Tribe Property Technologies (TSXV:TRBE) COGS-to-Revenue : 0.70 (As of Dec. 2023)

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What is Tribe Property Technologies COGS-to-Revenue?

Tribe Property Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was C$3.57 Mil. Its Revenue for the three months ended in Dec. 2023 was C$5.11 Mil.

Tribe Property Technologies's COGS to Revenue for the three months ended in Dec. 2023 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tribe Property Technologies's Gross Margin % for the three months ended in Dec. 2023 was 30.10%.

Tribe Property Technologies COGS-to-Revenue Historical Data

The historical data trend for Tribe Property Technologies's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tribe Property Technologies COGS-to-Revenue Chart

Tribe Property Technologies Annual Data

Trend

Apr20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.72

0.53

0.65

0.63

Tribe Property Technologies Quarterly Data
	Jan20	Apr20	Sep20	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial										0.75	0.61	-	0.61	0.70

Tribe Property Technologies COGS-to-Revenue Calculation

Tribe Property Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.196	/	19.388
	=	0.63

Tribe Property Technologies's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.572	/	5.11
	=	0.70

Tribe Property Technologies (TSXV:TRBE) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Tribe Property Technologies's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3.572 / 5.11
	=	30.10 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Tribe Property Technologies (TSXV:TRBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tribe Property Technologies Inc (TSXV:TRBE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TRPTF:USA

Address

1166 Alberni Street, Suite 1606, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.tribetech.com

Tribe Property Technologies Inc is a property technology company engaged in offering technology-enabled property management services to meet the needs of developers, condominium and residential communities, owners and residents. As a tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of stakeholders than traditional service providers. The company's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform.

Executives

Joseph Nakhla

10% Security Holder, Director, Senior Officer

Tribe Property Technologies (TSXV:TRBE) Headlines

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