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Basic-Fit NV (LTS:0RHD) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Basic-Fit NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Basic-Fit NV's Gross Profit for the three months ended in Jun. 2024 was €0 Mil. Basic-Fit NV's Revenue for the three months ended in Jun. 2024 was €0 Mil. Therefore, Basic-Fit NV's Gross Margin % for the quarter that ended in Jun. 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 Basic-Fit NV's Gross Margin % or its related term are showing as below:


During the past 11 years, the highest Gross Margin % of Basic-Fit NV was 99.46%. The lowest was 95.92%. And the median was 97.52%.

LTS:0RHD's Gross Margin % is not ranked *
in the Travel & Leisure industry.
Industry Median: 44
* Ranked among companies with meaningful Gross Margin % only.

Basic-Fit NV had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Basic-Fit NV was -0.10% per year.


Basic-Fit NV Gross Margin % Historical Data

The historical data trend for Basic-Fit NV'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.

Basic-Fit NV Gross Margin % Chart

Basic-Fit NV 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 97.22 96.16 95.92 97.18 96.98

Basic-Fit NV Quarterly Data
Jun15 Dec15 Mar16 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Competitive Comparison of Basic-Fit NV's Gross Margin %

For the Leisure subindustry, Basic-Fit NV'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.


Basic-Fit NV's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Basic-Fit NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Basic-Fit NV's Gross Margin % falls into.



Basic-Fit NV 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.)

Basic-Fit NV'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 )
=1015.7 / 1047.247
=(Revenue - Cost of Goods Sold) / Revenue
=(1047.247 - 31.583) / 1047.247
=96.98 %

Basic-Fit NV's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 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.


Basic-Fit NV  (LTS:0RHD) 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

Basic-Fit NV had a gross margin of N/A% for the quarter that ended in Jun. 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.


Basic-Fit NV Gross Margin % Related Terms

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Basic-Fit NV Business Description

Traded in Other Exchanges
Address
Wegalaan 60, Hoofddorp, NH, NLD, 2132 JC
Basic-Fit NV is in the business of operating fitness clubs. It follows a straightforward membership model with Easy, Smart, and Flex formats with different payment options and duration. It has five operating segments: the Netherlands, Belux (Belgium and Luxembourg)France, Spain, and Germany.

Basic-Fit NV Headlines

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