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RM2 International (RM2 International) Gross Margin % : 0.00% (As of Jun. 2020)


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What is RM2 International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RM2 International's Gross Profit for the three months ended in Jun. 2020 was $0.00 Mil. RM2 International's Revenue for the three months ended in Jun. 2020 was $0.00 Mil. Therefore, RM2 International's Gross Margin % for the quarter that ended in Jun. 2020 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for RM2 International's Gross Margin % or its related term are showing as below:


RMTO's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.42
* Ranked among companies with meaningful Gross Margin % only.

RM2 International had a gross margin of N/A% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RM2 International was 0.00% per year.


RM2 International Gross Margin % Historical Data

The historical data trend for RM2 International'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.

RM2 International Gross Margin % Chart

RM2 International Annual Data
Trend Dec10 Dec11 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 9.91 6.58 6.66 14.02

RM2 International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jun20
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 15.12 7.14 -1.16 29.26 -

Competitive Comparison of RM2 International's Gross Margin %

For the Metal Fabrication subindustry, RM2 International'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.


RM2 International's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RM2 International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RM2 International's Gross Margin % falls into.



RM2 International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

RM2 International's Gross Margin for the fiscal year that ended in Jun. 2020 is calculated as

Gross Margin % (A: Jun. 2020 )=Gross Profit (A: Jun. 2020 ) / Revenue (A: Jun. 2020 )
=6.8 / 48.526
=(Revenue - Cost of Goods Sold) / Revenue
=(48.526 - 41.724) / 48.526
=14.02 %

RM2 International's Gross Margin for the quarter that ended in Jun. 2020 is calculated as


Gross Margin % (Q: Jun. 2020 )=Gross Profit (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


RM2 International  (OTCPK:RMTO) 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

RM2 International had a gross margin of N/A% for the quarter that ended in Jun. 2020 => No sustainable 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.


RM2 International Gross Margin % Related Terms

Thank you for viewing the detailed overview of RM2 International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


RM2 International (RM2 International) Business Description

Traded in Other Exchanges
N/A
Address
810 Flightline Boulevard, Deland, FL, USA, 32724
RM2 International Inc leases robust composite pallets to replace wooden pallets, including smart Internet of Things (IoT) technologies, to improve logistics. In every BLOCKPal pallet, embedded IoT sensors capture location, temperature, shock & tilt, and movement. Sensor data is transmitted via a high-speed LTE-M network to RM2's secure cloud database. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.
Executives
Brian Knaley other: Former Officer C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
Everest Hill Group Inc. 10 percent owner TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Alan G Quasha director 127 EAST 73RD STREET, NEW YORK NY 10021
Theodore Deinard other: Former Interim CEO, CFO, & Dir C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Javier Baz director 1100 HUMBOLDT STREET, DENVER CO 80218
Robert E Wade director C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Randall P Marx director, officer: CEO, President & Secretary
Monty R Lamirato officer: CFO