LGLOF (Green Block Mining) Gross Margin %: 3.69% (As of Aug. 2021)

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What is Green Block Mining Gross Margin %?

Green Block Mining LGLOF -90.00% Gross Margin % is 3.69% as of Aug. 2021.

Gross Margin % is calculated as gross profit divided by its revenue. Green Block Mining's Gross Profit for the three months ended in Aug. 2021 was $0.03 Mil. Green Block Mining's Revenue for the three months ended in Aug. 2021 was $0.74 Mil. Therefore, Green Block Mining's Gross Margin % for the quarter that ended in Aug. 2021 was 3.69%.


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


LGLOF's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 40.07
* Ranked among companies with meaningful Gross Margin % only.

Green Block Mining had a gross margin of 3.69% for the quarter that ended in Aug. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Green Block Mining was 0.00% per year.


Green Block Mining  (OTCPK:LGLOF) 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

Green Block Mining had a gross margin of 3.69% for the quarter that ended in Aug. 2021 => 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.


Green Block Mining Gross Margin % Related Terms


Green Block Mining Gross Margin % Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Gross Margin % Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Gross Margin %
-70.58 -50.86 -202.87

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 14.05 -501.09 41.58 -164.71 3.69

LGLOF vs CRM, INTU, NOW: Gross Margin % Comparison

For the Software - Application subindustry, Green Block Mining'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.


Green Block Mining Gross Margin % vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Gross Margin % falls into.



Green Block Mining Gross Margin % Calculation

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

Green Block Mining's Gross Margin for the fiscal year that ended in Nov. 2020 is calculated as

Gross Margin % (A: Nov. 2020 )=Gross Profit (A: Nov. 2020 ) / Revenue (A: Nov. 2020 )
=-2.6 / 1.2668760000049
=(Revenue - Cost of Goods Sold) / Revenue
=(1.2668760000049 - 3.8369770000148) / 1.2668760000049
=-202.87 %

Green Block Mining's Gross Margin for the quarter that ended in Aug. 2021 is calculated as


Gross Margin % (Q: Aug. 2021 )=Gross Profit (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=0 / 0.73655000000448
=(Revenue - Cost of Goods Sold) / Revenue
=(0.73655000000448 - 0.70939300000431) / 0.73655000000448
=3.69 %

* 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 3.69% mean?
Green Block Mining (LGLOF) has a Gross Margin % of 3.69% as of Aug. 2021. Gross margin is the ratio of total gross profit to net sales. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Gross Margin % too high?
Green Block Mining's current Gross Margin % is 3.69%. The Software industry median Gross Margin % is 40.07. Green Block Mining's value of 3.69% is 90.8% below this industry median.
How does Green Block Mining's Gross Margin % compare to CRM and INTU?
Green Block Mining's Gross Margin % of 3.69% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.07. Green Block Mining's value of 3.69% is 90.8% below this benchmark. 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 Software company?
The median Gross Margin % among Software companies is 40.07, based on 2,684 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. Green Block Mining's current Gross Margin % of 3.69% is 90.8% below the industry median. 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 Green Block Mining and its competitors. For the Software industry, the median Gross Margin % is 40.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Gross Margin % is 3.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Gross Margin % of 3.69%. The current Gross Margin % is 3.69% and 90.8% below the Software industry median of 40.07. 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 Green Block Mining (LGLOF), the current Gross Margin % is 3.69% as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.