Garden Stage (Garden Stage) Gross Margin % : -7.45% (As of Sep. 2023)

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

What is Garden Stage Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Garden Stage's Gross Profit for the six months ended in Sep. 2023 was $-0.05 Mil. Garden Stage's Revenue for the six months ended in Sep. 2023 was $0.73 Mil. Therefore, Garden Stage's Gross Margin % for the quarter that ended in Sep. 2023 was -7.45%.

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

GSIW' s Gross Margin % Range Over the Past 10 Years
Min: -2.53 Med: -1.74 Max: 28.76
Current: 28.76

During the past 3 years, the highest Gross Margin % of Garden Stage was 28.76%. The lowest was -2.53%. And the median was -1.74%.

GSIW's Gross Margin % is ranked worse than
66.23% of 604 companies
in the Capital Markets industry
Industry Median: 47.545 vs GSIW: 28.76

Garden Stage had a gross margin of -7.45% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

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

Garden Stage Gross Margin % Historical Data

The historical data trend for Garden Stage'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.

Garden Stage Gross Margin % Chart

Garden Stage Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

-2.53

-1.74

27.04

Garden Stage Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial			-6.73	2.44	-0.09	41.52	-7.45

Competitive Comparison of Garden Stage's Gross Margin %

For the Capital Markets subindustry, Garden Stage'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.

Garden Stage's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Garden Stage's Gross Margin % distribution charts can be found below:

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

Garden Stage Gross Margin % Calculation

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

Garden Stage'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 )
	=	0.9	/	3.158
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.158 - 2.304)	/	3.158
	=	27.04 %

Garden Stage's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-0.1	/	0.725
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.725 - 0.779)	/	0.725
	=	-7.45 %

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.

Garden Stage (NAS:GSIW) 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

Garden Stage had a gross margin of -7.45% for the quarter that ended in Sep. 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.

Garden Stage Gross Margin % Related Terms

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

Garden Stage (Garden Stage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garden Stage Ltd (NAS:GSIW) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Des Voeux Road Central, Room 201, 2/F, China Insurance Group Building, Hong Kong, HKG

Website

https://www.iwinsec.com

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.