Front Ventures (NGM:FRNT B) Gross Margin %: -15,338.46% (As of Dec. 2025)

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NGM:FRNT B Front Ventures NGM:FRNT B
47 GF Score
Price kr14.06
GF Value kr2.54
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Front Ventures Gross Margin %?

Front Ventures NGM:FRNT B +3.84% 47 Gross Margin % is -15,338.46% as of Dec. 2025. GuruFocus rates NGM:FRNT B with a GF Score™ of 47/100 and a GF Value™ of kr2.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 388 Credit Services companies, Front Ventures ranks worse than 96.91% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Front Ventures's Gross Profit for the six months ended in Dec. 2025 was kr-3.99 Mil. Front Ventures's Revenue for the six months ended in Dec. 2025 was kr0.03 Mil. Therefore, Front Ventures's Gross Margin % for the quarter that ended in Dec. 2025 was -15,338.46%.


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

NGM:FRNT B' s Gross Margin % Range Over the Past 10 Years
Min: -268.44   Med: 68.8   Max: 85
Current: -79.7


During the past 11 years, the highest Gross Margin % of Front Ventures was 85.00%. The lowest was -268.44%. And the median was 68.80%.

NGM:FRNT B's Gross Margin % is ranked worse than
96.91% of 388 companies
in the Credit Services industry
Industry Median: 51.845 vs NGM:FRNT B: -79.70

Front Ventures had a gross margin of -15,338.46% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

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


Front Ventures  (NGM:FRNT B) 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

Front Ventures had a gross margin of -15,338.46% for the quarter that ended in Dec. 2025 => 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.


Front Ventures Gross Margin % Related Terms


Front Ventures Gross Margin % Historical Data

* Premium members only.

The historical data trend for Front Ventures'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.

Front Ventures Gross Margin % Chart

Front Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.00 70.86 49.14 -75.87 81.79

Front Ventures Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -71.78 -206.66 -813.47 20.61 -15,338.46

NGM:FRNT B vs V, MA, AXP: Gross Margin % Comparison

For the Credit Services subindustry, Front Ventures'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.


Front Ventures Gross Margin % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Front Ventures's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Front Ventures's Gross Margin % falls into.


NGM:FRNT B
47GF Score
Front Ventures NGM:FRNT B
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Front Ventures Gross Margin % Calculation

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

Front Ventures's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3.2 / 3.926
=(Revenue - Cost of Goods Sold) / Revenue
=(3.926 - 0.715) / 3.926
=81.79 %

Front Ventures's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-4 / 0.026
=(Revenue - Cost of Goods Sold) / Revenue
=(0.026 - 4.014) / 0.026
=-15,338.46 %

* 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 -15,338.46% mean?
Front Ventures (NGM:FRNT B) has a Gross Margin % of -15,338.46% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Front Ventures and its competitors. According to the industry distribution chart, Front Ventures ranks #376 out of 388 companies in the Credit Services industry, placing it in the top 96.9%.
Is Front Ventures' Gross Margin % too high?
Front Ventures' current Gross Margin % is -15,338.46%. Based on the distribution chart, Front Ventures ranks #376 out of 388 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Front Ventures has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Front Ventures' Gross Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Front Ventures ranks #376 out of 388 companies for Gross Margin %. This places Front Ventures in the lower half of its industry. The industry median Gross Margin % is 51.85. 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 Credit Services company?
The median Gross Margin % among Credit Services companies is 51.85, based on 388 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 Front Ventures and its competitors. For the Credit Services industry, the median Gross Margin % is 51.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Front Ventures's current Gross Margin % is -15,338.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Front Ventures stock overvalued right now?
Based on GuruFocus' analysis, Front Ventures (NGM:FRNT B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.54, compared to a current price of kr14.06 — trading 453.5% above its estimated fair value. The current Gross Margin % is -15,338.46%. Front Ventures' overall GF Score™ is 47/100 with 4 warning signs to review. 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 Front Ventures (NGM:FRNT B), the current Gross Margin % is -15,338.46% as of Dec. 2025. 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.

Is Front Ventures (NGM:FRNT B) Overvalued in 2026?

Based on GuruFocus' analysis, Front Ventures stock appears to be overvalued. The current stock price of kr14.06 is trading 453.5% above its estimated GF Value™ of kr2.54. GuruFocus considers Front Ventures to be Significantly Overvalued.

Key valuation signals for NGM:FRNT B:

  • Gross Margin %: -15,338.46%
  • GF Value™: kr2.54 vs. price of kr14.06 (453.5% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the NGM:FRNT B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Front Ventures Business Description

Address Sibyllegatan 9, Stockholm, SWE, 114 42
Front Ventures is an investment company that focuses on the fintech sector. The firm focuses on acquiring and growing smaller public and unlisted companies, including those that may be undergoing a turnaround or need growth capital.
47GF Score

Get the complete analysis for NGM:FRNT B

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr14.06
Price
kr2.54
GF Value