Network Media Group (TSXV:NTE) COGS-to-Revenue : 0.58 (As of Nov. 2023)

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What is Network Media Group COGS-to-Revenue?

Network Media Group's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.81 Mil. Its Revenue for the three months ended in Nov. 2023 was C$1.40 Mil.

Network Media Group's COGS to Revenue for the three months ended in Nov. 2023 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Network Media Group's Gross Margin % for the three months ended in Nov. 2023 was 42.15%.

Network Media Group COGS-to-Revenue Historical Data

The historical data trend for Network Media Group'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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Network Media Group COGS-to-Revenue Chart

Network Media Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

COGS-to-Revenue

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0.07

0.05

0.52

0.16

0.40

Network Media Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
COGS-to-Revenue	Get a 7-Day Free Trial															0.10	0.31	0.66	0.25	0.58

Network Media Group COGS-to-Revenue Calculation

Network Media Group's COGS to Revenue for the fiscal year that ended in Nov. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.875	/	7.127
	=	0.40

Network Media Group's COGS to Revenue for the quarter that ended in Nov. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.807	/	1.395
	=	0.58

Network Media Group (TSXV:NTE) COGS-to-Revenue Explanation

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

Network Media Group's Gross Margin % for the three months ended in Nov. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.807 / 1.395
	=	42.15 %

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.

Network Media Group COGS-to-Revenue Related Terms

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Network Media Group (TSXV:NTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network Media Group Inc (TSXV:NTE) » Definitions » COGS-to-Revenue

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NETWF:USA

Address

1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5

Website

https://www.networkentertainment.ca

Network Media Group Inc is a television, film, and NFT production company. Through its subsidiaries, the company is engaged in the development and production of entertainment content. The company develops and produces film, and television and NFT properties in addition to providing production services to third parties. The principal business of the company is the development, financing, production, marketing and distribution of documentaries and docu-series. Network NFT Studios collaborates with IP owners, artists and top talent to create engagement campaigns using non-fungible tokens.

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