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Kisses From Italy (Kisses From Italy) Gross Margin % : 66.67% (As of Sep. 2023)


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What is Kisses From Italy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kisses From Italy's Gross Profit for the three months ended in Sep. 2023 was $0.02 Mil. Kisses From Italy's Revenue for the three months ended in Sep. 2023 was $0.03 Mil. Therefore, Kisses From Italy's Gross Margin % for the quarter that ended in Sep. 2023 was 66.67%.

Warning Sign:

Kisses From Italy Inc gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


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

KITL' s Gross Margin % Range Over the Past 10 Years
Min: 45.52   Med: 53.26   Max: 77.82
Current: 48.06


During the past 6 years, the highest Gross Margin % of Kisses From Italy was 77.82%. The lowest was 45.52%. And the median was 53.26%.

KITL's Gross Margin % is ranked better than
50.87% of 344 companies
in the Restaurants industry
Industry Median: 47.535 vs KITL: 48.06

Kisses From Italy had a gross margin of 66.67% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kisses From Italy was -3.30% per year.


Kisses From Italy Gross Margin % Historical Data

The historical data trend for Kisses From Italy'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.

Kisses From Italy Gross Margin % Chart

Kisses From Italy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 52.93 53.58 77.82 49.38 45.52

Kisses From Italy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 44.12 36.25 49.57 52.46 66.67

Competitive Comparison of Kisses From Italy's Gross Margin %

For the Restaurants subindustry, Kisses From Italy'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.


Kisses From Italy's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kisses From Italy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kisses From Italy's Gross Margin % falls into.



Kisses From Italy Gross Margin % Calculation

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

Kisses From Italy's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=0.2 / 0.391
=(Revenue - Cost of Goods Sold) / Revenue
=(0.391 - 0.213) / 0.391
=45.52 %

Kisses From Italy'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 / 0.027
=(Revenue - Cost of Goods Sold) / Revenue
=(0.027 - 0.009) / 0.027
=66.67 %

* 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.


Kisses From Italy  (OTCPK:KITL) 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

Kisses From Italy had a gross margin of 66.67% for the quarter that ended in Sep. 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.


Kisses From Italy Gross Margin % Related Terms

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Kisses From Italy (Kisses From Italy) Business Description

Traded in Other Exchanges
N/A
Address
80 SW 8th Street, Suite 2000, Miami, FL, USA, 33130
Kisses From Italy Inc in Florida is engaged in developing a fast-casual food dining chain restaurant business. It offers deli paninis including fresh cheese Panini, prosciutto, salami, calicollo, bresaola, and turkey paninis. The company also offers espresso, cappuccino, and other coffee drinks, soft drinks, bottled water, and juices, as well as various flavors of granite. In addition to its company operated restaurants, it is engaged in franchising restaurant concept so that it can build market share and brand awareness.
Executives
Denis Senecal director 866 DU RIVAGE, SAINT-ANTOINE-SUR-RICHELIEU A8 JOL 1RO
Turi Michele Di director, officer: CO-CEO/President 3100 BOUL. DES GOUVERNEURS, LAVAL A8 H7E 5J3
Claudio Ferri director, officer: CO-CEO/CFO 12280 53RD AVENUE, MONTREAL A8 H1E 0A5
Leonardo Fraccalvieri director, officer: Chief Operating Officer VIA DEPRETIS 9, SANNICANDRO DI BARI L6 70028