Forza Innovations Inc
OTC:FORZ
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 |
|
Forza Innovations Inc
OTC:FORZ
|
2.5k USD |
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|
| US |
|
Abbott Laboratories
NYSE:ABT
|
199.2B USD |
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|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
175.5B USD |
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|
|
| US |
|
Stryker Corp
NYSE:SYK
|
146.1B USD |
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|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
124.4B USD |
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|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
111.8B USD |
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|
|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
47.2B EUR |
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|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
52.1B USD |
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|
|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
52B USD |
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|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
48.1B USD |
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|
|
| US |
|
GE Healthcare Technologies Inc
NASDAQ:GEHC
|
38.2B 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
Forza Innovations Inc
Glance View
Forza Innovations, Inc. engages in the health-tech wearable performance business. The company is headquartered in Calgary, Alberta. The company went IPO on 2017-06-14. The firm has acquired the ownership and rights to certain late developmental stage products, including the WarmUp product line, which is comprised of the J4 Sport, J4 X and J4 Fitbelt. These products are wearable back compression devices, used to relax, warmup, loosen, or relax stiff and sore muscles. The therapeutic application of heat causes a change in temperature of the soft tissues, which decreases joint stiffness and relieves inflammation. Its WarmUp series products use carbon micro-fibres combined with rechargeable lithium batteries. J4 Sport is for patients with chronic back pain conditions, such as arthritis, osteoporosis, fibromyalgia, and ligament strains. J4 Fitbelt is used to target both the abdominal and lower back muscles or just one of the muscle groups. Its J4 Core is used to wear while playing, recovering, or performing daily activities at work, home or on the road.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Forza Innovations Inc is 97.7%, which is above its 3-year median of 82.9%.
Over the last 2 years, Forza Innovations Inc’s Gross Margin has increased from 89.2% to 97.7%. During this period, it reached a low of 66.5% on Dec 31, 2022 and a high of 97.7% on Jan 31, 2024.
