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Abattis Bioceuticals (Abattis Bioceuticals) Gross Margin % : 71.35% (As of Sep. 2019)


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What is Abattis Bioceuticals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Abattis Bioceuticals's Gross Profit for the three months ended in Sep. 2019 was $0.12 Mil. Abattis Bioceuticals's Revenue for the three months ended in Sep. 2019 was $0.17 Mil. Therefore, Abattis Bioceuticals's Gross Margin % for the quarter that ended in Sep. 2019 was 71.35%.


The historical rank and industry rank for Abattis Bioceuticals's Gross Margin % or its related term are showing as below:


ATTBF's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 47
* Ranked among companies with meaningful Gross Margin % only.

Abattis Bioceuticals had a gross margin of 71.35% for the quarter that ended in Sep. 2019 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Abattis Bioceuticals was 0.00% per year.


Abattis Bioceuticals Gross Margin % Historical Data

The historical data trend for Abattis Bioceuticals's Gross Margin % 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.

Abattis Bioceuticals Gross Margin % Chart

Abattis Bioceuticals Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.12 - - 83.33 67.41

Abattis Bioceuticals Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 59.38 71.35

Competitive Comparison of Abattis Bioceuticals's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Abattis Bioceuticals's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abattis Bioceuticals's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Abattis Bioceuticals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Abattis Bioceuticals's Gross Margin % falls into.



Abattis Bioceuticals Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Abattis Bioceuticals's Gross Margin for the fiscal year that ended in Sep. 2019 is calculated as

Gross Margin % (A: Sep. 2019 )=Gross Profit (A: Sep. 2019 ) / Revenue (A: Sep. 2019 )
=0.2 / 0.27
=(Revenue - Cost of Goods Sold) / Revenue
=(0.27 - 0.088) / 0.27
=67.41 %

Abattis Bioceuticals's Gross Margin for the quarter that ended in Sep. 2019 is calculated as


Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=0.1 / 0.171
=(Revenue - Cost of Goods Sold) / Revenue
=(0.171 - 0.049) / 0.171
=71.35 %

* 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 positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Abattis Bioceuticals  (OTCPK:ATTBF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Abattis Bioceuticals had a gross margin of 71.35% for the quarter that ended in Sep. 2019 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Abattis Bioceuticals Gross Margin % Related Terms

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Abattis Bioceuticals (Abattis Bioceuticals) Business Description

Traded in Other Exchanges
N/A
Address
1200 - 625 Howe Street, Vancouver, BC, CAN, V6C 2M6
Abattis Bioceuticals Corp is a Canadian life science and biotechnology company focuses on aggregating, integrating and investing in agricultural technologies and biotechnology services for the legal cannabis industry. It is primarily engaged in producing, licensing and marketing proprietary ingredients and formulas for use in the biopharma, nutraceutical, cosmetic and animal nutrition markets. The company is also engaged in growing, extraction, testing, propagation and online distribution.

Abattis Bioceuticals (Abattis Bioceuticals) Headlines