Gross Margin - Artificial Intelligence Technology Solutions Inc (OTC:AITX) - Alpha Spread

Artificial Intelligence Technology Solutions Inc
OTC:AITX

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Artificial Intelligence Technology Solutions Inc
OTC:AITX
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Price: 0.0027 USD -3.57%
Market Cap: 30.1m USD
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Gross Margin
Artificial Intelligence Technology Solutions Inc

55.9%
Current
62%
Average
37.2%
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
55.9%
=
Gross Profit
1.7m
/
Revenue
3m

Gross Margin Across Competitors

Country US
Market Cap 27.9m USD
Gross Margin
56%
Country US
Market Cap 3.2T USD
Gross Margin
18%
Country UK
Market Cap 3T Zac
Gross Margin
70%
Country CA
Market Cap 561.6B CAD
Gross Margin N/A
Country US
Market Cap 245.5B USD
Gross Margin N/A
Country IN
Market Cap 12.7B INR
Gross Margin
79%
Country ZA
Market Cap 130.9B Zac
Gross Margin
64%
Country US
Market Cap 120.1B CAD
Gross Margin N/A
Country NL
Market Cap 88.5B Zac
Gross Margin
65%
Country US
Market Cap 69.5B USD
Gross Margin
15%
Country ID
Market Cap 732.4T IDR
Gross Margin
44%

Profitability Report

View the profitability report to see the full profitability analysis for Artificial Intelligence Technology Solutions 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
55.9%
=
Gross Profit
1.7m
/
Revenue
3m
What is the Gross Margin of Artificial Intelligence Technology Solutions Inc?

Based on Artificial Intelligence Technology Solutions Inc's most recent financial statements, the company has Gross Margin of 55.9%.