XR Immersive Tech (XCNQ:VRAI) COGS-to-Revenue : 0.00 (As of Dec. 2023)

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What is XR Immersive Tech COGS-to-Revenue?

XR Immersive Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Its Revenue for the three months ended in Dec. 2023 was C$-0.02 Mil.

XR Immersive Tech's COGS to Revenue for the three months ended in Dec. 2023 was 0.00.

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

XR Immersive Tech COGS-to-Revenue Historical Data

The historical data trend for XR Immersive Tech'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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XR Immersive Tech COGS-to-Revenue Chart

XR Immersive Tech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.62

0.89

0.35

0.03

XR Immersive Tech Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.38	0.02	0.03	0.01	-

XR Immersive Tech COGS-to-Revenue Calculation

XR Immersive Tech's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.017	/	0.522
	=	0.03

XR Immersive Tech's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.007	/	-0.022
	=

XR Immersive Tech (XCNQ:VRAI) COGS-to-Revenue Explanation

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

XR Immersive Tech'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	-	0.007 / -0.022
	=	%

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.

XR Immersive Tech COGS-to-Revenue Related Terms

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XR Immersive Tech (XCNQ:VRAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XR Immersive Tech Inc (XCNQ:VRAI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

FNTTF:USA 79W:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.immersivetech.co

XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (XCNQ:VRAI) Headlines

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