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Lion Group Holding's gross profit for the six months ended in Dec. 2023 was $2.33 Mil. Lion Group Holding's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $10.06 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Lion Group Holding's gross profit for the six months ended in Dec. 2023 was $2.33 Mil. Lion Group Holding's Revenue for the six months ended in Dec. 2023 was $7.00 Mil. Therefore, Lion Group Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 33.26%.
Lion Group Holding had a gross margin of 33.26% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 6 years, the highest Gross Margin % of Lion Group Holding was 344.62%. The lowest was -9.07%. And the median was 48.63%.
The historical data trend for Lion Group Holding's Gross Profit 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.
Lion Group Holding Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Gross Profit | Get a 7-Day Free Trial | 12.29 | 3.28 | 10.66 | -12.37 | 10.06 |
Lion Group Holding Semi-Annual Data | |||||||||||
Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | |
Gross Profit | Get a 7-Day Free Trial | 13.71 | -10.24 | -2.12 | 7.73 | 2.33 |
For the Capital Markets subindustry, Lion Group Holding's Gross Profit, along with its competitors' market caps and Gross Profit 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.
For the Capital Markets industry and Financial Services sector, Lion Group Holding's Gross Profit distribution charts can be found below:
* The bar in red indicates where Lion Group Holding's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Lion Group Holding's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit (A: Dec. 2023 ) | = | Revenue | - | Cost of Goods Sold |
= | 19.928 | - | 9.871 | |
= | 10.06 |
Lion Group Holding's Gross Profit for the quarter that ended in Dec. 2023 is calculated as
Gross Profit (Q: Dec. 2023 ) | = | Revenue | - | Cost of Goods Sold |
= | 6.997 | - | 4.67 | |
= | 2.33 |
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $10.06 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Lion Group Holding's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as
Gross Margin % (Q: Dec. 2023 ) | = | Gross Profit (Q: Dec. 2023 ) | / | Revenue (Q: Dec. 2023 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 2.33 | / | 6.997 | |
= | 33.26 % |
* 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.
Lion Group Holding (NAS:LGHL) Gross Profit 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
Lion Group Holding had a gross margin of 33.26% for the quarter that ended in Dec. 2023 => Competition eroding margins
Thank you for viewing the detailed overview of Lion Group Holding's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
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