Orthogonal Global Group (XCNQ:OGG) COGS-to-Revenue : 0.74 (As of Dec. 2023)

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What is Orthogonal Global Group COGS-to-Revenue?

Orthogonal Global Group's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.01 Mil. Its Revenue for the three months ended in Dec. 2023 was C$0.02 Mil.

Orthogonal Global Group's COGS to Revenue for the three months ended in Dec. 2023 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Orthogonal Global Group's Gross Margin % for the three months ended in Dec. 2023 was 26.32%.

Orthogonal Global Group COGS-to-Revenue Historical Data

The historical data trend for Orthogonal Global 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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Orthogonal Global Group COGS-to-Revenue Chart

Orthogonal Global Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

0.88

Orthogonal Global Group Quarterly Data
	Jun19	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial								-	-	-	0.93	0.74

Orthogonal Global Group COGS-to-Revenue Calculation

Orthogonal Global Group's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.042	/	0.048
	=	0.88

Orthogonal Global Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.014	/	0.019
	=	0.74

Orthogonal Global Group (XCNQ:OGG) COGS-to-Revenue Explanation

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

Orthogonal Global Group's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.014 / 0.019
	=	26.32 %

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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Orthogonal Global Group (XCNQ:OGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Orthogonal Global Group Inc (XCNQ:OGG) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

OGGIF:USA 8M9:Germany

Address

22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2

Website

https://www.w3ven.com

Orthogonal Global Group Inc is a diversified investment company focused on identifying, incubating, accelerating, and developing world-class projects and applications for the decentralized web. Focused on supporting founders and entrepreneurs, Orthogonal Global core investment pillars are blockchain-based transparency, secured identity, verified communications, and gamification, focusing on early-stage, small and medium enterprises in the burgeoning Web three sector.

Orthogonal Global Group (XCNQ:OGG) Headlines

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