IBKKF (iMining Technologies) Gross Margin %: 0.00% (As of Feb. 2022)

What is iMining Technologies Gross Margin %?

iMining Technologies IBKKF Gross Margin % is 0.00% as of Feb. 2022.

Gross Margin % is calculated as gross profit divided by its revenue. iMining Technologies's Gross Profit for the three months ended in Feb. 2022 was $-0.19 Mil. iMining Technologies's Revenue for the three months ended in Feb. 2022 was $-0.19 Mil. Therefore, iMining Technologies's Gross Margin % for the quarter that ended in Feb. 2022 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 iMining Technologies's Gross Margin % or its related term are showing as below:

IBKKF's Gross Margin % is not ranked ^*
in the Capital Markets industry.
Industry Median: 49.63
* Ranked among companies with meaningful Gross Margin % only.

iMining Technologies had a gross margin of N/A% for the quarter that ended in Feb. 2022 => No sustainable competitive advantage

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

iMining Technologies (OTCPK:IBKKF) 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

iMining Technologies had a gross margin of N/A% for the quarter that ended in Feb. 2022 => 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.

iMining Technologies Gross Margin % Related Terms

iMining Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for iMining Technologies'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.

iMining Technologies Gross Margin % Chart

iMining Technologies Annual Data

Trend

May12

May13

May14

May15

May16

May17

May18

May19

May20

May21

Gross Margin %

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0.00

-234.78

-885.40

0.00

iMining Technologies Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
Gross Margin %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

IBKKF vs FDCT, SYSX, EQOSQ: Gross Margin % Comparison

For the Capital Markets subindustry, iMining Technologies'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.

iMining Technologies Gross Margin % vs Capital Markets Industry

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

* The bar in red indicates where iMining Technologies's Gross Margin % falls into.

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iMining Technologies 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.)

iMining Technologies's Gross Margin for the fiscal year that ended in May. 2021 is calculated as

Gross Margin % (A: May. 2021 )	=	Gross Profit (A: May. 2021 )	/	Revenue (A: May. 2021 )
	=	0	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - 0)	/	0
	=	N/A %

iMining Technologies's Gross Margin for the quarter that ended in Feb. 2022 is calculated as

Gross Margin % (Q: Feb. 2022 )	=	Gross Profit (Q: Feb. 2022 )	/	Revenue (Q: Feb. 2022 )
	=	-0.2	/	-0.192
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(-0.192 - 0)	/	-0.192
	=	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?

iMining Technologies (IBKKF) has a Gross Margin % of 0.00% as of Feb. 2022. Gross margin is the ratio of total gross profit to net sales. View historical data on iMining Technologies and its competitors.

Is iMining Technologies' Gross Margin % too high?

iMining Technologies' current Gross Margin % is 0.00%.

How does iMining Technologies' Gross Margin % compare to FDCT and SYSX?

iMining Technologies' Gross Margin % of 0.00% can be compared against companies in the Capital Markets industry. The industry median Gross Margin % is 49.63. 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 Capital Markets company?

The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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 iMining Technologies and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iMining Technologies'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 iMining Technologies stock overvalued right now?

iMining Technologies (IBKKF) 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 iMining Technologies (IBKKF), the current Gross Margin % is 0.00% as of Feb. 2022. 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.

iMining Technologies Business Description

Industry Financial Services Capital Markets

Comparable Companies FDCT SYSX EQOSQ MGTI GMPW MGHL MNTR CRKR LFAP BEGI MS SCHW GS ASX:MQG SHSE:600030 SHSE:601066 RJF HKSE:03908 BSP:BPAC3 LPLA

Address 750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6

Website https://www.imining.com

iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.