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CFN Enterprises (CFN Enterprises) Gross Margin % : 1.25% (As of Dec. 2023)


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What is CFN Enterprises Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CFN Enterprises's Gross Profit for the three months ended in Dec. 2023 was $0.02 Mil. CFN Enterprises's Revenue for the three months ended in Dec. 2023 was $1.59 Mil. Therefore, CFN Enterprises's Gross Margin % for the quarter that ended in Dec. 2023 was 1.25%.


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

CNFN' s Gross Margin % Range Over the Past 10 Years
Min: -50.85   Med: 38.48   Max: 75.02
Current: 14.56


During the past 13 years, the highest Gross Margin % of CFN Enterprises was 75.02%. The lowest was -50.85%. And the median was 38.48%.

CNFN's Gross Margin % is ranked worse than
85.65% of 962 companies
in the Media - Diversified industry
Industry Median: 38.375 vs CNFN: 14.56

CFN Enterprises had a gross margin of 1.25% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


CFN Enterprises Gross Margin % Historical Data

The historical data trend for CFN Enterprises'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.

CFN Enterprises Gross Margin % Chart

CFN Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -5.93 -12.10 -50.85 14.56

CFN Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 -64.01 -55.75 69.08 26.98 1.25

Competitive Comparison of CFN Enterprises's Gross Margin %

For the Advertising Agencies subindustry, CFN Enterprises'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.


CFN Enterprises's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CFN Enterprises's Gross Margin % distribution charts can be found below:

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



CFN Enterprises Gross Margin % Calculation

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

CFN Enterprises'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 )
=0.5 / 3.538
=(Revenue - Cost of Goods Sold) / Revenue
=(3.538 - 3.023) / 3.538
=14.56 %

CFN Enterprises'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 / 1.594
=(Revenue - Cost of Goods Sold) / Revenue
=(1.594 - 1.574) / 1.594
=1.25 %

* 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.


CFN Enterprises  (OTCPK:CNFN) 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

CFN Enterprises had a gross margin of 1.25% 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.


CFN Enterprises Gross Margin % Related Terms

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


CFN Enterprises (CFN Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
600 E.8th Street, Whitefish, MT, USA, 59937
CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry.
Executives
Anness Ziadeh officer: Chief Sales/Marketing Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi 10 percent owner, officer: Chief Strategy Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park 10 percent owner, officer: Chief Operating Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross director, officer: President & CEO C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli 10 percent owner 600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane officer: President of CFN Media 2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton 10 percent owner 143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais officer: Sr. VP, Product Development C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein officer: General Counsel C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937