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Gores Holdings IX (Gores Holdings IX) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Gores Holdings IX Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gores Holdings IX's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. Gores Holdings IX's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Gores Holdings IX's Gross Margin % for the quarter that ended in Mar. 2024 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 Gores Holdings IX's Gross Margin % or its related term are showing as below:


GHIX's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 45.39
* Ranked among companies with meaningful Gross Margin % only.

Gores Holdings IX had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Gores Holdings IX Gross Margin % Historical Data

The historical data trend for Gores Holdings IX'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.

Gores Holdings IX Gross Margin % Chart

Gores Holdings IX Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
- - -

Gores Holdings IX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Gores Holdings IX's Gross Margin %

For the Shell Companies subindustry, Gores Holdings IX'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.


Gores Holdings IX's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gores Holdings IX's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gores Holdings IX's Gross Margin % falls into.



Gores Holdings IX 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.)

Gores Holdings IX'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Gores Holdings IX's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=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.


Gores Holdings IX  (NAS:GHIX) 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

Gores Holdings IX had a gross margin of N/A% for the quarter that ended in Mar. 2024 => 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.


Gores Holdings IX Gross Margin % Related Terms

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Gores Holdings IX (Gores Holdings IX) Business Description

Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Gores Holdings IX Inc is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Alec E Gores director, 10 percent owner 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Mark Stone officer: Chief Executive Officer 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Aeg Holdings, Llc director, 10 percent owner 6260 LOOKOUT RD., BOULDER CO 80301
Andrew Mcbride officer: See Remarks 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Randy Bort director 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Keith Covington director 500 WEST ILLINOIS, MIDLAND TX 79701
Elizabeth Marcellino director 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Gores Sponsor Ix Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301

Gores Holdings IX (Gores Holdings IX) Headlines