Legible Inc
CNSX:READ
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
L
|
Legible Inc
CNSX:READ
|
2.1m CAD |
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|
|
| US |
|
Alphabet Inc
NASDAQ:GOOGL
|
3.9T USD |
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|
|
| US |
|
Meta Platforms Inc
NASDAQ:META
|
1.7T USD |
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|
|
| ZA |
N
|
Naspers Ltd
JSE:NPN
|
736.6B ZAR |
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|
|
| CN |
|
Tencent Holdings Ltd
HKEX:700
|
5T HKD |
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|
|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
373B USD |
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|
|
| US |
|
Uber Technologies Inc
NYSE:UBER
|
154.7B USD |
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|
|
| US |
|
S&P Global Inc
NYSE:SPGI
|
133.2B USD |
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|
|
| NL |
|
Prosus NV
AEX:PRX
|
109.5B EUR |
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|
|
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
86.4B USD |
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|
|
| US |
D
|
DoorDash Inc
NASDAQ:DASH
|
78.7B USD |
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|
Market Distribution
| Min | -10 058.3% |
| 30th Percentile | 20.4% |
| Median | 33.6% |
| 70th Percentile | 50.5% |
| Max | 717.4% |
Other Profitability Ratios
Legible Inc
Glance View
Legible, Inc. engages in the business of communications and media broadcasting. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2021-12-01. The firm connects authors and readers through open access to a global reading and publishing platform. The firm offers readers around the globe open access to millions of books on any Internet-connected device. The firm provides digital e-book titles to its platform daily while developing multiple ways to deliver e-books to readers, including purchase, subscription, rental, ad-supported, and sponsored bookshelf reading options.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Legible Inc is 31%, which is below its 3-year median of 34.4%.
Over the last 3 years, Legible Inc’s Gross Margin has increased from -3 092% to 31%. During this period, it reached a low of -3 092% on Mar 3, 2022 and a high of 47.1% on Dec 31, 2022.
