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Bergio International (Bergio International) Gross Margin % : -65.00% (As of Dec. 2023)


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What is Bergio International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bergio International's Gross Profit for the three months ended in Dec. 2023 was $-0.27 Mil. Bergio International's Revenue for the three months ended in Dec. 2023 was $0.42 Mil. Therefore, Bergio International's Gross Margin % for the quarter that ended in Dec. 2023 was -65.00%.

Warning Sign:

Bergio International Inc gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


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

BRGO' s Gross Margin % Range Over the Past 10 Years
Min: 13.76   Med: 37.43   Max: 63.23
Current: 37.13


During the past 13 years, the highest Gross Margin % of Bergio International was 63.23%. The lowest was 13.76%. And the median was 37.43%.

BRGO's Gross Margin % is ranked better than
51.14% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.51 vs BRGO: 37.13

Bergio International had a gross margin of -65.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bergio International was -5.10% per year.


Bergio International Gross Margin % Historical Data

The historical data trend for Bergio 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.

Bergio International Gross Margin % Chart

Bergio International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.23 58.29 58.60 37.74 37.12

Bergio International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 159.53 44.67 56.78 42.58 -65.00

Competitive Comparison of Bergio International's Gross Margin %

For the Luxury Goods subindustry, Bergio 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.


Bergio International's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bergio International's Gross Margin % distribution charts can be found below:

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



Bergio International Gross Margin % Calculation

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

Bergio International'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 )
=1.5 / 4.087
=(Revenue - Cost of Goods Sold) / Revenue
=(4.087 - 2.57) / 4.087
=37.12 %

Bergio International'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 )
=-0.3 / 0.42
=(Revenue - Cost of Goods Sold) / Revenue
=(0.42 - 0.693) / 0.42
=-65.00 %

* 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.


Bergio International  (OTCPK:BRGO) 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

Bergio International had a gross margin of -65.00% 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.


Bergio International Gross Margin % Related Terms

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


Bergio International (Bergio International) Business Description

Traded in Other Exchanges
N/A
Address
12 Daniel Road East, Fairfield, NJ, USA, 07007
Bergio International Inc is engaged in the business of product designing, manufacturing, and distribution of fine jewelry mainly in the United States. Its product range is divided into Whimsical, Fine, Couture, Fashion Jewelry, Handbags, and Bridal categories. The firms' fashion lines are an 18k gold line, a bridal line, and couture, and one-of-a-kind pieces. The company is into establishing retail stores worldwide.
Executives
Berge Abajian director, 10 percent owner, officer: Chief Executive Officer 12 DANIEL ROAD E., FAIRFIELD NJ 07004