GURUFOCUS.COM » STOCK LIST » Technology » Software » SpringBig Holdings Inc (OTCPK:SBIG) » Definitions » COGS-to-Revenue

SpringBig Holdings (SpringBig Holdings) COGS-to-Revenue : 0.28 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is SpringBig Holdings COGS-to-Revenue?

SpringBig Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.79 Mil. Its Revenue for the three months ended in Mar. 2024 was $6.47 Mil.

SpringBig Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.28.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SpringBig Holdings's Gross Margin % for the three months ended in Mar. 2024 was 72.29%.

SpringBig Holdings COGS-to-Revenue Historical Data

The historical data trend for SpringBig Holdings's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SpringBig Holdings COGS-to-Revenue Chart

SpringBig Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.36 0.33 0.27 0.25 0.23

SpringBig Holdings Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.21 0.23 0.30 0.28

SpringBig Holdings COGS-to-Revenue Calculation

SpringBig Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=6.486 / 28.05
=0.23

SpringBig Holdings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1.794 / 6.474
=0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SpringBig Holdings  (OTCPK:SBIG) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

SpringBig Holdings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 1.794 / 6.474
=72.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

SpringBig Holdings COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of SpringBig Holdings's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

SpringBig Holdings (SpringBig Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SpringBig Holdings Inc (OTCPK:SBIG) » Definitions » COGS-to-Revenue
Comparable Companies
MRIN LYT VSMR OMQS BLBX AMST FALC SOFO HMBL APYP CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487
Website
https://www.springbig.com
SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. The company's platform connects consumers with retailers and brands, through SMS marketing, emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention.
Executives
Paul Sykes officer: Chief Financial Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Jeffrey Todd Harris director, 10 percent owner, officer: Chief Executive Officer 621 NW 53RD STREET, SUITE 260, BOCA RATON FL 33487
Steven E Bernstein director C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Jonathan Trauben director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Patricia Glassford director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Philip Schwarz director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Tuatara Capital Fund Ii, L.p. 10 percent owner 12 EAST 44TH STREET, 8FL, NEW YORK NY 10017
Medici Holdings V, Inc. 10 percent owner 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Amanda Lannert director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Navin Anand officer: Chief Technology Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Tcac Sponsor, Llc 10 percent owner TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Mark Zittman director, officer: Chief Operating Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Sergey Sherman officer: Chief Financial Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Albert John Foreman director, officer: Chief Executive Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Aris Kekedjian director 655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017