Agrify Corp
NASDAQ:AGFY
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Gross Margin
Agrify Corp
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 Across Competitors
Country | US |
Market Cap | 63.3m USD |
Gross Margin |
43%
|
Country | US |
Market Cap | 122.2B USD |
Gross Margin |
40%
|
Country | UK |
Market Cap | 14.6B EUR |
Gross Margin |
24%
|
Country | JP |
Market Cap | 2.2T JPY |
Gross Margin |
30%
|
Country | US |
Market Cap | 8.8B USD |
Gross Margin |
34%
|
Country | US |
Market Cap | 7.3B USD |
Gross Margin |
25%
|
Country | IN |
Market Cap | 504.4B INR |
Gross Margin |
32%
|
Country | SE |
Market Cap | 34.9B SEK |
Gross Margin |
30%
|
Country | TR |
Market Cap | 74.9B TRY |
Gross Margin |
25%
|
Country | CN |
Market Cap | 11B CNY |
Gross Margin |
16%
|
Country | US |
Market Cap | 1.4B USD |
Gross Margin |
31%
|
Agrify Corp
Glance View
Agrify Corp. operates as a developer of advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace. The company is headquartered in Billerica, Massachusetts and currently employs 136 full-time employees. The company went IPO on 2021-01-27. The firm's micro-environment-controlled Vertical Farming Units (VFUs) enable its customers to produce quality products. Agrify brings data, science, and technology to its customers for control over cultivation and extraction. The firm offers Agrify Precision Elevated cultivation solution that combines integrated hardware and software offerings with a range of associated services, such as consulting, engineering and construction. Its business model includes equipment sales for the Agrify Vertical Farming Unites (AVFUs) as well as recurring software-as-a-service (SaaS) revenues for Agrify Insights. The firm sells its equipment and services to customers under a combination of a contract and purchase order.
See Also
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.
Based on Agrify Corp's most recent financial statements, the company has Gross Margin of 43%.