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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Gross Margin % : 0.00% (As of Feb. 2023)


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What is Indigenous Bloom Hemp Gross Margin %?

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


VRTHF's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 46.8
* Ranked among companies with meaningful Gross Margin % only.

Indigenous Bloom Hemp had a gross margin of N/A% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage

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


Indigenous Bloom Hemp Gross Margin % Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Gross Margin % Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Gross Margin %
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Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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Competitive Comparison of Indigenous Bloom Hemp's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's Gross Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Indigenous Bloom Hemp's Gross Margin % falls into.



Indigenous Bloom Hemp 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.)

Indigenous Bloom Hemp's Gross Margin for the fiscal year that ended in May. 2022 is calculated as

Gross Margin % (A: May. 2022 )=Gross Profit (A: May. 2022 ) / Revenue (A: May. 2022 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.137) / 0
= %

Indigenous Bloom Hemp's Gross Margin for the quarter that ended in Feb. 2023 is calculated as


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

* 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.


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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

Indigenous Bloom Hemp had a gross margin of N/A% for the quarter that ended in Feb. 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.


Indigenous Bloom Hemp Gross Margin % Related Terms

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


Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.