Grand Harbour Marina (MAL:GHM) Gross Margin % : 78.74% (As of Jun. 2023)

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What is Grand Harbour Marina Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grand Harbour Marina's Gross Profit for the six months ended in Jun. 2023 was €1.64 Mil. Grand Harbour Marina's Revenue for the six months ended in Jun. 2023 was €2.08 Mil. Therefore, Grand Harbour Marina's Gross Margin % for the quarter that ended in Jun. 2023 was 78.74%.

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

MAL:GHM' s Gross Margin % Range Over the Past 10 Years
Min: 74.77 Med: 79.91 Max: 81.58
Current: 78.66

During the past 13 years, the highest Gross Margin % of Grand Harbour Marina was 81.58%. The lowest was 74.77%. And the median was 79.91%.

MAL:GHM's Gross Margin % is ranked better than
86.2% of 768 companies
in the Travel & Leisure industry
Industry Median: 43.21 vs MAL:GHM: 78.66

Grand Harbour Marina had a gross margin of 78.74% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grand Harbour Marina was 1.10% per year.

Grand Harbour Marina Gross Margin % Historical Data

The historical data trend for Grand Harbour Marina'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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Grand Harbour Marina Gross Margin % Chart

Grand Harbour Marina Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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74.77

80.37

79.65

81.58

80.16

Grand Harbour Marina Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial															80.03	83.34	82.18	78.58	78.74

Competitive Comparison of Grand Harbour Marina's Gross Margin %

For the Leisure subindustry, Grand Harbour Marina'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.

Grand Harbour Marina's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grand Harbour Marina's Gross Margin % falls into.

Grand Harbour Marina Gross Margin % Calculation

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

Grand Harbour Marina's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	3.1	/	3.902
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.902 - 0.774)	/	3.902
	=	80.16 %

Grand Harbour Marina's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	1.6	/	2.079
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.079 - 0.442)	/	2.079
	=	78.74 %

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.

Grand Harbour Marina (MAL:GHM) 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

Grand Harbour Marina had a gross margin of 78.74% for the quarter that ended in Jun. 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.

Grand Harbour Marina Gross Margin % Related Terms

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Grand Harbour Marina (MAL:GHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Harbour Marina PLC (MAL:GHM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721

Website

https://www.cnmarinas.com

Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are the acquisition, development, operation, and management of marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.