EvokAI Creative Labs (TSXV:OKAI) Gross Margin %: 0.00% (As of Sep. 2024)

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TSXV:OKAI EvokAI Creative Labs Inc TSXV:OKAI
15 GF Score
Price C$0.12
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What is EvokAI Creative Labs Gross Margin %?

EvokAI Creative Labs TSXV:OKAI 15 Gross Margin % is 0.00% as of Sep. 2024. GuruFocus rates TSXV:OKAI with a GF Score™ of 15/100.

Gross Margin % is calculated as gross profit divided by its revenue. EvokAI Creative Labs's Gross Profit for the three months ended in Sep. 2024 was C$0.00 Mil. EvokAI Creative Labs's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, EvokAI Creative Labs's Gross Margin % for the quarter that ended in Sep. 2024 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 EvokAI Creative Labs's Gross Margin % or its related term are showing as below:


TSXV:OKAI's Gross Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 39.96
* Ranked among companies with meaningful Gross Margin % only.

EvokAI Creative Labs had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


EvokAI Creative Labs  (TSXV:OKAI) 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

EvokAI Creative Labs had a gross margin of N/A% for the quarter that ended in Sep. 2024 => 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.


EvokAI Creative Labs Gross Margin % Related Terms


EvokAI Creative Labs Gross Margin % Historical Data

* Premium members only.

The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Gross Margin % Chart

EvokAI Creative Labs Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
0.00 0.00 0.00

EvokAI Creative Labs Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSXV:OKAI vs VEEV, GEHC, DOCS: Gross Margin % Comparison

For the Health Information Services subindustry, EvokAI Creative Labs'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.


EvokAI Creative Labs Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EvokAI Creative Labs's Gross Margin % distribution charts can be found below:

* The bar in red indicates where EvokAI Creative Labs's Gross Margin % falls into.


TSXV:OKAI
15GF Score
EvokAI Creative Labs Inc TSXV:OKAI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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EvokAI Creative Labs 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.)

EvokAI Creative Labs's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

EvokAI Creative Labs's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
EvokAI Creative Labs (TSXV:OKAI) has a Gross Margin % of 0.00% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on EvokAI Creative Labs and its competitors.
Is EvokAI Creative Labs' Gross Margin % too high?
EvokAI Creative Labs' current Gross Margin % is 0.00%. Overall, EvokAI Creative Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does EvokAI Creative Labs' Gross Margin % compare to VEEV and GEHC?
EvokAI Creative Labs' Gross Margin % of 0.00% can be compared against companies in the Healthcare Providers & Services industry. The industry median Gross Margin % is 39.96. 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 Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 39.96, based on 631 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. 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 EvokAI Creative Labs and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 39.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvokAI Creative Labs's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvokAI Creative Labs stock overvalued right now?
EvokAI Creative Labs (TSXV:OKAI) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. EvokAI Creative Labs' overall GF Score™ is 15/100. 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 EvokAI Creative Labs (TSXV:OKAI), the current Gross Margin % is 0.00% as of Sep. 2024. 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.

EvokAI Creative Labs Business Description

Address 609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
15GF Score

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