Wishpond Technologies (TSXV:WISH) COGS-to-Revenue : 0.32 (As of Mar. 2024)

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What is Wishpond Technologies COGS-to-Revenue?

Wishpond Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was C$1.92 Mil. Its Revenue for the three months ended in Mar. 2024 was C$6.05 Mil.

Wishpond Technologies's COGS to Revenue for the three months ended in Mar. 2024 was 0.32.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wishpond Technologies's Gross Margin % for the three months ended in Mar. 2024 was 68.25%.

Wishpond Technologies COGS-to-Revenue Historical Data

The historical data trend for Wishpond Technologies'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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Wishpond Technologies COGS-to-Revenue Chart

Wishpond Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.36

0.34

0.32

0.34

Wishpond Technologies Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial														0.34	0.35	0.34	0.34	0.32

Wishpond Technologies COGS-to-Revenue Calculation

Wishpond Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.898	/	23.088
	=	0.34

Wishpond Technologies's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.921	/	6.05
	=	0.32

Wishpond Technologies (TSXV:WISH) COGS-to-Revenue Explanation

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

Wishpond Technologies's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.921 / 6.05
	=	68.25 %

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.

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Wishpond Technologies (TSXV:WISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wishpond Technologies Ltd (TSXV:WISH) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

WPNDF:USA

Address

422 Richards Street, No.170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.wishpond.com

Wishpond Technologies Ltd is a provider of marketing-focused online business solutions providing digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities from one integrated platform. It replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. It serves over 3,700 customers who are mainly small-to-medium size businesses in a wide variety of industries. The company employs a Software-as-a-Service (SaaS) business model where substantially all its revenue is subscription-based recurring revenue.

Executives

David Pais

Senior Officer

Wishpond Technologies (TSXV:WISH) Headlines

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