RedFish LongTerm Capital SpA (MIL:RFLTC) Gross Margin % : 16.61% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is RedFish LongTerm Capital SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RedFish LongTerm Capital SpA's Gross Profit for the six months ended in Dec. 2023 was €2.31 Mil. RedFish LongTerm Capital SpA's Revenue for the six months ended in Dec. 2023 was €13.93 Mil. Therefore, RedFish LongTerm Capital SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 16.61%.

The historical rank and industry rank for RedFish LongTerm Capital SpA's Gross Margin % or its related term are showing as below:

MIL:RFLTC' s Gross Margin % Range Over the Past 10 Years
Min: -835.48 Med: -505 Max: 17.54
Current: 17.54

During the past 3 years, the highest Gross Margin % of RedFish LongTerm Capital SpA was 17.54%. The lowest was -835.48%. And the median was -505.00%.

MIL:RFLTC's Gross Margin % is ranked worse than
77.57% of 526 companies
in the Asset Management industry
Industry Median: 51.705 vs MIL:RFLTC: 17.54

RedFish LongTerm Capital SpA had a gross margin of 16.61% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RedFish LongTerm Capital SpA was 0.00% per year.

RedFish LongTerm Capital SpA Gross Margin % Historical Data

The historical data trend for RedFish LongTerm Capital SpA'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.

RedFish LongTerm Capital SpA Gross Margin % Chart

RedFish LongTerm Capital SpA Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

-835.48

-505.00

17.54

RedFish LongTerm Capital SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	-	-505.00	-	20.15	16.61

Competitive Comparison of RedFish LongTerm Capital SpA's Gross Margin %

For the Asset Management subindustry, RedFish LongTerm Capital SpA'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.

RedFish LongTerm Capital SpA's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RedFish LongTerm Capital SpA's Gross Margin % falls into.

RedFish LongTerm Capital SpA Gross Margin % Calculation

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

RedFish LongTerm Capital SpA'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 )
	=	3.3	/	18.859
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(18.859 - 15.552)	/	18.859
	=	17.54 %

RedFish LongTerm Capital SpA'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 )
	=	2.3	/	13.929
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13.929 - 11.615)	/	13.929
	=	16.61 %

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.

RedFish LongTerm Capital SpA (MIL:RFLTC) 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

RedFish LongTerm Capital SpA had a gross margin of 16.61% for the quarter that ended in Dec. 2023 => 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.

RedFish LongTerm Capital SpA Gross Margin % Related Terms

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

RedFish LongTerm Capital SpA (MIL:RFLTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RedFish LongTerm Capital SpA (MIL:RFLTC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Carmine, 11, Milano, ITA, 20121

Website

https://longterm.redfish.capital

RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control and debt optimization, but above all advisory services for the acquisition of Target Companies in order to pursue the development plan for external lines.

RedFish LongTerm Capital SpA (MIL:RFLTC) Headlines

No Headlines