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Medical Cannabis Payment Solutions (Medical Cannabis Payment Solutions) Gross Margin % : 0.00% (As of . 20)


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What is Medical Cannabis Payment Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Medical Cannabis Payment Solutions's Gross Profit for the three months ended in . 20 was $0.00 Mil. Medical Cannabis Payment Solutions's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Medical Cannabis Payment Solutions's Gross Margin % for the quarter that ended in . 20 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 Medical Cannabis Payment Solutions's Gross Margin % or its related term are showing as below:


REFG's Gross Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 41.4
* Ranked among companies with meaningful Gross Margin % only.

Medical Cannabis Payment Solutions had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Medical Cannabis Payment Solutions was 0.00% per year.


Medical Cannabis Payment Solutions Gross Margin % Historical Data

The historical data trend for Medical Cannabis Payment Solutions'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.

Medical Cannabis Payment Solutions Gross Margin % Chart

Medical Cannabis Payment Solutions Annual Data
Trend
Gross Margin %

Medical Cannabis Payment Solutions Quarterly Data
Gross Margin %

Competitive Comparison of Medical Cannabis Payment Solutions's Gross Margin %

For the Health Information Services subindustry, Medical Cannabis Payment Solutions'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.


Medical Cannabis Payment Solutions's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical Cannabis Payment Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Medical Cannabis Payment Solutions's Gross Margin % falls into.



Medical Cannabis Payment Solutions 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.)

Medical Cannabis Payment Solutions's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Medical Cannabis Payment Solutions's Gross Margin for the quarter that ended in . 20 is calculated as


Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

* 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.


Medical Cannabis Payment Solutions  (OTCPK:REFG) 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

Medical Cannabis Payment Solutions had a gross margin of N/A% for the quarter that ended in . 20 => 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.


Medical Cannabis Payment Solutions Gross Margin % Related Terms

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Medical Cannabis Payment Solutions (Medical Cannabis Payment Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5940 S. Rainbow Blvd., Las Vegas, NV, USA, 89118
Medical Cannabis Payment Solutions Inc is a United States-based company. Along with its subsidiaries, the firm is engaged in the development of ancillary services for the medical marijuana industry. The company offers a software product named Go that is a proprietary merchant processing system designed to serve the monetary demands of the state-legalized cannabis market and offers electronic payment, eCommerce features, solves cash handling issues and gives immediate access to funds.