Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc
TSX:NOVC
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Price: 1.75 CAD
Market Cap: 108.6m CAD
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Gross Margin
Nova Cannabis Inc

24.8%
Current
21%
Average
32.8%
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
24.8%
=
Gross Profit
66.7m
/
Revenue
268.6m

Gross Margin Across Competitors

Country CA
Market Cap 108.6m CAD
Gross Margin
25%
Country US
Market Cap 30.2B USD
Gross Margin
36%
Country CN
Market Cap 149.1B CNY
Gross Margin
31%
Country US
Market Cap 18.1B USD
Gross Margin
39%
Country US
Market Cap 16.1B USD
Gross Margin
36%
Country CN
Market Cap 96.1B HKD
Gross Margin
63%
Country HK
Market Cap 71.1B HKD
Gross Margin
21%
Country NL
Market Cap 7.2B EUR
Gross Margin
72%
Country UK
Market Cap 6B GBP
Gross Margin
48%
Country JP
Market Cap 1.1T JPY
Gross Margin
73%
Country US
Market Cap 7B USD
Gross Margin
44%

Profitability Report

View the profitability report to see the full profitability analysis for Nova Cannabis Inc.

See Also

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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
24.8%
=
Gross Profit
66.7m
/
Revenue
268.6m
What is the Gross Margin of Nova Cannabis Inc?

Based on Nova Cannabis Inc's most recent financial statements, the company has Gross Margin of 24.8%.