Bettermoo(d) Food (XCNQ:MOOO) Gross Margin % : 14.52% (As of Oct. 2024)

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What is Bettermoo(d) Food Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bettermoo(d) Food's Gross Profit for the three months ended in Oct. 2024 was C$0.01 Mil. Bettermoo(d) Food's Revenue for the three months ended in Oct. 2024 was C$0.06 Mil. Therefore, Bettermoo(d) Food's Gross Margin % for the quarter that ended in Oct. 2024 was 14.52%.

The historical rank and industry rank for Bettermoo(d) Food's Gross Margin % or its related term are showing as below:

XCNQ:MOOO' s Gross Margin % Range Over the Past 10 Years
Min: -50 Med: -17.05 Max: 15.91
Current: 15.09

During the past 13 years, the highest Gross Margin % of Bettermoo(d) Food was 15.91%. The lowest was -50.00%. And the median was -17.05%.

XCNQ:MOOO's Gross Margin % is ranked worse than
74.88% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 25.87 vs XCNQ:MOOO: 15.09

Bettermoo(d) Food had a gross margin of 14.52% for the quarter that ended in Oct. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bettermoo(d) Food was 0.00% per year.

Bettermoo(d) Food Gross Margin % Historical Data

The historical data trend for Bettermoo(d) Food'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.

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Bettermoo(d) Food Gross Margin % Chart

Bettermoo(d) Food Annual Data

Trend

Dec13

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Dec16

Dec17

Dec18

Dec19

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Dec21

Jul24

Gross Margin %

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-50.00

15.91

Bettermoo(d) Food Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Oct22	Jan23	Apr23	Oct23	Jan24	Apr24	Jul24	Oct24
Gross Margin %	Get a 7-Day Free Trial															-	-	-	15.91	14.52

Competitive Comparison of Bettermoo(d) Food's Gross Margin %

For the Packaged Foods subindustry, Bettermoo(d) Food'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.

Bettermoo(d) Food's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bettermoo(d) Food's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bettermoo(d) Food's Gross Margin % falls into.

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Bettermoo(d) Food Gross Margin % Calculation

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

Bettermoo(d) Food's Gross Margin for the fiscal year that ended in Jul. 2024 is calculated as

Gross Margin % (A: Jul. 2024 )	=	Gross Profit (A: Jul. 2024 )	/	Revenue (A: Jul. 2024 )
	=	0	/	0.044
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.044 - 0.037)	/	0.044
	=	15.91 %

Bettermoo(d) Food'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	/	0.062
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.062 - 0.053)	/	0.062
	=	14.52 %

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.

Bettermoo(d) Food (XCNQ:MOOO) 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

Bettermoo(d) Food had a gross margin of 14.52% for the quarter that ended in Oct. 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.

Bettermoo(d) Food Gross Margin % Related Terms

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Bettermoo(d) Food Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bettermoo(d) Food Corp (XCNQ:MOOO) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

0I5A:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.bettermoo.com

Bettermoo(d) Food Corp is a nut-based dairy alternative company focused on developing and delivering products through online and in-store retail platforms. It uses social media to provide educational experiences for its customer base while demonstrating and pioneering plant-based technologies. The company's principal products are Moodrink, a vegan oat-based beverage, and Moobert, a vegan nut-based cheese alternative.

Executives

Geoffrey Balderson

Director

Bettermoo(d) Food Headlines

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