Toughbuilt Industries Inc
NASDAQ:TBLT

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Toughbuilt Industries Inc
NASDAQ:TBLT
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Price: 0.5 USD -1.96%
Market Cap: 720k USD

Gross Margin
Toughbuilt Industries Inc

21.5%
Current
26%
Average
30.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.5%
=
Gross Profit
16.4m
/
Revenue
76.3m

Gross Margin Across Competitors

Toughbuilt Industries Inc
Glance View

Toughbuilt Industries, Inc. engages in marketing and distributing home improvement and construction product lines under TOUGHBUILT brand. The company is headquartered in Lake Forest, California and currently employs 185 full-time employees. The company went IPO on 2018-11-09. The firm distributes various home improvement and construction product lines for both Do-It-Yourself (DIY) and professional markets under the TOUGHBUILT brand name. Its major product line is the soft goods line, which consists of approximately over 100 variations of tool pouches, tool rigs, tool belts and accessories, tools bags, totes, variety of storage solutions and office organizers/bags for laptop/tablet/cellphones. Its second major category of product line is the metal goods, which consists of sawhorses and work support products with design and construction targeted for the discerning users in the industry. Furthermore, it includes several stands and work support products.

TBLT Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.5%
=
Gross Profit
16.4m
/
Revenue
76.3m
What is the Gross Margin of Toughbuilt Industries Inc?

Based on Toughbuilt Industries Inc's most recent financial statements, the company has Gross Margin of 21.5%.

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