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VEST (Vestiage) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Vestiage Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vestiage's Gross Profit for the three months ended in Sep. 2024 was $0.00 Mil. Vestiage's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Therefore, Vestiage's Gross Margin % for the quarter that ended in Sep. 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 Vestiage's Gross Margin % or its related term are showing as below:


VEST's Gross Margin % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 36.915
* Ranked among companies with meaningful Gross Margin % only.

Vestiage had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Vestiage Gross Margin % Historical Data

The historical data trend for Vestiage'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.

Vestiage Gross Margin % Chart

Vestiage Annual Data
Trend Dec22 Dec23
Gross Margin %
- -

Vestiage Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Vestiage's Gross Margin %

For the Department Stores subindustry, Vestiage'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.


Vestiage's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vestiage's Gross Margin % distribution charts can be found below:

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


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Vestiage 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.)

Vestiage'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Vestiage's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


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


Vestiage  (OTCPK:VEST) 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

Vestiage had a gross margin of N/A% for the quarter that ended in Sep. 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.


Vestiage Gross Margin % Related Terms

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Vestiage Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, 1113, Lippo Centre Tower 2, Admiralty, HKG
Vestiage Inc is in the fitness event planning industry. It plans events and competitions for fitness gyms within the functional fitness space. It sponsors competitions within local communities and organizes events such as parties and educational seminars. Its services include competition planning, vendor organization, food services, securing competition equipment, and volunteers to work the event. It also plans parties for local gyms such as holiday and new member celebrations.

Vestiage Headlines

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