MetaWorks Platforms (XCNQ:MWRK) COGS-to-Revenue : 0.00 (As of Mar. 2024)

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What is MetaWorks Platforms COGS-to-Revenue?

MetaWorks Platforms's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil. Its Revenue for the three months ended in Mar. 2024 was C$0.00 Mil.

MetaWorks Platforms's COGS to Revenue for the three months ended in Mar. 2024 was 0.00.

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

MetaWorks Platforms COGS-to-Revenue Historical Data

The historical data trend for MetaWorks Platforms'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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MetaWorks Platforms COGS-to-Revenue Chart

MetaWorks Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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-0.23

0.12

4.39

0.67

1.06

MetaWorks Platforms Quarterly Data
	Jun19	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															10.81	0.10	0.10	-	-

MetaWorks Platforms COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.591	/	0.557
	=	1.06

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

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

MetaWorks Platforms (XCNQ:MWRK) COGS-to-Revenue Explanation

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

MetaWorks Platforms'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	-	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.

MetaWorks Platforms COGS-to-Revenue Related Terms

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MetaWorks Platforms (XCNQ:MWRK) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » MetaWorks Platforms Inc (XCNQ:MWRK) » Definitions » COGS-to-Revenue

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MWRK:USA

Address

3250 Oakland Hills Court, Fairfield, CA, USA, 94534

Website

https://www.metaworksplatforms.io

MetaWorks Platforms Inc is a full-service blockchain and web development platform provider. The Company's business model is to provide a turnkey set of services to develop and integrate Web 3.0 / Metaverse technologies, NFT, blockchain, and cryptocurrency technologies. It offers a set of services for companies to develop and integrate blockchain and payment technologies into their business operations. It builds and operates FinTech Platforms-as-a-Service for digital currencies, digital securities tokens, and digital assets. The firm generates the majority of its revenue from the sale of movie rights.