Flora Growth Corp (FLGC)
1.52
+0.02
(+1.33%)
USD |
NASDAQ |
May 08, 16:00
1.49
-0.03
(-1.97%)
After-Hours: 06:11
Flora Growth Gross Profit Margin (Quarterly): 19.42% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 19.42% |
| September 30, 2023 | 28.54% |
| June 30, 2023 | 18.45% |
| March 31, 2023 | 27.24% |
| December 31, 2022 | 28.64% |
| September 30, 2022 | 48.24% |
| Date | Value |
|---|---|
| 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
31.48%
Average
28.64%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| Tilray Brands Inc | 26.23% |
| Clever Leaves Holdings Inc | -7.46% |
| SINTX Technologies Inc | 23.67% |
| Palatin Technologies Inc | 95.20% |
| MAIA Biotechnology Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -205.0% |
| Return on Assets | -117.6% |
| Return on Invested Capital | -196.0% |
| Profit Margin (Quarterly) | -56.23% |
| Operating Margin (Quarterly) | -14.54% |
| Return on Net Operating Assets | -128.3% |