Borealis Foods Inc (BRLS)
9.185
-0.02
(-0.16%)
USD |
NASDAQ |
Jun 20, 16:00
9.19
0.00 (0.00%)
After-Hours: 20:00
Borealis Foods Gross Profit Margin (Quarterly): 3.07% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 3.07% |
March 31, 2023 | -4.12% |
Date | Value |
---|---|
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
3.07%
Maximum
Mar 2024
-9.14%
Average
-4.12%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
Plantable Health Inc | -9.19% |
DAVIDsTEA Inc | -- |
Acme United Corp | 38.70% |
Better Choice Co Inc | 33.08% |
Laird Superfood Inc | 40.01% |
Gross Profit Margin (Quarterly) Related Metrics
Profit Margin (Quarterly) | -106.8% |
Operating Margin (Quarterly) | -88.32% |