The historical rank and industry rank for Resonate Blends's Gross Margin % or its related term are showing as below:
KOAN'
s Gross Margin % Range Over the Past 10 Years
Min: -612.5 Med: 59.19 Max: 77.51
Current: 57.19
During the past 13 years, the highestGross Margin % of Resonate Blends was 77.51%. The lowest was -612.50%. And the median was 59.19%.
KOAN's Gross Margin % is ranked better than 65.47% of 947
companies
in the Drug Manufacturers industry
Industry Median: 47.59
vs KOAN: 57.19
Resonate Blends had a gross margin of 69.95% for the quarter that ended in Sep. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Resonate Blends was 0.00% per year.
Resonate Blends Gross Margin % Historical Data
The historical data trend for Resonate Blends'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.
Competitive Comparison of Resonate Blends's Gross Margin %
For the Drug Manufacturers - Specialty & Generic subindustry, Resonate Blends'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.
Resonate Blends's Gross Margin % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Resonate Blends's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Resonate Blends's Gross Margin % falls into.
* 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.
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
Resonate Blends had a gross margin of 69.95% for the quarter that ended in Sep. 2024 => Durable 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.
Resonate Blends Gross Margin % Related Terms
Thank you for viewing the detailed overview of Resonate Blends's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Resonate Blends Inc engages in the discovery, development and marketing of products designed to better mankind. The company believes It is positioning its company as a leader in the field of Regenerative Medicine defined by the National Institute of Health using nutritionally designed products. Intended products are to be marketed under third-party label exemptions. It is focusing its current efforts on marketing licensed patent-pending natural stem cell mobilizing agents capable of enhancing each individual's ability to mobilize their adult stem cells from their bone marrow.
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