MLMN (Millennium Prime) Gross Margin %: 0.00% (As of Jun. 2010)


What is Millennium Prime Gross Margin %?

Millennium Prime MLMN Gross Margin % is 0.00% as of Jun. 2010.

Gross Margin % is calculated as gross profit divided by its revenue. Millennium Prime's Gross Profit for the three months ended in Jun. 2010 was $0.00 Mil. Millennium Prime's Revenue for the three months ended in Jun. 2010 was $0.00 Mil. Therefore, Millennium Prime's Gross Margin % for the quarter that ended in Jun. 2010 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 Millennium Prime's Gross Margin % or its related term are showing as below:


MLMN's Gross Margin % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 42.29
* Ranked among companies with meaningful Gross Margin % only.

Millennium Prime had a gross margin of N/A% for the quarter that ended in Jun. 2010 => No sustainable competitive advantage

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


Millennium Prime  (OTCPK:MLMN) 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

Millennium Prime had a gross margin of N/A% for the quarter that ended in Jun. 2010 => 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.


Millennium Prime Gross Margin % Related Terms


Millennium Prime Gross Margin % Historical Data

* Premium members only.

The historical data trend for Millennium Prime'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.

Millennium Prime Gross Margin % Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.25 0.00 0.00 0.00 0.00

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 0.00 0.00 0.00 0.00 0.00

MLMN vs MLFB, BTDG, GBBT: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime'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.


Millennium Prime Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Millennium Prime's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Millennium Prime's Gross Margin % falls into.



Millennium Prime 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.)

Millennium Prime's Gross Margin for the fiscal year that ended in Sep. 2009 is calculated as

Gross Margin % (A: Sep. 2009 )=Gross Profit (A: Sep. 2009 ) / Revenue (A: Sep. 2009 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Millennium Prime's Gross Margin for the quarter that ended in Jun. 2010 is calculated as


Gross Margin % (Q: Jun. 2010 )=Gross Profit (Q: Jun. 2010 ) / Revenue (Q: Jun. 2010 )
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Millennium Prime (MLMN) has a Gross Margin % of 0.00% as of Jun. 2010. Gross margin is the ratio of total gross profit to net sales. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Gross Margin % too high?
Millennium Prime's current Gross Margin % is 0.00%.
How does Millennium Prime's Gross Margin % compare to MLFB and BTDG?
Millennium Prime's Gross Margin % of 0.00% can be compared against companies in the Beverages - Alcoholic industry. The industry median Gross Margin % is 42.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Millennium Prime and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Prime stock overvalued right now?
Millennium Prime (MLMN) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Gross Margin % is 0.00% as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millennium Prime Business Description

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141
Millennium Prime Inc develops superior lifestyle innovations for the millennial generation. The company's focus is on marketing products for the beverage, apparel, and entertainment categories, where it can achieve a clear and authentic market position by targeting consumers who live a lifestyle filled with high style, artistic edge, and a demand for the products. Through its subsidiary, the company functions as an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka, which has an exclusive bong-shaped bottle.