A %

Gigantelmon AS's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Gigantelmon AS  (FRA:96M) 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

Gigantelmon AS had a gross margin of N/A% for the quarter that ended in Mar. 2024 => 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.


Gigantelmon AS Gross Margin % Related Terms

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Gigantelmon AS (FRA:96M) Business Description

Traded in Other Exchanges
Address
Sjogata 21, Bodo, NOR, 8006
Gigante Salmon AS is engaged in the salmon farming business.

Gigantelmon AS (FRA:96M) Headlines

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