C

Close The Loop Inc
ASX:CLG

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Close The Loop Inc
ASX:CLG
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Price: 0.24 AUD Market Closed
Market Cap: 127.6m AUD
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Gross Margin
Close The Loop Inc

37.6%
Current
36%
Average
28.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
37.6%
=
Gross Profit
80m
/
Revenue
213m

Gross Margin Across Competitors

Country AU
Market Cap 127.6m AUD
Gross Margin
38%
Country US
Market Cap 82.9B USD
Gross Margin
39%
Country US
Market Cap 64.8B USD
Gross Margin
41%
Country CA
Market Cap 64.9B CAD
Gross Margin
42%
Country US
Market Cap 25.2B USD
Gross Margin
59%
Country US
Market Cap 22.4B USD
Gross Margin
53%
Country CA
Market Cap 25.3B CAD
Gross Margin
18%
Country US
Market Cap 12.4B USD
Gross Margin
31%
Country UK
Market Cap 9.8B GBP
Gross Margin
0%
Country US
Market Cap 10.7B USD
Gross Margin
20%
Country US
Market Cap 6.8B USD
Gross Margin
34%
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Close The Loop Inc
Glance View

Market Cap
127.6m AUD
Industry
Commercial Services & Supplies

Close the Loop Ltd. provides waste collection services. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-12-02. The firm offers sustainability solutions to help companies to enhance corporate social responsibility programs. The firm's product Enviroliner is a felt tip pen which can be recycled over and over again just by placing used pen back in the printer cartridge recycling box. The firm also provides TonerPlas, which is an asphalt additive designed to melt into, extend and modify the bituminous binder mastic in asphalt. The firm provides reverse logistics capability and customer service infrastructure to deliver a national batteries collection program. The firm's collection program, Cartridges 4 Planet Ark is a vendor program operated in Australia to specifically collect and divert as many cartridges from Australian landfills as possible.

CLG Intrinsic Value
0.75 AUD
Undervaluation 68%
Intrinsic Value
Price
C
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
37.6%
=
Gross Profit
80m
/
Revenue
213m
What is the Gross Margin of Close The Loop Inc?

Based on Close The Loop Inc's most recent financial statements, the company has Gross Margin of 37.6%.