1CM (MILFF) Gross Margin %: 19.66% (As of Feb. 2026) — Near Median


What is 1CM Gross Margin %?

1CM MILFF Gross Margin % is 19.66% as of Feb. 2026, which is 1% above its 10-year median of 19.54. The stock has 4 warning signs investors should review. Among 938 Drug Manufacturers companies, 1CM ranks worse than 90.09% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. 1CM's Gross Profit for the three months ended in Feb. 2026 was $2.57 Mil. 1CM's Revenue for the three months ended in Feb. 2026 was $13.07 Mil. Therefore, 1CM's Gross Margin % for the quarter that ended in Feb. 2026 was 19.66%.


The historical rank and industry rank for 1CM's Gross Margin % or its related term are showing as below:

MILFF' s Gross Margin % Range Over the Past 10 Years
Min: -50.83   Med: 19.54   Max: 21.53
Current: 21.03


During the past 13 years, the highest Gross Margin % of 1CM was 21.53%. The lowest was -50.83%. And the median was 19.54%.

MILFF's Gross Margin % is ranked worse than
90.09% of 938 companies
in the Drug Manufacturers industry
Industry Median: 48.44 vs MILFF: 21.03

1CM had a gross margin of 19.66% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for 1CM was 0.00% per year.


1CM  (OTCPK:MILFF) 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

1CM had a gross margin of 19.66% for the quarter that ended in Feb. 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.


1CM Gross Margin % Related Terms


1CM Gross Margin % Historical Data

* Premium members only.

The historical data trend for 1CM'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.

1CM Gross Margin % Chart

1CM Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.17 -50.77 21.53 19.54 21.08

1CM Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 20.27 21.49 21.48 21.41 19.66

MILFF vs ZTS: Gross Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 1CM'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.


1CM Gross Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1CM's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 1CM's Gross Margin % falls into.



1CM Gross Margin % Calculation

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

1CM's Gross Margin for the fiscal year that ended in Aug. 2025 is calculated as

Gross Margin % (A: Aug. 2025 )=Gross Profit (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=11.2 / 53.177
=(Revenue - Cost of Goods Sold) / Revenue
=(53.177 - 41.969) / 53.177
=21.08 %

1CM's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=2.6 / 13.069
=(Revenue - Cost of Goods Sold) / Revenue
=(13.069 - 10.5) / 13.069
=19.66 %

* 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 19.66% mean?
1CM (MILFF) has a Gross Margin % of 19.66% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on 1CM and its competitors. This is near median its historical median of 19.54. According to the industry distribution chart, 1CM ranks #845 out of 938 companies in the Drug Manufacturers industry, placing it in the top 90.1%.
Is 1CM's Gross Margin % too high?
1CM's current Gross Margin % of 19.66% is near median its 10-year median of 19.54. The Drug Manufacturers industry median Gross Margin % is 48.44. 1CM's value of 19.66% is 59.4% below this industry median. Based on the distribution chart, 1CM ranks #845 out of 938 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does 1CM's Gross Margin % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, 1CM ranks #845 out of 938 companies for Gross Margin %. This places 1CM in the lower half of its industry. The industry median Gross Margin % is 48.44. 1CM's value of 19.66% is 59.4% below this benchmark. While the company's 10-year median is 19.54 vs. the industry median of 48.44, 1CM has consistently been below the industry average. 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 Drug Manufacturers company?
The median Gross Margin % among Drug Manufacturers companies is 48.44, based on 938 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. 1CM's current Gross Margin % of 19.66% is 59.4% 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 1CM and its competitors. For the Drug Manufacturers industry, the median Gross Margin % is 48.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1CM's current Gross Margin % is 19.66%, which is near median its own 10-year median of 19.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1CM stock overvalued right now?
Based on GuruFocus' analysis, 1CM (MILFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.27, compared to a current price of $0.08 — trading 71.1% below its estimated fair value. The current Gross Margin % is 19.66%, which is near median its 10-year median of 19.54 and 59.4% below the Drug Manufacturers industry median of 48.44. 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 1CM (MILFF), the current Gross Margin % is 19.66% as of Feb. 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.

1CM Business Description

Other Exchanges EPIC:Canada
Address 625 Cochrane Drive, Suite 802, Markham, ON, CAN, L3R9R9
1CM Inc is a multi-jurisdictional cannabis company focused on its retail customers and technology to democratize cannabis markets. The Company focuses on expanding its current operations through organic growth and by way of merger and acquisition transactions. It has a single operating segment, being Cannabis.