Gross Margin - High Tide Inc (NASDAQ:HITI) - Alpha Spread
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High Tide Inc
NASDAQ:HITI

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High Tide Inc
NASDAQ:HITI
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Price: 2.31 USD 5% Market Closed
Market Cap: 185.8m USD
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Gross Margin
High Tide Inc

27.6%
Current
30%
Average
48.3%
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
27.6%
=
Gross Profit
138.9m
/
Revenue
503.8m

Gross Margin Across Competitors

Country CA
Market Cap 183.3m USD
Gross Margin
28%
Country JP
Market Cap 776 550.9T JPY
Gross Margin
-3%
Country US
Market Cap 843.2B USD
Gross Margin
81%
Country UK
Market Cap 440.4B GBP
Gross Margin
56%
Country DK
Market Cap 3.4T DKK
Gross Margin
85%
Country US
Market Cap 385.8B USD
Gross Margin
69%
Country US
Market Cap 278.3B USD
Gross Margin
76%
Country CH
Market Cap 206.1B CHF
Gross Margin
73%
Country UK
Market Cap 240.2B USD
Gross Margin
82%
Country CH
Market Cap 191.2B CHF
Gross Margin
75%
Country US
Market Cap 162B USD
Gross Margin
71%

Profitability Report

View the profitability report to see the full profitability analysis for High Tide Inc.

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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
27.6%
=
Gross Profit
138.9m
/
Revenue
503.8m
What is the Gross Margin of High Tide Inc?

Based on High Tide Inc's most recent financial statements, the company has Gross Margin of 27.6%.