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Americann (Americann) Gross Margin % : 99.79% (As of Dec. 2023)


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What is Americann Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Americann's Gross Profit for the three months ended in Dec. 2023 was $0.48 Mil. Americann's Revenue for the three months ended in Dec. 2023 was $0.48 Mil. Therefore, Americann's Gross Margin % for the quarter that ended in Dec. 2023 was 99.79%.


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

ACAN' s Gross Margin % Range Over the Past 10 Years
Min: 95.44   Med: 98.26   Max: 99.87
Current: 99.87


During the past 12 years, the highest Gross Margin % of Americann was 99.87%. The lowest was 95.44%. And the median was 98.26%.

ACAN's Gross Margin % is ranked better than
98.25% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs ACAN: 99.87

Americann had a gross margin of 99.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Americann Gross Margin % Historical Data

The historical data trend for Americann'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.

Americann Gross Margin % Chart

Americann Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 95.44 98.08 98.43 99.37

Americann Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.10 - - 99.59 99.79

Competitive Comparison of Americann's Gross Margin %

For the Real Estate Services subindustry, Americann'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.


Americann's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Americann's Gross Margin % distribution charts can be found below:

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



Americann Gross Margin % Calculation

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

Americann's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=2.5 / 2.552
=(Revenue - Cost of Goods Sold) / Revenue
=(2.552 - 0.016) / 2.552
=99.37 %

Americann'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 )
=0.5 / 0.476
=(Revenue - Cost of Goods Sold) / Revenue
=(0.476 - 0.001) / 0.476
=99.79 %

* 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.


Americann  (OTCPK:ACAN) 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

Americann had a gross margin of 99.79% for the quarter that ended in Dec. 2023 => 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.


Americann Gross Margin % Related Terms

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


Americann (Americann) Business Description

Traded in Other Exchanges
N/A
Address
1555 Blake Street, Unit 502, Denver, CO, USA, 80202
Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.
Executives
Benjamin J Barton director 1551 LARIMER ST., #2701, DENVER CO 80203
Strategic Capital Partners, Llc 10 percent owner 1550 LARIMER STREET, SUITE 264, DENVER CO 80202
Timothy Ryan Keogh director, officer: Chief Executive Officer 54 ACUSHNET ROAD, MATTAPOISETT MA 02739