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Greater Cannabis Company (GCAN) Gross Margin (2017 - 2021)

Greater Cannabis Company's Gross Margin history spans 5 years, with the latest figure at 0.2% for Q2 2021.

  • For Q2 2021, Gross Margin fell 10.0% year-over-year to 0.2%; the TTM value through Dec 2021 reached 0.2%, down 296.0%, while the annual FY2021 figure was 0.2%, 10.0% down from the prior year.
  • Gross Margin reached 0.2% in Q2 2021 per GCAN's latest filing, down from 0.1% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q1 2018 to a low of 0.2% in Q2 2021.
  • Average Gross Margin over 5 years is 40.73%, with a median of 41.1% recorded in 2017.
  • Peak YoY movement for Gross Margin: skyrocketed 2117bps in 2018, then fell -10bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 51.47% in 2017, then increased by 21bps to 62.26% in 2018, then crashed by -51bps to 30.56% in 2019, then plummeted by -100bps to 0.1% in 2020, then crashed by -107bps to 0.2% in 2021.
  • Per Business Quant, the three most recent readings for GCAN's Gross Margin are 0.2% (Q2 2021), 0.1% (Q2 2020), and 30.56% (Q4 2019).