Tokens.com (TSXV:COIN) COGS-to-Revenue : 0.41 (As of Dec. 2023)

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What is Tokens.com COGS-to-Revenue?

Tokens.com's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.17 Mil. Its Revenue for the three months ended in Dec. 2023 was C$0.42 Mil.

Tokens.com's COGS to Revenue for the three months ended in Dec. 2023 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tokens.com's Gross Margin % for the three months ended in Dec. 2023 was 59.19%.

Tokens.com COGS-to-Revenue Historical Data

The historical data trend for Tokens.com'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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Tokens.com COGS-to-Revenue Chart

Tokens.com Annual Data

Trend

Dec20

Dec21

Sep22

Sep23

COGS-to-Revenue

0.28

0.53

1.44

Tokens.com Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							3.40	0.67	1.29	3.65	0.41

Tokens.com COGS-to-Revenue Calculation

Tokens.com's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.107	/	0.769
	=	1.44

Tokens.com's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.171	/	0.419
	=	0.41

Tokens.com (TSXV:COIN) COGS-to-Revenue Explanation

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

Tokens.com'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	-	0.171 / 0.419
	=	59.19 %

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.

Tokens.com COGS-to-Revenue Related Terms

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Tokens.com (TSXV:COIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tokens.com Corp (TSXV:COIN) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

SMURF:USA 76M:Germany

Address

100 King Street West, 3400 One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

https://www.tokens.com

Tokens.com Corp is traded technology company that invests in web3 assets and builds web3 business. It operates the technology that secures next generation blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. It generate majority of its revenue from staking.