GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MPX International Corp (XCNQ:MPXI) » Definitions » Gross Margin %

MPX International (XCNQ:MPXI) Gross Margin % : 69.01% (As of Mar. 2022)


View and export this data going back to 2019. Start your Free Trial

What is MPX International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MPX International's Gross Profit for the three months ended in Mar. 2022 was C$1.39 Mil. MPX International's Revenue for the three months ended in Mar. 2022 was C$2.02 Mil. Therefore, MPX International's Gross Margin % for the quarter that ended in Mar. 2022 was 69.01%.


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


XCNQ:MPXI's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 46.855
* Ranked among companies with meaningful Gross Margin % only.

MPX International had a gross margin of 69.01% for the quarter that ended in Mar. 2022 => Durable competitive advantage

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


MPX International Gross Margin % Historical Data

The historical data trend for MPX International'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.

MPX International Gross Margin % Chart

MPX International Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Gross Margin %
64.06 405.21 146.14 62.88

MPX International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 64.39 86.72 -13.83 73.47 69.01

Competitive Comparison of MPX International's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, MPX International'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.


MPX International's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MPX International's Gross Margin % distribution charts can be found below:

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



MPX International Gross Margin % Calculation

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

MPX International's Gross Margin for the fiscal year that ended in Sep. 2021 is calculated as

Gross Margin % (A: Sep. 2021 )=Gross Profit (A: Sep. 2021 ) / Revenue (A: Sep. 2021 )
=4.5 / 7.211
=(Revenue - Cost of Goods Sold) / Revenue
=(7.211 - 2.677) / 7.211
=62.88 %

MPX International's Gross Margin for the quarter that ended in Mar. 2022 is calculated as


Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=1.4 / 2.02
=(Revenue - Cost of Goods Sold) / Revenue
=(2.02 - 0.626) / 2.02
=69.01 %

* 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.


MPX International  (XCNQ:MPXI) 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

MPX International had a gross margin of 69.01% for the quarter that ended in Mar. 2022 => Durable 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.


MPX International Gross Margin % Related Terms

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


MPX International (XCNQ:MPXI) Business Description

Traded in Other Exchanges
N/A
Address
5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4
MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.
Executives
William Scott Boyes Director, Senior Officer
Randall Glenn Stafford Director

MPX International (XCNQ:MPXI) Headlines

No Headlines