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River Global (LSE:RVRG) Gross Margin % : 92.90% (As of Sep. 2024)


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What is River Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. River Global's Gross Profit for the six months ended in Sep. 2024 was £6.43 Mil. River Global's Revenue for the six months ended in Sep. 2024 was £6.92 Mil. Therefore, River Global's Gross Margin % for the quarter that ended in Sep. 2024 was 92.90%.


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

LSE:RVRG' s Gross Margin % Range Over the Past 10 Years
Min: -31.37   Med: 28.14   Max: 96.45
Current: 96.45


During the past 13 years, the highest Gross Margin % of River Global was 96.45%. The lowest was -31.37%. And the median was 28.14%.

LSE:RVRG's Gross Margin % is ranked better than
86.82% of 531 companies
in the Asset Management industry
Industry Median: 54.66 vs LSE:RVRG: 96.45

River Global had a gross margin of 92.90% for the quarter that ended in Sep. 2024 => Durable competitive advantage

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


River Global Gross Margin % Historical Data

The historical data trend for River Global'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.

River Global Gross Margin % Chart

River Global Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -31.37 - - 96.45

River Global Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 135.34 - - - 92.90

Competitive Comparison of River Global's Gross Margin %

For the Asset Management subindustry, River Global'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.


River Global's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, River Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where River Global's Gross Margin % falls into.


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River Global Gross Margin % Calculation

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

River Global's Gross Margin for the fiscal year that ended in Sep. 2024 is calculated as

Gross Margin % (A: Sep. 2024 )=Gross Profit (A: Sep. 2024 ) / Revenue (A: Sep. 2024 )
=13.4 / 13.845
=(Revenue - Cost of Goods Sold) / Revenue
=(13.845 - 0.491) / 13.845
=96.45 %

River Global's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=6.4 / 6.919
=(Revenue - Cost of Goods Sold) / Revenue
=(6.919 - 0.491) / 6.919
=92.90 %

* 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.


River Global  (LSE:RVRG) 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

River Global had a gross margin of 92.90% for the quarter that ended in Sep. 2024 => 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.


River Global Gross Margin % Related Terms

Thank you for viewing the detailed overview of River Global's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


River Global Business Description

Traded in Other Exchanges
Address
30 Coleman Street, Monmouth, GBR, EC2R 5AL
River Global PLC is principally involved in the provision of asset and wealth management services.

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