VGGIF (Boosh Plant-Based Brands) Gross Margin %: 4.35% (As of Dec. 2023)


What is Boosh Plant-Based Brands Gross Margin %?

Boosh Plant-Based Brands VGGIF -99.96% Gross Margin % is 4.35% as of Dec. 2023.

Gross Margin % is calculated as gross profit divided by its revenue. Boosh Plant-Based Brands's Gross Profit for the three months ended in Dec. 2023 was $0.00 Mil. Boosh Plant-Based Brands's Revenue for the three months ended in Dec. 2023 was $0.05 Mil. Therefore, Boosh Plant-Based Brands's Gross Margin % for the quarter that ended in Dec. 2023 was 4.35%.


The historical rank and industry rank for Boosh Plant-Based Brands's Gross Margin % or its related term are showing as below:


VGGIF's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 26.37
* Ranked among companies with meaningful Gross Margin % only.

Boosh Plant-Based Brands had a gross margin of 4.35% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Boosh Plant-Based Brands was 0.00% per year.


Boosh Plant-Based Brands  (OTCPK:VGGIF) 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

Boosh Plant-Based Brands had a gross margin of 4.35% for the quarter that ended in Dec. 2023 => 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.


Boosh Plant-Based Brands Gross Margin % Related Terms


Boosh Plant-Based Brands Gross Margin % Historical Data

* Premium members only.

The historical data trend for Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands Gross Margin % Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
8.70 -4.65 -21.48 -40.46

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -6.75 10,137.50 207.69 295.45 4.35

VGGIF vs NXMH, NBND, YCRM: Gross Margin % Comparison

For the Packaged Foods subindustry, Boosh Plant-Based Brands'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.


Boosh Plant-Based Brands Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Boosh Plant-Based Brands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Boosh Plant-Based Brands's Gross Margin % falls into.



Boosh Plant-Based Brands Gross Margin % Calculation

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

Boosh Plant-Based Brands's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=-0.8 / 1.945
=(Revenue - Cost of Goods Sold) / Revenue
=(1.945 - 2.732) / 1.945
=-40.46 %

Boosh Plant-Based Brands's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 0.046
=(Revenue - Cost of Goods Sold) / Revenue
=(0.046 - 0.044) / 0.046
=4.35 %

* 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 4.35% mean?
Boosh Plant-Based Brands (VGGIF) has a Gross Margin % of 4.35% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Boosh Plant-Based Brands and its competitors.
Is Boosh Plant-Based Brands' Gross Margin % too high?
Boosh Plant-Based Brands' current Gross Margin % is 4.35%. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Boosh Plant-Based Brands' value of 4.35% is 83.5% below this industry median.
How does Boosh Plant-Based Brands' Gross Margin % compare to NXMH and NBND?
Boosh Plant-Based Brands' Gross Margin % of 4.35% can be compared against companies in the Consumer Packaged Goods industry. The industry median Gross Margin % is 26.37. Boosh Plant-Based Brands' value of 4.35% is 83.5% 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Boosh Plant-Based Brands's current Gross Margin % of 4.35% is 83.5% 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 Boosh Plant-Based Brands and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boosh Plant-Based Brands's current Gross Margin % is 4.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boosh Plant-Based Brands stock overvalued right now?
Boosh Plant-Based Brands (VGGIF) has a current Gross Margin % of 4.35%. The current Gross Margin % is 4.35% and 83.5% below the Consumer Packaged Goods industry median of 26.37. 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 Boosh Plant-Based Brands (VGGIF), the current Gross Margin % is 4.35% as of Dec. 2023. 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.

Boosh Plant-Based Brands Business Description

Address 176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.