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CBTTF (Cathedra Bitcoin) Gross Margin % : 12.99% (As of Sep. 2024)


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What is Cathedra Bitcoin Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cathedra Bitcoin's Gross Profit for the three months ended in Sep. 2024 was $0.56 Mil. Cathedra Bitcoin's Revenue for the three months ended in Sep. 2024 was $4.33 Mil. Therefore, Cathedra Bitcoin's Gross Margin % for the quarter that ended in Sep. 2024 was 12.99%.


The historical rank and industry rank for Cathedra Bitcoin's Gross Margin % or its related term are showing as below:

CBTTF' s Gross Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 12.99
Current: 12.99


During the past 0 years, the highest Gross Margin % of Cathedra Bitcoin was 12.99%. The lowest was 0.00%. And the median was 0.00%.

CBTTF's Gross Margin % is ranked worse than
79.41% of 607 companies
in the Capital Markets industry
Industry Median: 49.65 vs CBTTF: 12.99

Cathedra Bitcoin had a gross margin of 12.99% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cathedra Bitcoin was 0.00% per year.


Cathedra Bitcoin Gross Margin % Historical Data

The historical data trend for Cathedra Bitcoin's Gross Margin % 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.

* Premium members only.

Cathedra Bitcoin Gross Margin % Chart

Cathedra Bitcoin Annual Data
Trend
Gross Margin %

Cathedra Bitcoin Quarterly Data
Sep23 Sep24
Gross Margin % 20.15 12.99

Competitive Comparison of Cathedra Bitcoin's Gross Margin %

For the Capital Markets subindustry, Cathedra Bitcoin's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cathedra Bitcoin's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cathedra Bitcoin's Gross Margin % falls into.



Cathedra Bitcoin Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cathedra Bitcoin's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Cathedra Bitcoin's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.6 / 4.325
=(Revenue - Cost of Goods Sold) / Revenue
=(4.325 - 3.763) / 4.325
=12.99 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Cathedra Bitcoin  (OTCPK:CBTTF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cathedra Bitcoin had a gross margin of 12.99% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Cathedra Bitcoin Gross Margin % Related Terms

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Cathedra Bitcoin Business Description

Comparable Companies
Traded in Other Exchanges
Address
320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3
Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications including bitcoin mining and artificial intelligence.

Cathedra Bitcoin Headlines