MLMN (Millennium Prime) Gross Profit: $0.00 Mil (TTM As of Jun. 2010)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Millennium Prime Gross Profit?

Millennium Prime MLMN Gross Profit is $0.00 Mil as of Jun. 2010.

Millennium Prime's gross profit for the three months ended in Jun. 2010 was $0.00 Mil. Millennium Prime's gross profit for the trailing twelve months (TTM) ended in Jun. 2010 was $0.00 Mil.

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 N/A%.

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


Millennium Prime  (OTCPK:MLMN) 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

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


Millennium Prime Gross Profit Related Terms


Millennium Prime Gross Profit Historical Data

* Premium members only.

The historical data trend for Millennium Prime'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.

Millennium Prime Gross Profit Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 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 Profit 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 Profit Comparison

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


Millennium Prime Gross Profit vs Beverages - Alcoholic Industry

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

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



Millennium Prime Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Sep. 2009 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

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

Gross Profit (Q: Jun. 2010 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (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 quarter that ended in Jun. 2010 is calculated as

Gross Margin % (Q: Jun. 2010 )=Gross Profit (Q: Jun. 2010 ) / Revenue (Q: Jun. 2010 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 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 Profit →
What does a Gross Profit of $0.00 Mil mean?
Millennium Prime (MLMN) has a Gross Profit of $0.00 Mil as of Jun. 2010. Gross Profit equals net sales less total cost of goods sold. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Gross Profit too high?
Millennium Prime's current Gross Profit is $0.00 Mil.
How does Millennium Prime's Gross Profit compare to MLFB and BTDG?
Millennium Prime's Gross Profit of $0.00 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Beverages - Alcoholic company?
A good Gross Profit depends on the Beverages - Alcoholic industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Millennium Prime and its competitors. Millennium Prime's current Gross Profit is $0.00 Mil. 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 Profit of $0.00 Mil. The current Gross Profit is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Gross Profit is $0.00 Mil 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.