Mijem Newcomm Tech (XCNQ:MJEM) COGS-to-Revenue : 0.00 (As of Jan. 2024)

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What is Mijem Newcomm Tech COGS-to-Revenue?

Mijem Newcomm Tech's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.00 Mil. Its Revenue for the three months ended in Jan. 2024 was C$0.00 Mil.

Mijem Newcomm Tech's COGS to Revenue for the three months ended in Jan. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mijem Newcomm Tech's Gross Margin % for the three months ended in Jan. 2024 was N/A%.

Mijem Newcomm Tech COGS-to-Revenue Historical Data

The historical data trend for Mijem Newcomm 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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Mijem Newcomm Tech COGS-to-Revenue Chart

Mijem Newcomm Tech Annual Data

Trend

Dec20

Jul21

Jul22

Jul23

COGS-to-Revenue

21.14

42.00

Mijem Newcomm Tech Quarterly Data
	Oct20	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial							-	-	-	-	-

Mijem Newcomm Tech COGS-to-Revenue Calculation

Mijem Newcomm Tech's COGS to Revenue for the fiscal year that ended in Jul. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.127	/	0
	=

Mijem Newcomm Tech's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Mijem Newcomm Tech (XCNQ:MJEM) COGS-to-Revenue Explanation

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

Mijem Newcomm Tech's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

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.

Mijem Newcomm Tech COGS-to-Revenue Related Terms

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Mijem Newcomm Tech (XCNQ:MJEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mijem Newcomm Tech Inc (XCNQ:MJEM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Carroll St, Toronto, ON, CAN, M4M 3G3

Website

https://www.mijem.com

Mijem Newcomm Tech Inc is engaged in the development and monetization of online and mobile applications.

Mijem Newcomm Tech (XCNQ:MJEM) Headlines

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