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Liquid Media Group (Liquid Media Group) Gross Margin % : 33.44% (As of Aug. 2022)


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What is Liquid Media Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Liquid Media Group's Gross Profit for the three months ended in Aug. 2022 was $0.51 Mil. Liquid Media Group's Revenue for the three months ended in Aug. 2022 was $1.53 Mil. Therefore, Liquid Media Group's Gross Margin % for the quarter that ended in Aug. 2022 was 33.44%.


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


YVRLF's Gross Margin % is not ranked *
in the Interactive Media industry.
Industry Median: 60.72
* Ranked among companies with meaningful Gross Margin % only.

Liquid Media Group had a gross margin of 33.44% for the quarter that ended in Aug. 2022 => Competition eroding margins

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


Liquid Media Group Gross Margin % Historical Data

The historical data trend for Liquid Media Group'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.

Liquid Media Group Gross Margin % Chart

Liquid Media Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Nov19 Nov20 Nov21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -6,800.00 -1,522.86 -0.52

Liquid Media Group Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 -940.00 40.03 6.75 29.99 33.44

Competitive Comparison of Liquid Media Group's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, Liquid Media Group'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.


Liquid Media Group's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Liquid Media Group's Gross Margin % distribution charts can be found below:

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



Liquid Media Group Gross Margin % Calculation

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

Liquid Media Group's Gross Margin for the fiscal year that ended in Nov. 2021 is calculated as

Gross Margin % (A: Nov. 2021 )=Gross Profit (A: Nov. 2021 ) / Revenue (A: Nov. 2021 )
=-0 / 0.768
=(Revenue - Cost of Goods Sold) / Revenue
=(0.768 - 0.772) / 0.768
=-0.52 %

Liquid Media Group's Gross Margin for the quarter that ended in Aug. 2022 is calculated as


Gross Margin % (Q: Aug. 2022 )=Gross Profit (Q: Aug. 2022 ) / Revenue (Q: Aug. 2022 )
=0.5 / 1.534
=(Revenue - Cost of Goods Sold) / Revenue
=(1.534 - 1.021) / 1.534
=33.44 %

* 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.


Liquid Media Group  (OTCPK:YVRLF) 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

Liquid Media Group had a gross margin of 33.44% for the quarter that ended in Aug. 2022 => 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.


Liquid Media Group Gross Margin % Related Terms

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Liquid Media Group (Liquid Media Group) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2
Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games andinvestment in the distribution of films.