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Rich Goldman Holdings (STU:MRU3) Gross Profit : €10.83 Mil (TTM As of Dec. 2023)


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What is Rich Goldman Holdings Gross Profit?

Rich Goldman Holdings's gross profit for the six months ended in Dec. 2023 was €5.92 Mil. Rich Goldman Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €10.83 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rich Goldman Holdings's gross profit for the six months ended in Dec. 2023 was €5.92 Mil. Rich Goldman Holdings's Revenue for the six months ended in Dec. 2023 was €7.42 Mil. Therefore, Rich Goldman Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 79.80%.

Rich Goldman Holdings had a gross margin of 79.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Rich Goldman Holdings was 99.93%. The lowest was 79.04%. And the median was 87.66%.

Warning Sign:

Rich Goldman Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Rich Goldman Holdings Gross Profit Historical Data

The historical data trend for Rich Goldman Holdings'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.

* Premium members only.

Rich Goldman Holdings Gross Profit Chart

Rich Goldman Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.88 5.35 4.79 5.77 9.31

Rich Goldman Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.05 3.59 4.53 4.91 5.92

Competitive Comparison of Rich Goldman Holdings's Gross Profit

For the Resorts & Casinos subindustry, Rich Goldman Holdings'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.


Rich Goldman Holdings's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rich Goldman Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Rich Goldman Holdings's Gross Profit falls into.



Rich Goldman Holdings Gross Profit Calculation

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

Rich Goldman Holdings's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=11.592 - 2.284
=9.31

Rich Goldman Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7.415 - 1.498
=5.92

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 €10.83 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Rich Goldman Holdings'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
=5.92 / 7.415
=79.80 %

* 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.


Rich Goldman Holdings  (STU:MRU3) 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

Rich Goldman Holdings had a gross margin of 79.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Rich Goldman Holdings Gross Profit Related Terms

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Rich Goldman Holdings (STU:MRU3) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Room 1807, 18th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Rich Goldman Holdings Ltd is an investment holding company. The company's operating segment includes Gaming and Entertainment Business; Money lending business; Hotel operations and Property leasing. It generates maximum revenue from the Money lending business segment. Geographically, it operates in Hong Kong, Macau and People's Republic of China and it derives a majority of revenue from Hong Kong.

Rich Goldman Holdings (STU:MRU3) Headlines

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