IM Cannabis Corp
NASDAQ:IMCC
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 |
I
|
IM Cannabis Corp
CNSX:IMCC
|
9.7m CAD |
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|
|
| US |
|
Eli Lilly and Co
NYSE:LLY
|
997.2B USD |
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|
|
| US |
|
Johnson & Johnson
NYSE:JNJ
|
578.6B USD |
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|
|
| CH |
|
Roche Holding AG
SIX:ROG
|
281.1B CHF |
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|
|
| US |
|
Merck & Co Inc
NYSE:MRK
|
303.5B USD |
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|
|
| CH |
|
Novartis AG
SIX:NOVN
|
230.9B CHF |
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|
|
| UK |
|
AstraZeneca PLC
LSE:AZN
|
216.1B GBP |
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|
|
| IE |
E
|
Endo International PLC
LSE:0Y5F
|
218B USD |
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|
|
| DK |
|
Novo Nordisk A/S
CSE:NOVO B
|
1.3T DKK |
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|
|
| US |
|
Pfizer Inc
NYSE:PFE
|
154.7B USD |
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|
|
| US |
|
Bristol-Myers Squibb Co
NYSE:BMY
|
125.6B 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
IM Cannabis Corp
Glance View
IM Cannabis Corp. engages in the production and sale of medical cannabis products. The company is headquartered in Vancouver, British Columbia and currently employs 283 full-time employees. The firm operates in Israel through its commercial relationship with Focus Medical Herbs Ltd. (Focus Medical), where it cultivates, imports and distributes cannabis to medical patients, data and patient insights. The firm also operates medical cannabis retail pharmacies, online platforms, distribution centers and logistical hubs in Israel. The firm operates in Germany through Adjupharm GmbH (Adjupharm), where it is a certified medical cannabis producer and distributor with wholesale, narcotics handling, manufacturing, procurement, storage, and distribution licenses. The firm operates in Canada through Trichome JWC Acquisition Corp. d/b/a JWC and MYM Nutraceuticals Inc., where it cultivates and processes cannabis for the adult-use market at its Ontario and Nova Scotia facilities under the WAGNERS and Highland Grow brands.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for IM Cannabis Corp is 18.6%, which is above its 3-year median of 17.6%.
Over the last 3 years, IM Cannabis Corp’s Gross Margin has increased from 11% to 18.6%. During this period, it reached a low of 11% on Mar 31, 2022 and a high of 22.1% on Sep 30, 2023.
