Borealis Foods Inc (BRLS)
6.364
+0.55
(+9.54%)
USD |
NASDAQ |
Nov 04, 16:00
6.34
-0.02
(-0.38%)
Pre-Market: 20:00
Borealis Foods Gross Profit Margin (Quarterly): 7.93% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 7.93% |
| March 31, 2024 | 3.07% |
| June 30, 2023 | -16.12% |
| Date | Value |
|---|---|
| March 31, 2023 | -4.12% |
| March 31, 2022 | -26.38% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-26.38%
Minimum
Mar 2022
7.93%
Maximum
Jun 2024
-7.12%
Average
-4.12%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| LeanLife Health Inc | -- |
| Altus Copper Corp | -9.19% |
| Above Food Ingredients Inc | -4.52% |
| DAVIDsTEA Inc | -- |
| Acme United Corp | 38.54% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -347.6% |
| Return on Assets | -41.96% |
| Return on Invested Capital | -61.41% |
| Profit Margin (Quarterly) | -118.3% |
| Operating Margin (Quarterly) | -97.45% |
| Return on Net Operating Assets | -42.06% |