Light Media Holdings (Light Media Holdings) Gross Margin % : 77.55% (As of Dec. 2021)

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What is Light Media Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Light Media Holdings's Gross Profit for the six months ended in Dec. 2021 was $0.04 Mil. Light Media Holdings's Revenue for the six months ended in Dec. 2021 was $0.05 Mil. Therefore, Light Media Holdings's Gross Margin % for the quarter that ended in Dec. 2021 was 77.55%.

The historical rank and industry rank for Light Media Holdings's Gross Margin % or its related term are showing as below:

LGMH's Gross Margin % is not ranked ^*
in the Media - Diversified industry.
Industry Median: 38.48
* Ranked among companies with meaningful Gross Margin % only.

Light Media Holdings had a gross margin of 77.55% for the quarter that ended in Dec. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Light Media Holdings was 0.00% per year.

Light Media Holdings Gross Margin % Historical Data

The historical data trend for Light Media Holdings'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.

Light Media Holdings Gross Margin % Chart

Light Media Holdings Annual Data

Trend

Dec21

Gross Margin %

77.55

Light Media Holdings Semi-Annual Data
	Dec21
Gross Margin %	77.55

Competitive Comparison of Light Media Holdings's Gross Margin %

For the Entertainment subindustry, Light Media Holdings'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.

Light Media Holdings's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Light Media Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Light Media Holdings's Gross Margin % falls into.

Light Media Holdings Gross Margin % Calculation

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

Light Media Holdings's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )	=	Gross Profit (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	0	/	0.049
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.049 - 0.011)	/	0.049
	=	77.55 %

Light Media Holdings's Gross Margin for the quarter that ended in Dec. 2021 is calculated as

Gross Margin % (Q: Dec. 2021 )	=	Gross Profit (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	0	/	0.049
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.049 - 0.011)	/	0.049
	=	77.55 %

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.

Light Media Holdings (OTCPK:LGMH) 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

Light Media Holdings had a gross margin of 77.55% for the quarter that ended in Dec. 2021 => Durable competitive advantage

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.

Light Media Holdings Gross Margin % Related Terms

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Light Media Holdings (Light Media Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Light Media Holdings Inc (OTCPK:LGMH) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

2365 Wall Street, Conyers, GA, USA, 30013

Website

https://www.lightmedianetwork.com

Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

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