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Local Bounti Corp
NYSE:LOCL

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Local Bounti Corp Logo
Local Bounti Corp
NYSE:LOCL
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Price: 2.61 USD 1.16% Market Closed
Updated: May 5, 2024

Gross Margin
Local Bounti Corp

8%
Current
12%
Average
22.3%
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
8%
=
Gross Profit
2.2m
/
Revenue
27.6m

Gross Margin Across Competitors

Country US
Market Cap 21.7m USD
Gross Margin
8%
Country US
Market Cap 29.7B USD
Gross Margin
8%
Country CY
Market Cap 24B USD
Gross Margin
26%
Country SG
Market Cap 20.2B SGD
Gross Margin
8%
Country US
Market Cap 14.7B USD
Gross Margin
8%
Country CN
Market Cap 97.7B CNY
Gross Margin
31%
Country US
Market Cap 7.5B USD
Gross Margin
21%
Country US
Market Cap 6.8B USD
Gross Margin
24%
Country MY
Market Cap 30.6B MYR
Gross Margin
0%
Country CN
Market Cap 40.5B CNY
Gross Margin
5%
Country MY
Market Cap 25.4B MYR
Gross Margin
0%

Profitability Report

View the profitability report to see the full profitability analysis for Local Bounti Corp.

See Also

Discover More
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
8%
=
Gross Profit
2.2m
/
Revenue
27.6m
What is the Gross Margin of Local Bounti Corp?

Based on Local Bounti Corp's most recent financial statements, the company has Gross Margin of 8%.