Smart Good Things Holding (XPAR:MLSGT) Gross Margin % : -10.10% (As of Jun. 2023)

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What is Smart Good Things Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Smart Good Things Holding's Gross Profit for the six months ended in Jun. 2023 was €-1.66 Mil. Smart Good Things Holding's Revenue for the six months ended in Jun. 2023 was €16.46 Mil. Therefore, Smart Good Things Holding's Gross Margin % for the quarter that ended in Jun. 2023 was -10.10%.

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

XPAR:MLSGT' s Gross Margin % Range Over the Past 10 Years
Min: -4.02 Med: -1.37 Max: -1.37
Current: -4.02

During the past 2 years, the highest Gross Margin % of Smart Good Things Holding was -1.37%. The lowest was -4.02%. And the median was -1.37%.

XPAR:MLSGT's Gross Margin % is ranked worse than
96.96% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs XPAR:MLSGT: -4.02

Smart Good Things Holding had a gross margin of -10.10% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Smart Good Things Holding was 0.00% per year.

Smart Good Things Holding Gross Margin % Historical Data

The historical data trend for Smart Good Things Holding'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.

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Smart Good Things Holding Gross Margin % Chart

Smart Good Things Holding Annual Data

Trend

Dec21

Dec22

Gross Margin %

-1.37

Smart Good Things Holding Semi-Annual Data
	Jun22	Dec22	Jun23
Gross Margin %	-751.72	0.66	-10.10

Competitive Comparison of Smart Good Things Holding's Gross Margin %

For the Packaged Foods subindustry, Smart Good Things Holding'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.

Smart Good Things Holding's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Smart Good Things Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Smart Good Things Holding's Gross Margin % falls into.

Smart Good Things Holding Gross Margin % Calculation

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

Smart Good Things Holding'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 )
	=	-0.3	/	21.416
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(21.416 - 21.71)	/	21.416
	=	-1.37 %

Smart Good Things Holding's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-1.7	/	16.46
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(16.46 - 18.123)	/	16.46
	=	-10.10 %

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.

Smart Good Things Holding (XPAR:MLSGT) 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

Smart Good Things Holding had a gross margin of -10.10% for the quarter that ended in Jun. 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.

Smart Good Things Holding Gross Margin % Related Terms

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Smart Good Things Holding (XPAR:MLSGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Smart Good Things Holding SA (XPAR:MLSGT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Bernard Palissy, Puteaux-la-Defense, FRA, 92800

Website

https://smartgoodthings.com

Smart Good Things Holding SA is a holding company organized mainly around two business segments namely production of powdered preparations for nutritional instant drinks and development of a concierge service platform dedicated to the elderly: a platform offering services related to assistance in the small daily tasks, food shopping, support in the daily procedures.

Smart Good Things Holding (XPAR:MLSGT) Headlines

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