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Cordia (Cordia) Gross Margin % : 0.00% (As of Sep. 2022)


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What is Cordia Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cordia's Gross Profit for the three months ended in Sep. 2022 was $0.00 Mil. Cordia's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Cordia's Gross Margin % for the quarter that ended in Sep. 2022 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


CORG's Gross Margin % is not ranked *
in the Restaurants industry.
Industry Median: 47.415
* Ranked among companies with meaningful Gross Margin % only.

Cordia had a gross margin of N/A% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage

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


Cordia Gross Margin % Historical Data

The historical data trend for Cordia'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.

Cordia Gross Margin % Chart

Cordia Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.02 45.85 42.90 58.11 -

Cordia Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of Cordia's Gross Margin %

For the Restaurants subindustry, Cordia'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.


Cordia's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cordia's Gross Margin % distribution charts can be found below:

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



Cordia Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Cordia's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Cordia's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Cordia  (OTCPK:CORG) 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

Cordia had a gross margin of N/A% for the quarter that ended in Sep. 2022 => No sustainable 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.


Cordia Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cordia's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cordia (Cordia) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200-A, Reno, NV, USA, 89502
Cordia Corp is an owner, investor, and innovator in the hospitality and restaurant industry. It operates virtual restaurants and develops ghost kitchens. The company through a wholly-owned subsidiary operates the Blind Pig restaurant in Las Vegas. The firm operates two virtual restaurants namely VegasdotPizza and KO Sports Bar and Grill that sell food and beverages on delivery apps.
Executives
Charles G Agule director 445 HAMILTON AVENUE SUITE 601, WHITE PLAINS NY 10601
Patrick D Freeman 10 percent owner, officer: CTO 13275 W. COLONIAL DRIVE, WINTER GARDEN FL 34787
Robert Majernik director 10 CANTERBURY ROAD, YONKERS NY 10704
Yoshiyasu Takada director CORDIA CORPORATION, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
John Scagnelli director C/O CORDIA CORPORATION, 445 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Griffo officer: President & COO 445 HAMILTON AVENUE, STE 408, WHITE PLAINS NY 10601
Wesley Minella director, officer: Secretary C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
Joel Dupre director, officer: Chief Executive Officer C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
Gandolfo Verra director 326 OSCAWANA LAKE ROAD, PUTNAM VALLEY NY 10579
Geils Ventures Llc 10 percent owner 1866 LEITHSVILLE ROAD, HELLERTOWN PA 18055
Alexander Minella 10 percent owner 8815 CONROY-WINDERMERE ROAD, ORLANDO FL 32835
Lorie Guerrera officer: Principal Financial Officer 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601

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