CHMJF (Waverunner Capital) Gross Margin %: 0.00% (As of Mar. 2026)


What is Waverunner Capital Gross Margin %?

Waverunner Capital CHMJF Gross Margin % is 0.00% as of Mar. 2026. The stock has 1 warning sign investors should review. Among 548 Asset Management companies, Waverunner Capital ranks worse than 182481.57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Waverunner Capital's Gross Profit for the three months ended in Mar. 2026 was $0.00 Mil. Waverunner Capital's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Waverunner Capital's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Waverunner Capital was 25.47%. The lowest was 22.01%. And the median was 23.74%.

CHMJF's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 57.9
* Ranked among companies with meaningful Gross Margin % only.

Waverunner Capital had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

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


Waverunner Capital  (OTCPK:CHMJF) 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

Waverunner Capital had a gross margin of N/A% for the quarter that ended in Mar. 2026 => 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.


Waverunner Capital Gross Margin % Related Terms


Waverunner Capital Gross Margin % Historical Data

* Premium members only.

The historical data trend for Waverunner Capital'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.

Waverunner Capital Gross Margin % Chart

Waverunner Capital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
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Waverunner Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CHMJF vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Waverunner Capital'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.


Waverunner Capital Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Waverunner Capital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Waverunner Capital's Gross Margin % falls into.



Waverunner Capital Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Waverunner Capital's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Waverunner Capital's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Waverunner Capital (CHMJF) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Waverunner Capital and its competitors. Over the past decade, Waverunner Capital's Gross Margin % has ranged from 22.01 to 25.47. According to the industry distribution chart, Waverunner Capital ranks #999999 out of 548 companies in the Asset Management industry.
Is Waverunner Capital's Gross Margin % too high?
Waverunner Capital's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 22.01 to a high of 25.47. Based on the distribution chart, Waverunner Capital ranks #999999 out of 548 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Waverunner Capital's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Waverunner Capital ranks #999999 out of 548 companies for Gross Margin %. This places Waverunner Capital in the lower half of its industry. The industry median Gross Margin % is 57.90. Historically, Waverunner Capital's own Gross Margin % has ranged from 22.01 to 25.47 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.90, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Waverunner Capital and its competitors. For the Asset Management industry, the median Gross Margin % is 57.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waverunner Capital's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waverunner Capital stock overvalued right now?
Waverunner Capital (CHMJF) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Waverunner Capital (CHMJF), the current Gross Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Waverunner Capital Business Description

Other Exchanges WRUN:Canada
Address 828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7P 3R9
Waverunner Capital Inc is a venture capital investment company that focuses on opportunistic investments across a broad range of industries, and is seeking to invest in early stage, helping companies where it may be the primary investor and can additionally provide investees with advisory services, mentoring and access to the company's management expertise. The Company operates in one reportable segment, being the business of investment in early stage companies.