Solowin Holdings's gross profit for the
six
months ended in Sep. 2024 was $0.04 Mil. Solowin Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.86 Mil.
Solowin Holdings had a gross margin of 3.86% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
During the past 4 years, the highestGross Margin % of Solowin Holdings was 70.90%. The lowest was -103.18%. And the median was 49.60%.
Solowin Holdings Gross Profit Historical Data
The historical data trend for Solowin 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.
Competitive Comparison of Solowin Holdings's Gross Profit
For the Capital Markets subindustry, Solowin 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.
Solowin Holdings's Gross Profit Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Solowin Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Solowin Holdings's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.86 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Solowin Holdings had a gross margin of 3.86% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
Solowin Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Solowin Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Solowin Holdings Ltd is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secured one-stop electronic platform. It is engaged in providing securities related services, investment advisory service, and asset management service to customers. The operations were organized into four reportable segments: securities related services, investment advisory services, corporate consultancy services, and asset management services. It derives maximum revenue from investment advisory services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SWIN has been successfully added to your