Romeo Power Inc
NYSE:RMO

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Romeo Power Inc
NYSE:RMO
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Price: 0.35 USD -3.18% Market Closed
Updated: May 19, 2024

Gross Margin
Romeo Power Inc

-137.6%
Current
-71%
Average
24.3%
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
-137.6%
=
Gross Profit
-44.2m
/
Revenue
32.1m

Gross Margin Across Competitors

Country US
Market Cap 65m USD
Gross Margin
-138%
Country FR
Market Cap 127.9B EUR
Gross Margin
42%
Country IE
Market Cap 132B USD
Gross Margin
37%
Country CN
Market Cap 890.4B CNY
Gross Margin
23%
Country CH
Market Cap 87.8B CHF
Gross Margin
36%
Country KR
Market Cap 88.1T KRW
Gross Margin
15%
Country US
Market Cap 64.6B USD
Gross Margin
50%
Country US
Market Cap 38.6B USD
Gross Margin
36%
Country US
Market Cap 36.2B USD
Gross Margin
35%
Country BR
Market Cap 166.3B BRL
Gross Margin
33%
Country US
Market Cap 30.8B USD
Gross Margin
40%

Profitability Report

View the profitability report to see the full profitability analysis for Romeo Power Inc.

See Also

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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
-137.6%
=
Gross Profit
-44.2m
/
Revenue
32.1m
What is the Gross Margin of Romeo Power Inc?

Based on Romeo Power Inc's most recent financial statements, the company has Gross Margin of -137.6%.