Rocket Sharing Co SpA (MIL:RKT) COGS-to-Revenue : 1.44 (As of Dec. 2023)

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What is Rocket Sharing Co SpA COGS-to-Revenue?

Rocket Sharing Co SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.50 Mil. Its Revenue for the six months ended in Dec. 2023 was €1.73 Mil.

Rocket Sharing Co SpA's COGS to Revenue for the six months ended in Dec. 2023 was 1.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rocket Sharing Co SpA's Gross Margin % for the six months ended in Dec. 2023 was -44.31%.

Rocket Sharing Co SpA COGS-to-Revenue Historical Data

The historical data trend for Rocket Sharing Co SpA'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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Rocket Sharing Co SpA COGS-to-Revenue Chart

Rocket Sharing Co SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.67

1.05

1.25

1.28

Rocket Sharing Co SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			1.00	1.09	1.41	1.12	1.44

Rocket Sharing Co SpA COGS-to-Revenue Calculation

Rocket Sharing Co SpA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.444	/	3.47
	=	1.28

Rocket Sharing Co SpA's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.498	/	1.731
	=	1.44

Rocket Sharing Co SpA (MIL:RKT) COGS-to-Revenue Explanation

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

Rocket Sharing Co SpA's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.498 / 1.731
	=	-44.31 %

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.

Rocket Sharing Co SpA COGS-to-Revenue Related Terms

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Rocket Sharing Co SpA (MIL:RKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rocket Sharing Co SpA (MIL:RKT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Galleria San Babila 4/a, Milan, ITA

Website

https://www.rocketsharing.it

Rocket Sharing Co SpA has developed a technology-based marketplace blockchain. Through its platform, consumers are encouraged to purchase products and services which provides a cashback incentive mechanism, that allows users to accumulate vouchers to be used as a discount on subsequent purchases.