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Marijuana Company of America (Marijuana Company of America) Gross Margin % : 59.15% (As of Sep. 2022)


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What is Marijuana Company of America Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marijuana Company of America's Gross Profit for the three months ended in Sep. 2022 was $0.08 Mil. Marijuana Company of America's Revenue for the three months ended in Sep. 2022 was $0.14 Mil. Therefore, Marijuana Company of America's Gross Margin % for the quarter that ended in Sep. 2022 was 59.15%.


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


MCOA's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 46.765
* Ranked among companies with meaningful Gross Margin % only.

Marijuana Company of America had a gross margin of 59.15% for the quarter that ended in Sep. 2022 => Durable competitive advantage

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


Marijuana Company of America Gross Margin % Historical Data

The historical data trend for Marijuana Company of America'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.

Marijuana Company of America Gross Margin % Chart

Marijuana Company of America Annual Data
Trend Dec00 Dec01 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial 48.15 67.86 64.32 43.06 15.24

Marijuana Company of America Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 14.48 13.06 9.09 84.94 59.15

Competitive Comparison of Marijuana Company of America's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Marijuana Company of America'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.


Marijuana Company of America's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Marijuana Company of America's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marijuana Company of America's Gross Margin % falls into.



Marijuana Company of America Gross Margin % Calculation

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

Marijuana Company of America's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=0.2 / 1.03
=(Revenue - Cost of Goods Sold) / Revenue
=(1.03 - 0.873) / 1.03
=15.24 %

Marijuana Company of America's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0.1 / 0.142
=(Revenue - Cost of Goods Sold) / Revenue
=(0.142 - 0.058) / 0.142
=59.15 %

* 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.


Marijuana Company of America  (OTCPK:MCOA) 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

Marijuana Company of America had a gross margin of 59.15% for the quarter that ended in Sep. 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.


Marijuana Company of America Gross Margin % Related Terms

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Marijuana Company of America (Marijuana Company of America) Business Description

Traded in Other Exchanges
N/A
Address
633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071
Marijuana Company of America Inc is a marijuana marketing and distribution company. Through its subsidiary, the company delivers all the benefits of industrial hemp-derived cannabinoid products to the world through its unique marketing and distribution platform through cDistro. It also provides turn-key services to the legal cannabis and hemp industry, as well as, strategically investing in synergistic companies to develop a diverse portfolio of subsidiaries and joint ventures that create value for our shareholders.
Executives
Jesus Quintero director, 10 percent owner 16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Themistocles Psomiadis director 1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464
Donald J Steinberg director, 10 percent owner, officer: President 3223 SUMAC ROAD, FALLBROOK CA 92028
Charles John Larsen director, 10 percent owner 333 WASHINGTON BLVD., #386, MARINA DEL REY CA 90292
Hymers Iii R. Leslie director, 10 percent owner, officer: Chief Financial Officer 520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071

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