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First Investment Company (K.S.C.C.) (KUW:ALOLA) Gross Margin % : 24.09% (As of Dec. 2023)


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What is First Investment Company (K.S.C.C.) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. First Investment Company (K.S.C.C.)'s Gross Profit for the three months ended in Dec. 2023 was KWD0.05 Mil. First Investment Company (K.S.C.C.)'s Revenue for the three months ended in Dec. 2023 was KWD0.22 Mil. Therefore, First Investment Company (K.S.C.C.)'s Gross Margin % for the quarter that ended in Dec. 2023 was 24.09%.


The historical rank and industry rank for First Investment Company (K.S.C.C.)'s Gross Margin % or its related term are showing as below:

KUW:ALOLA' s Gross Margin % Range Over the Past 10 Years
Min: 23.66   Med: 47.34   Max: 50.52
Current: 44.25


During the past 13 years, the highest Gross Margin % of First Investment Company (K.S.C.C.) was 50.52%. The lowest was 23.66%. And the median was 47.34%.

KUW:ALOLA's Gross Margin % is ranked worse than
57.46% of 536 companies
in the Asset Management industry
Industry Median: 51.55 vs KUW:ALOLA: 44.25

First Investment Company (K.S.C.C.) had a gross margin of 24.09% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for First Investment Company (K.S.C.C.) was 9.10% per year.


First Investment Company (K.S.C.C.) Gross Margin % Historical Data

The historical data trend for First Investment Company (K.S.C.C.)'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.

First Investment Company (K.S.C.C.) Gross Margin % Chart

First Investment Company (K.S.C.C.) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.52 50.00 50.52 47.34 44.19

First Investment Company (K.S.C.C.) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 27.92 48.74 50.95 54.63 24.09

Competitive Comparison of First Investment Company (K.S.C.C.)'s Gross Margin %

For the Asset Management subindustry, First Investment Company (K.S.C.C.)'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.


First Investment Company (K.S.C.C.)'s Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Investment Company (K.S.C.C.)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where First Investment Company (K.S.C.C.)'s Gross Margin % falls into.



First Investment Company (K.S.C.C.) Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

First Investment Company (K.S.C.C.)'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 )
=0.4 / 0.835
=(Revenue - Cost of Goods Sold) / Revenue
=(0.835 - 0.466) / 0.835
=44.19 %

First Investment Company (K.S.C.C.)'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 )
=0.1 / 0.22
=(Revenue - Cost of Goods Sold) / Revenue
=(0.22 - 0.167) / 0.22
=24.09 %

* 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.


First Investment Company (K.S.C.C.)  (KUW:ALOLA) 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

First Investment Company (K.S.C.C.) had a gross margin of 24.09% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


First Investment Company (K.S.C.C.) Gross Margin % Related Terms

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First Investment Company (K.S.C.C.) (KUW:ALOLA) Business Description

Traded in Other Exchanges
N/A
Address
Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063
First Investment Company (K.S.C.C.) is a provider of investment and financial services in Kuwait. The company's activities include financial brokerage activities, securities trading transitions including buying and selling stocks and bonds of governmental and non-governmental agencies and companies. It invests in Agriculture, Oil & Oil Products, Manufacturing, Utilities, Construction, Services Sectors, Trade, Hotels, Transport, Finance, Real Estate, and Social and Personal services sector. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

First Investment Company (K.S.C.C.) (KUW:ALOLA) Headlines

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