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Greater Cannabis Company, Inc. (GCAND) Gross Margin (2017 - 2021)

Greater Cannabis Company (GCAND) has 4 years of Gross Margin data on record, last reported at 0.1% in Q2 2020.

  • For Q2 2020, Gross Margin changed N/A year-over-year to 0.1%; the TTM value through Dec 2020 reached 2.96%, down 21279.0%, while the annual FY2021 figure was 0.2%, 10.0% down from the prior year.
  • Gross Margin reached 0.1% in Q2 2020 per GCAND's latest filing, down from 30.56% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q1 2018 and bottomed at 2.92% in Q2 2017.
  • Average Gross Margin over 4 years is 38.0%, with a median of 30.56% recorded in 2019.
  • The widest YoY moves for Gross Margin: up 6518bps in 2018, down 6518bps in 2018.
  • A 4-year view of Gross Margin shows it stood at 2.92% in 2017, then soared by 2236bps to 62.26% in 2018, then tumbled by -51bps to 30.56% in 2019, then tumbled by -100bps to 0.1% in 2020.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 0.1% in Q2 2020, 30.56% in Q4 2019, and 62.26% in Q2 2018.