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Beneficient (Beneficient) Gross Margin % : 171.26% (As of Dec. 2023)


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What is Beneficient Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Beneficient's Gross Profit for the three months ended in Dec. 2023 was $-17.64 Mil. Beneficient's Revenue for the three months ended in Dec. 2023 was $-10.30 Mil. Therefore, Beneficient's Gross Margin % for the quarter that ended in Dec. 2023 was 171.26%.


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

BENF' s Gross Margin % Range Over the Past 10 Years
Min: 54.22   Med: 80.03   Max: 193.35
Current: 193.35

During the past 4 years, the highest Gross Margin % of Beneficient was 193.35%. The lowest was 54.22%. And the median was 80.03%.

BENF's Gross Margin % is ranked better than
99.25% of 533 companies
in the Asset Management industry
Industry Median: 52.07 vs BENF: 193.35

Beneficient had a gross margin of 171.26% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Beneficient Gross Margin % Historical Data

The historical data trend for Beneficient'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.

Beneficient Gross Margin % Chart

Beneficient Annual Data
Trend Dec20 Dec21 Mar22 Mar23
Gross Margin %
80.03 54.22 - 143.36

Beneficient Quarterly Data
Dec20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 210.71 158.34 1,405.98 136.01 171.26

Competitive Comparison of Beneficient's Gross Margin %

For the Asset Management subindustry, Beneficient'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.

Beneficient's Gross Margin % Distribution in the Asset Management Industry

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

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


Beneficient Gross Margin % Calculation

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

Beneficient's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=-150.5 / -104.989
=(Revenue - Cost of Goods Sold) / Revenue
=(-104.989 - 45.527) / -104.989
=143.36 %

Beneficient'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 )
=-17.6 / -10.3
=(Revenue - Cost of Goods Sold) / Revenue
=(-10.3 - 7.34) / -10.3
=171.26 %

* 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.

Beneficient  (NAS:BENF) 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

Beneficient had a gross margin of 171.26% for the quarter that ended in Dec. 2023 => 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.

Beneficient Gross Margin % Related Terms

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

Beneficient (Beneficient) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Beneficient (NAS:BENF) » Definitions » Gross Margin %
Comparable Companies
SAMG IHIT NPV OXSQ EOD IGI BSL PTMN MHI PCK BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
325 N. Saint Paul Street, Suite 4850, Dallas, TX, USA, 75201
Website
https://www.trustben.com
Beneficient is a technology-enabled financial services holding company that (together with its subsidiaries) provides simple, rapid, and cost-effective liquidity solutions to participants in the alternative asset industry through its end-to-end online platform, AltAccess. BCG's products and services are designed to meet the unmet needs of mid-to-high net-worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. Its bespoke liquidity solutions for otherwise illiquid alternative asset investments are delivered through proprietary technology and an innovative financing and trust structure. It has three reportable segments consisting of Ben Liquidity, Ben Custody and Customer ExAlt Trusts.
Executives
Gwg Wind Down Trust 10 percent owner PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Elizabeth C. Freeman 10 percent owner PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Derek L. Fletcher director, officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Life Usa, Llc 10 percent owner 325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Gregory W. Ezell officer: Chief Financial Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Jeff Welday officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Maria S. Rutledge officer: Chief Technology Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Scott W. Wilson officer: Chief Underwriting Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Samuel Hikspoors officer: Chief Risk Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Richard W Fisher director
James G. Silk director, officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Emily B. Hill director 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Holdings, Inc. 10 percent owner 325 N. ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Cangany Peter T Jr director 220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Brad K Heppner director, officer: See Remarks 325 N SAINT PAUL STREET, SUITE 1200, DALLAS TX 75201