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F45 Training Holdings (F45 Training Holdings) Gross Margin % : 71.70% (As of Jun. 2023)


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What is F45 Training Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. F45 Training Holdings's Gross Profit for the three months ended in Jun. 2023 was $12.21 Mil. F45 Training Holdings's Revenue for the three months ended in Jun. 2023 was $17.04 Mil. Therefore, F45 Training Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 71.70%.


The historical rank and industry rank for F45 Training Holdings's Gross Margin % or its related term are showing as below:

FXLV' s Gross Margin % Range Over the Past 10 Years
Min: 59.02   Med: 65.98   Max: 68.8
Current: 64.9


During the past 4 years, the highest Gross Margin % of F45 Training Holdings was 68.80%. The lowest was 59.02%. And the median was 65.98%.

FXLV's Gross Margin % is ranked better than
75.98% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.225 vs FXLV: 64.90

F45 Training Holdings had a gross margin of 71.70% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for F45 Training Holdings was 0.00% per year.


F45 Training Holdings Gross Margin % Historical Data

The historical data trend for F45 Training Holdings'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.

F45 Training Holdings Gross Margin % Chart

F45 Training Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Margin %
59.02 63.98 67.98 68.80

F45 Training Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 60.89 67.88 112.40 66.71 71.70

Competitive Comparison of F45 Training Holdings's Gross Margin %

For the Leisure subindustry, F45 Training Holdings'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.


F45 Training Holdings's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, F45 Training Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where F45 Training Holdings's Gross Margin % falls into.



F45 Training Holdings Gross Margin % Calculation

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

F45 Training Holdings'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 )
=71.8 / 104.423
=(Revenue - Cost of Goods Sold) / Revenue
=(104.423 - 32.575) / 104.423
=68.80 %

F45 Training Holdings'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 )
=12.2 / 17.036
=(Revenue - Cost of Goods Sold) / Revenue
=(17.036 - 4.822) / 17.036
=71.70 %

* 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.


F45 Training Holdings  (OTCPK:FXLV) 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

F45 Training Holdings had a gross margin of 71.70% for the quarter that ended in Jun. 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.


F45 Training Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of F45 Training Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


F45 Training Holdings (F45 Training Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3601 South Congress Avenue, Building E, Austin, TX, USA, 78704
F45 Training Holdings Inc is a fitness franchisor in the United States. The company is focused on creating a fitness training and lifestyle brand. The group offers consumers functional 45-minute workouts that are effective, fun, and community-driven.
Executives
Richard Alan Monje director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Ryan Mayes officer: Chief Operating Officer 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Anthony Pasqua director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
James Feltman director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Thomas Dowd officer: Chief Executive Officer 300 SIXTH AVENUE, PITTSBURGH PA 15222
Timothy J Bernlohr director 90 EAST HALSEY RD., PARSIPPANY NJ 07054
Raphael Wallander director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Lisa A Gavales director C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Robert L Madore officer: Chief Financial Officer C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kennedy Lewis Capital Partners Master Fund Ii Lp director, 10 percent owner 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Mark Wahlberg director C/O CORTINA BUSINESS MANAGEMENT, INC., PO BOX 610287, NEWTON MA 02461
Vanessa Douglas director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Luke Armstrong officer: Chief Revenue Officer 801 BARTON SPRINGS RD., 9TH FLOOR, AUSTIN TX 78704

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