Ten Lifestyle Group (LSE:TENG) Gross Margin % : 90.02% (As of Feb. 2024)

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What is Ten Lifestyle Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ten Lifestyle Group's Gross Profit for the six months ended in Feb. 2024 was £29.95 Mil. Ten Lifestyle Group's Revenue for the six months ended in Feb. 2024 was £33.27 Mil. Therefore, Ten Lifestyle Group's Gross Margin % for the quarter that ended in Feb. 2024 was 90.02%.

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

LSE:TENG' s Gross Margin % Range Over the Past 10 Years
Min: 90.19 Med: 93.23 Max: 96.6
Current: 90.19

During the past 9 years, the highest Gross Margin % of Ten Lifestyle Group was 96.60%. The lowest was 90.19%. And the median was 93.23%.

LSE:TENG's Gross Margin % is ranked better than
92.99% of 770 companies
in the Travel & Leisure industry
Industry Median: 43.215 vs LSE:TENG: 90.19

Ten Lifestyle Group had a gross margin of 90.02% for the quarter that ended in Feb. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ten Lifestyle Group was 0.40% per year.

Ten Lifestyle Group Gross Margin % Historical Data

The historical data trend for Ten Lifestyle Group'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.

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Ten Lifestyle Group Gross Margin % Chart

Ten Lifestyle Group Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Gross Margin %

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90.68

93.59

96.60

93.28

91.47

Ten Lifestyle Group Semi-Annual Data
	Aug15	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Gross Margin %	Get a 7-Day Free Trial											94.32	92.48	92.66	90.35	90.02

Competitive Comparison of Ten Lifestyle Group's Gross Margin %

For the Travel Services subindustry, Ten Lifestyle Group'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.

Ten Lifestyle Group's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ten Lifestyle Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ten Lifestyle Group's Gross Margin % falls into.

Ten Lifestyle Group Gross Margin % Calculation

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

Ten Lifestyle Group's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )	=	Gross Profit (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	61	/	66.656
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(66.656 - 5.685)	/	66.656
	=	91.47 %

Ten Lifestyle Group's Gross Margin for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )	=	Gross Profit (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	29.9	/	33.266
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(33.266 - 3.32)	/	33.266
	=	90.02 %

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.

Ten Lifestyle Group (LSE:TENG) 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

Ten Lifestyle Group had a gross margin of 90.02% for the quarter that ended in Feb. 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.

Ten Lifestyle Group Gross Margin % Related Terms

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Ten Lifestyle Group (LSE:TENG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ten Lifestyle Group PLC (LSE:TENG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

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Address

355 Euston Road, 2nd Floor, Fitzroy House, London, GBR, NW1 3AL

Website

https://www.tenlifestylegroup.com

Ten Lifestyle Group PLC is a technology-enabled lifestyle and travel platform company. It assists its customers to discover, organize, and book travel, dining, and live entertainment to save time and money. The company's geographical segments include Europe, the Middle East and Africa (EMEA), North and South America (The Americas) and Asia-Pacific (APAC). It offers a range of product platforms such as Ten Digital Platforms Ten MAID (management and information delivery) and others. The company derives revenue mainly from service fees that are paid by its corporate clients, under contracts.

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