NGMDF (NuGen Medical Devices) Gross Profit: $0.06 Mil (TTM As of Mar. 2026)

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What is NuGen Medical Devices Gross Profit?

NuGen Medical Devices NGMDF Gross Profit is $0.06 Mil as of Mar. 2026. The stock has 7 warning signs investors should review.

NuGen Medical Devices's gross profit for the three months ended in Mar. 2026 was $0.01 Mil. NuGen Medical Devices's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $0.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NuGen Medical Devices's gross profit for the three months ended in Mar. 2026 was $0.01 Mil. NuGen Medical Devices's Revenue for the three months ended in Mar. 2026 was $0.02 Mil. Therefore, NuGen Medical Devices's Gross Margin % for the quarter that ended in Mar. 2026 was 55.56%.

NuGen Medical Devices had a gross margin of 55.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of NuGen Medical Devices was 72.34%. The lowest was 48.80%. And the median was 58.41%.

Warning Sign:

NuGen Medical Devices Inc gross margin has been in long-term decline. The average rate of decline per year is -7.6%.

NuGen Medical Devices  (OTCPK:NGMDF) Gross Profit 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

NuGen Medical Devices had a gross margin of 55.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage

NuGen Medical Devices Gross Profit Related Terms

NuGen Medical Devices Gross Profit Historical Data

* Premium members only.

The historical data trend for NuGen Medical Devices's Gross Profit 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.

NuGen Medical Devices Gross Profit Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 0.07 0.07 0.12 0.37 0.10

NuGen Medical Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 0.05 0.01 0.02 0.02 0.01

NGMDF vs ABT, SYK, MDT: Gross Profit Comparison

For the Medical Devices subindustry, NuGen Medical Devices's Gross Profit, along with its competitors' market caps and Gross Profit 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.

NuGen Medical Devices Gross Profit vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, NuGen Medical Devices's Gross Profit distribution charts can be found below:

* The bar in red indicates where NuGen Medical Devices's Gross Profit falls into.


NuGen Medical Devices Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

NuGen Medical Devices's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=0.187 - 0.091
=0.10

NuGen Medical Devices's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=0.018 - 0.008
=0.01

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

NuGen Medical Devices's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.01 / 0.018
=55.56 %

* 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 Profit →
What does a Gross Profit of $0.06 Mil mean?
NuGen Medical Devices (NGMDF) has a Gross Profit of $0.06 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on NuGen Medical Devices and its competitors.
Is NuGen Medical Devices' Gross Profit too high?
NuGen Medical Devices' current Gross Profit is $0.06 Mil.
How does NuGen Medical Devices' Gross Profit compare to ABT and SYK?
NuGen Medical Devices' Gross Profit of $0.06 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Devices & Instruments company?
A good Gross Profit depends on the Medical Devices & Instruments industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on NuGen Medical Devices and its competitors. NuGen Medical Devices's current Gross Profit is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.02 — trading 47.8% below its estimated fair value. The current Gross Profit is $0.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For NuGen Medical Devices (NGMDF), the current Gross Profit is $0.06 Mil as of Mar. 2026. 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.