GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Marley Spoon SE (ASX:MMM) » Definitions » Gross Margin %

Marley Spoon SE (ASX:MMM) Gross Margin % : 13.51% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Marley Spoon SE Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marley Spoon SE's Gross Profit for the six months ended in Dec. 2023 was A$33.2 Mil. Marley Spoon SE's Revenue for the six months ended in Dec. 2023 was A$246.1 Mil. Therefore, Marley Spoon SE's Gross Margin % for the quarter that ended in Dec. 2023 was 13.51%.


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

ASX:MMM' s Gross Margin % Range Over the Past 10 Years
Min: 21.43   Med: 30.48   Max: 31.68
Current: 31.6


During the past 7 years, the highest Gross Margin % of Marley Spoon SE was 31.68%. The lowest was 21.43%. And the median was 30.48%.

ASX:MMM's Gross Margin % is ranked worse than
75% of 344 companies
in the Restaurants industry
Industry Median: 47.535 vs ASX:MMM: 31.60

Marley Spoon SE had a gross margin of 13.51% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marley Spoon SE was 7.00% per year.


Marley Spoon SE Gross Margin % Historical Data

The historical data trend for Marley Spoon SE'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.

Marley Spoon SE Gross Margin % Chart

Marley Spoon SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 26.89 30.65 30.30 30.98 31.68

Marley Spoon SE Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.56 45.15 15.13 47.15 13.51

Competitive Comparison of Marley Spoon SE's Gross Margin %

For the Restaurants subindustry, Marley Spoon SE'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.


Marley Spoon SE's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marley Spoon SE's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marley Spoon SE's Gross Margin % falls into.



Marley Spoon SE Gross Margin % Calculation

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

Marley Spoon SE'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 )
=169.5 / 535.207
=(Revenue - Cost of Goods Sold) / Revenue
=(535.207 - 365.66) / 535.207
=31.68 %

Marley Spoon SE'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 )
=33.2 / 246.13
=(Revenue - Cost of Goods Sold) / Revenue
=(246.13 - 212.882) / 246.13
=13.51 %

* 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.


Marley Spoon SE  (ASX:MMM) 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

Marley Spoon SE had a gross margin of 13.51% 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.


Marley Spoon SE Gross Margin % Related Terms

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


Marley Spoon SE (ASX:MMM) Business Description

Traded in Other Exchanges
Address
Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999
Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.

Marley Spoon SE (ASX:MMM) Headlines

From GuruFocus

3M Co at Morgan Stanley Laguna Conference Transcript

By GuruFocus Research 01-23-2024

3M Co at Barclays Industrial Select Conference Transcript

By GuruFocus Research 01-23-2024

Q2 2023 3M Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 3M Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

3M Co Combat Arms Resolution Investor Call Transcript

By GuruFocus Research 01-23-2024