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Pideka Group (Pideka Group) Gross Margin % : 203.17% (As of Sep. 2021)


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What is Pideka Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pideka Group's Gross Profit for the three months ended in Sep. 2021 was $0.13 Mil. Pideka Group's Revenue for the three months ended in Sep. 2021 was $0.06 Mil. Therefore, Pideka Group's Gross Margin % for the quarter that ended in Sep. 2021 was 203.17%.


The historical rank and industry rank for Pideka Group's Gross Margin % or its related term are showing as below:


CIMVF's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 46.48
* Ranked among companies with meaningful Gross Margin % only.

Pideka Group had a gross margin of 203.17% for the quarter that ended in Sep. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pideka Group was 0.00% per year.


Pideka Group Gross Margin % Historical Data

The historical data trend for Pideka Group's Gross Margin % 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.

* Premium members only.

Pideka Group Gross Margin % Chart

Pideka Group Annual Data
Trend
Gross Margin %

Pideka Group Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21
Gross Margin % Get a 7-Day Free Trial 14.98 7.98 -9.70 -51.83 203.17

Competitive Comparison of Pideka Group's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Pideka Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pideka Group's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pideka Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pideka Group's Gross Margin % falls into.



Pideka Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Pideka Group's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Pideka Group's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=0.1 / 0.063
=(Revenue - Cost of Goods Sold) / Revenue
=(0.063 - -0.065) / 0.063
=203.17 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Pideka Group  (OTCPK:CIMVF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pideka Group had a gross margin of 203.17% for the quarter that ended in Sep. 2021 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Pideka Group Gross Margin % Related Terms

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Pideka Group (Pideka Group) Business Description

Traded in Other Exchanges
N/A
Address
40 King Street West, 2100 Scotia Plaza, Toronto, ON, CAN, M5H 3C2
Pideka Group Inc is multi-national operator with a medical grade indoor cultivation facility and laboratory in Colombia which holds GMP-PHARMA and good agricultural and collection practice certifications, and a retail operation in California.