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Galimmo SCA (LTS:0F6F) Gross Margin % : 93.48% (As of Dec. 2023)


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What is Galimmo SCA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Galimmo SCA's Gross Profit for the six months ended in Dec. 2023 was €22.11 Mil. Galimmo SCA's Revenue for the six months ended in Dec. 2023 was €23.65 Mil. Therefore, Galimmo SCA's Gross Margin % for the quarter that ended in Dec. 2023 was 93.48%.


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

LTS:0F6F' s Gross Margin % Range Over the Past 10 Years
Min: 79.58   Med: 89.94   Max: 94.94
Current: 90.37


During the past 13 years, the highest Gross Margin % of Galimmo SCA was 94.94%. The lowest was 79.58%. And the median was 89.94%.

LTS:0F6F's Gross Margin % is ranked better than
94.26% of 1656 companies
in the Real Estate industry
Industry Median: 36.36 vs LTS:0F6F: 90.37

Galimmo SCA had a gross margin of 93.48% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Galimmo SCA was 0.20% per year.


Galimmo SCA Gross Margin % Historical Data

The historical data trend for Galimmo SCA'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.

Galimmo SCA Gross Margin % Chart

Galimmo SCA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.67 83.37 79.58 89.91 90.37

Galimmo SCA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 84.90 89.83 89.99 87.15 93.48

Competitive Comparison of Galimmo SCA's Gross Margin %

For the Real Estate Services subindustry, Galimmo SCA'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.


Galimmo SCA's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Galimmo SCA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Galimmo SCA's Gross Margin % falls into.



Galimmo SCA Gross Margin % Calculation

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

Galimmo SCA'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 )
=42 / 46.509
=(Revenue - Cost of Goods Sold) / Revenue
=(46.509 - 4.479) / 46.509
=90.37 %

Galimmo SCA's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=22.1 / 23.647
=(Revenue - Cost of Goods Sold) / Revenue
=(23.647 - 1.541) / 23.647
=93.48 %

* 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.


Galimmo SCA  (LTS:0F6F) 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

Galimmo SCA had a gross margin of 93.48% for the quarter that ended in Dec. 2023 => 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.


Galimmo SCA Gross Margin % Related Terms

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Galimmo SCA (LTS:0F6F) Business Description

Traded in Other Exchanges
Address
34 boulevard des Italiens, Paris, FRA, 75009
Galimmo SCA is a real estate company. The real estate activity of the company is to manage, develop and renovate its portfolio of assets. It is engaged in the valuation and management of shopping malls attached to Cora hypermarkets. The company also owns approximately 15% stake in a group that owns 7 galleries in Belgium.

Galimmo SCA (LTS:0F6F) Headlines

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