Zoglos Food (XCNQ:ZOG) Gross Margin % : 0.00% (As of Sep. 2023)

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What is Zoglos Food Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zoglos Food's Gross Profit for the three months ended in Sep. 2023 was C$0.00 Mil. Zoglos Food's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Therefore, Zoglos Food's Gross Margin % for the quarter that ended in Sep. 2023 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 Zoglos Food's Gross Margin % or its related term are showing as below:

XCNQ:ZOG' s Gross Margin % Range Over the Past 10 Years
Min: -66.74 Med: -42.73 Max: 2028.57
Current: 2028.57

During the past 3 years, the highest Gross Margin % of Zoglos Food was 2028.57%. The lowest was -66.74%. And the median was -42.73%.

XCNQ:ZOG's Gross Margin % is ranked better than
99.68% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs XCNQ:ZOG: 2028.57

Zoglos Food had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

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

Zoglos Food Gross Margin % Historical Data

The historical data trend for Zoglos 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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Zoglos Food Gross Margin % Chart

Zoglos Food Annual Data

Trend

Dec20

Dec21

Dec22

Gross Margin %

-18.72

-66.74

Zoglos Food Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial							49.70	1,228.85	-	-	-

Competitive Comparison of Zoglos Food's Gross Margin %

For the Food Distribution subindustry, Zoglos 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.

Zoglos Food's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Zoglos Food's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zoglos Food's Gross Margin % falls into.

Zoglos Food 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.)

Zoglos Food's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-1.3	/	1.879
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.879 - 3.133)	/	1.879
	=	-66.74 %

Zoglos Food's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

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

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.

Zoglos Food (XCNQ:ZOG) 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

Zoglos Food had a gross margin of N/A% for the quarter that ended in Sep. 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.

Zoglos Food Gross Margin % Related Terms

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Zoglos Food (XCNQ:ZOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Zoglos Food Corp (XCNQ:ZOG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8953 Woodbine Avenue, Markham, ON, CAN, L3R0J9

Website

https://www.zoglos.com

Zoglos Food Corp is a plant-based protein foods company that is in the business of designing, developing, producing, distributing, and selling plant-based meat alternative products. Its products fall into three main categories: plant-based meats; appetizers; and veggies. It generates revenues through the wholesale of plant-based meat alternative products.

Zoglos Food (XCNQ:ZOG) Headlines

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