Flora Growth Corp (FLGC)
1.56
+0.06
(+4.00%)
USD |
NASDAQ |
Nov 05, 16:00
1.54
-0.02
(-1.28%)
After-Hours: 18:20
Flora Growth Gross Profit Margin (Quarterly): 20.19% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 20.19% |
| March 31, 2024 | 21.37% |
| December 31, 2023 | 19.42% |
| September 30, 2023 | 28.54% |
| June 30, 2023 | 18.45% |
| March 31, 2023 | 27.67% |
| December 31, 2022 | 28.64% |
| Date | Value |
|---|---|
| September 30, 2022 | 48.24% |
| June 30, 2022 | 37.11% |
| March 31, 2022 | 53.98% |
| December 31, 2021 | 16.65% |
| September 30, 2021 | 29.57% |
| June 30, 2021 | 38.40% |
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
16.65%
Minimum
Dec 2021
53.98%
Maximum
Mar 2022
29.86%
Average
28.54%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| MariMed Inc | 41.81% |
| cbdMD Inc | 65.78% |
| Bright Green Corp | -- |
| NovaBay Pharmaceuticals Inc | 66.33% |
| Palatin Technologies Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -180.7% |
| Return on Assets | -53.10% |
| Return on Invested Capital | -146.1% |
| Profit Margin (Quarterly) | -16.77% |
| Operating Margin (Quarterly) | -20.44% |
| Return on Net Operating Assets | -57.16% |