MultiMetaVerse Holdings (MultiMetaVerse Holdings) COGS-to-Revenue : 0.51 (As of Dec. 2023)

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What is MultiMetaVerse Holdings COGS-to-Revenue?

MultiMetaVerse Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $1.78 Mil. Its Revenue for the six months ended in Dec. 2023 was $3.50 Mil.

MultiMetaVerse Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.51.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MultiMetaVerse Holdings's Gross Margin % for the six months ended in Dec. 2023 was 49.24%.

MultiMetaVerse Holdings COGS-to-Revenue Historical Data

The historical data trend for MultiMetaVerse Holdings's COGS-to-Revenue 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.

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MultiMetaVerse Holdings COGS-to-Revenue Chart

MultiMetaVerse Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.80

0.61

0.52

0.54

MultiMetaVerse Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.48	0.54	0.49	0.57	0.51

MultiMetaVerse Holdings COGS-to-Revenue Calculation

MultiMetaVerse Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.902	/	9.008
	=	0.54

MultiMetaVerse Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.775	/	3.497
	=	0.51

MultiMetaVerse Holdings (NAS:MMV) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

MultiMetaVerse Holdings's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.775 / 3.497
	=	49.24 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MultiMetaVerse Holdings Ltd (NAS:MMV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 718, Lingshi Road, Building D3, Jingan District, Shanghai, CHN, 200072

Website

MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.