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Pineapple (Pineapple) Gross Margin % : -352.38% (As of Sep. 2023)


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What is Pineapple Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pineapple's Gross Profit for the three months ended in Sep. 2023 was $-0.37 Mil. Pineapple's Revenue for the three months ended in Sep. 2023 was $0.11 Mil. Therefore, Pineapple's Gross Margin % for the quarter that ended in Sep. 2023 was -352.38%.


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

PNPL' s Gross Margin % Range Over the Past 10 Years
Min: -385.35   Med: 0   Max: 0
Current: -385.35


PNPL's Gross Margin % is ranked worse than
100% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs PNPL: -385.35

Pineapple had a gross margin of -352.38% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

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


Pineapple Gross Margin % Historical Data

The historical data trend for Pineapple'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.

Pineapple Gross Margin % Chart

Pineapple Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial - - - - -

Pineapple Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - -4,000.00 -352.38

Competitive Comparison of Pineapple's Gross Margin %

For the Pharmaceutical Retailers subindustry, Pineapple'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.


Pineapple's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pineapple's Gross Margin % distribution charts can be found below:

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



Pineapple Gross Margin % Calculation

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

Pineapple's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

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

Pineapple's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-0.4 / 0.105
=(Revenue - Cost of Goods Sold) / Revenue
=(0.105 - 0.475) / 0.105
=-352.38 %

* 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.


Pineapple  (OTCPK:PNPL) 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

Pineapple had a gross margin of -352.38% for the quarter that ended in Sep. 2023 => 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.


Pineapple Gross Margin % Related Terms

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


Pineapple (Pineapple) Business Description

Traded in Other Exchanges
N/A
Address
10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025
Pineapple Inc Formerly Pineapple Express Inc through its subsidiary provides expert consulting, product licensing, and capital to help distinguish and grow new and existing businesses within the cannabis industry. Primarily the group is involved in purchase and lease of real estate property, offering consulting services and technology to develop and enhance canna-businesses. It derives most of the revenue from of rent and tent reimbursements source.