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NTRB (Nutriband) Gross Margin % : 29.57% (As of Oct. 2024)


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What is Nutriband Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nutriband's Gross Profit for the three months ended in Oct. 2024 was $0.19 Mil. Nutriband's Revenue for the three months ended in Oct. 2024 was $0.65 Mil. Therefore, Nutriband's Gross Margin % for the quarter that ended in Oct. 2024 was 29.57%.


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

NTRB' s Gross Margin % Range Over the Past 10 Years
Min: -47.98   Med: 34.46   Max: 41.34
Current: 31.59


During the past 9 years, the highest Gross Margin % of Nutriband was 41.34%. The lowest was -47.98%. And the median was 34.46%.

NTRB's Gross Margin % is ranked worse than
74.7% of 747 companies
in the Biotechnology industry
Industry Median: 60.58 vs NTRB: 31.59

Nutriband had a gross margin of 29.57% for the quarter that ended in Oct. 2024 => Competition eroding margins

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


Nutriband Gross Margin % Historical Data

The historical data trend for Nutriband'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.

* Premium members only.

Nutriband Gross Margin % Chart

Nutriband Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only -47.98 33.47 35.44 36.06 41.34

Nutriband Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 37.15 34.48 40.34 23.02 29.57

Competitive Comparison of Nutriband's Gross Margin %

For the Biotechnology subindustry, Nutriband'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.


Nutriband's Gross Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nutriband's Gross Margin % distribution charts can be found below:

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



Nutriband Gross Margin % Calculation

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

Nutriband's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=0.9 / 2.085
=(Revenue - Cost of Goods Sold) / Revenue
=(2.085 - 1.223) / 2.085
=41.34 %

Nutriband's Gross Margin for the quarter that ended in Oct. 2024 is calculated as


Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=0.2 / 0.646
=(Revenue - Cost of Goods Sold) / Revenue
=(0.646 - 0.455) / 0.646
=29.57 %

* 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.


Nutriband  (NAS:NTRB) 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

Nutriband had a gross margin of 29.57% for the quarter that ended in Oct. 2024 => Competition eroding margins


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.


Nutriband Gross Margin % Related Terms

Thank you for viewing the detailed overview of Nutriband's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nutriband Business Description

Traded in Other Exchanges
Address
121 South Orange Avenue, Suite 1500, Orlando, FL, USA, 32801
Nutriband Inc is engaged in the development of a portfolio of transdermal pharmaceutical products. AVERSA technology is the company's product that incorporates aversive agents to prevent the Abuse, Diversion, Misuse, and Accidental exposure of drugs with abuse potential specifically Opioids. The majority of the revenue is generated from the sale of goods that include consumer transdermal and coated products.
Executives
Michael Davidov director 60 EAST 42 STREET, NEW YORK NY 10165
Serguei Melnik director, 10 percent owner, officer: Chief Financial Officer
Gareth Sheridan director, 10 percent owner, officer: CEO 6064 CENTRAL COLLEGE RD., NEW ALBANY OH 43054
Vitalie Botgros director, 10 percent owner, officer: Chairman of the BOD GREGERSTR 36B, FISHAMEND C4 2401

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