FIFG (First Foods Group) Gross Margin %: 0.00% (As of Sep. 2023)

What is First Foods Group Gross Margin %?

First Foods Group FIFG -99.50% Gross Margin % is 0.00% as of Sep. 2023.

Gross Margin % is calculated as gross profit divided by its revenue. First Foods Group's Gross Profit for the three months ended in Sep. 2023 was $0.00 Mil. First Foods Group's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, First Foods Group's Gross Margin % for the quarter that ended in Sep. 2023 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 First Foods Group's Gross Margin % or its related term are showing as below:

FIFG's Gross Margin % is not ranked ^*
in the Business Services industry.
Industry Median: 34.46
* Ranked among companies with meaningful Gross Margin % only.

First Foods Group had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for First Foods Group was 0.00% per year.

First Foods Group (OTCPK:FIFG) 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

First Foods Group had a gross margin of N/A% for the quarter that ended in Sep. 2023 => 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.

First Foods Group Gross Margin % Related Terms

First Foods Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for First Foods Group'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.

First Foods Group Gross Margin % Chart

First Foods Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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0.00

93.56

83.17

35.81

5.88

First Foods Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															50.00	500.00	0.00	0.00	0.00

FIFG vs BLIS, JFIL, FRTG: Gross Margin % Comparison

For the Specialty Business Services subindustry, First Foods Group'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.

First Foods Group Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, First Foods Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where First Foods Group's Gross Margin % falls into.

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First Foods Group 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.)

First Foods Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	0	/	0.085
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.085 - 0.08)	/	0.085
	=	5.88 %

First Foods Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	0.001
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.001 - 0)	/	0.001
	=	N/A %

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?

First Foods Group (FIFG) has a Gross Margin % of 0.00% as of Sep. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on First Foods Group and its competitors.

Is First Foods Group's Gross Margin % too high?

First Foods Group's current Gross Margin % is 0.00%.

How does First Foods Group's Gross Margin % compare to BLIS and JFIL?

First Foods Group's Gross Margin % of 0.00% can be compared against companies in the Business Services industry. The industry median Gross Margin % is 34.46. 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 a Business Services company?

The median Gross Margin % among Business Services companies is 34.46, based on 1,007 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 First Foods Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Foods Group'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 First Foods Group stock overvalued right now?

First Foods Group (FIFG) 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 First Foods Group (FIFG), the current Gross Margin % is 0.00% as of Sep. 2023. 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.

First Foods Group Business Description

Industry Industrials Business Services

Comparable Companies BLIS JFIL FRTG SMX ELVG ADMQ GPOX LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA DLB LSE:ITRK TSE:7911

Address c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014

Website https://www.firstfoodsgroup.com

First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.