The Flowr Corp (FLWPF)
Flowr Gross Profit Margin (Quarterly)
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Data for this Date Range | |
|---|---|
| June 30, 2019 | 62.09% |
| March 31, 2019 | 22.27% |
| Dec. 31, 2018 | 31.91% |
There is no data for the selected date range.
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About Gross Profit Margin
A gross profit margin is the difference between sales and the cost of goods sold divided by revenue. This represents the percentage of each dollar of a company's revenue available after accounting for cost of goods sold.
If a company produces phones and earns $32 million in sales but pays $24 million for the items sold, then the company's gross profit margin would be ($32M - $24M) / $32M = 25 percent.
Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is $250, the current gross profit margin is 50 percent ((500-250)/500). If the company is able to reduce production costs from $250 to $200, the gross profit margin is 60 percent ((500-200)/500).
Note : Profit margins are very dependent on sector. Companies that sell bland potato chips may not have very high margins, but will sell a sizable quantity of potato chips. A company that sells consulting services will likely have higher profit margins, but sell lower quantities.
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Gross Profit Margin (Quarterly) Benchmarks
| Benchmarks | |
|---|---|
| CanaQuest Medical Corp | -- |
| Sunshine Biopharma Inc | 27.75% |
| Edesa Biotech Inc | -- |
Gross Profit Margin (Quarterly) Range, Past 5 Years
| Minimum | 22.27% | Mar 2019 |
| Maximum | 62.09% | Jun 2019 |
| Average | 38.76% |
News
Globe Newswire 11/26 17:01 ET
Globe Newswire 08/08 11:48 ET
Globe Newswire 08/07 16:45 ET
