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Rainmaker Worldwide (Rainmaker Worldwide) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Rainmaker Worldwide Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rainmaker Worldwide's Gross Profit for the three months ended in Dec. 2023 was $0.00 Mil. Rainmaker Worldwide's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Rainmaker Worldwide's Gross Margin % for the quarter that ended in Dec. 2023 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 Rainmaker Worldwide's Gross Margin % or its related term are showing as below:

RAKR' s Gross Margin % Range Over the Past 10 Years
Min: 17.46   Med: 19.49   Max: 21.52
Current: 21.52


During the past 11 years, the highest Gross Margin % of Rainmaker Worldwide was 21.52%. The lowest was 17.46%. And the median was 19.49%.

RAKR's Gross Margin % is ranked worse than
64.57% of 2938 companies
in the Industrial Products industry
Industry Median: 26.39 vs RAKR: 21.52

Rainmaker Worldwide had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Rainmaker Worldwide Gross Margin % Historical Data

The historical data trend for Rainmaker Worldwide'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.

Rainmaker Worldwide Gross Margin % Chart

Rainmaker Worldwide Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.46 - - - 21.52

Rainmaker Worldwide Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 21.52 -

Competitive Comparison of Rainmaker Worldwide's Gross Margin %

For the Pollution & Treatment Controls subindustry, Rainmaker Worldwide'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.


Rainmaker Worldwide's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rainmaker Worldwide's Gross Margin % distribution charts can be found below:

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



Rainmaker Worldwide 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.)

Rainmaker Worldwide's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0 / 0.079
=(Revenue - Cost of Goods Sold) / Revenue
=(0.079 - 0.062) / 0.079
=21.52 %

Rainmaker Worldwide's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=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.


Rainmaker Worldwide  (OTCPK:RAKR) 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

Rainmaker Worldwide had a gross margin of N/A% for the quarter that ended in Dec. 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.


Rainmaker Worldwide Gross Margin % Related Terms

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Rainmaker Worldwide (Rainmaker Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
271 Brock Street, Peterborough, ON, CAN, K9H 2P8
Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.