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Item 9 Labs Corp
OTC:INLB

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Item 9 Labs Corp
OTC:INLB
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Price: 0.0001 USD Market Closed
Market Cap: $701.8

Gross Margin

49.8%
Current
Improving
by 3%
vs 3-y average of 46.8%

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
49.8%
=
Gross Profit
$9.8m
/
Revenue
$19.7m

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
49.8%
=
Gross Profit
$9.8m
/
Revenue
$19.7m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Item 9 Labs Corp
OTC:INLB
701.8 USD
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US
Eli Lilly and Co
NYSE:LLY
829.8B USD
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US
Johnson & Johnson
NYSE:JNJ
579B USD
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CH
Roche Holding AG
SIX:ROG
248.4B CHF
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US
Merck & Co Inc
NYSE:MRK
296B USD
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UK
AstraZeneca PLC
LSE:AZN
221.8B GBP
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CH
Novartis AG
SIX:NOVN
228.6B CHF
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IE
Endo International PLC
LSE:0Y5F
237.1B USD
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DK
Novo Nordisk A/S
CSE:NOVO B
1T DKK
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US
Pfizer Inc
NYSE:PFE
153.7B USD
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US
Bristol-Myers Squibb Co
NYSE:BMY
117.8B USD
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Market Distribution

In line with most companies in the United States of America
Percentile
58th
Based on 12 729 companies
58th percentile
49.8%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Item 9 Labs Corp
Glance View

Market Cap
701.8 USD
Industry
Pharmaceuticals

Item 9 Labs Corp. is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The company is headquartered in Phoenix, Arizona and currently employs 103 full-time employees. The company went IPO on 2011-11-03. The firm produces cannabis and cannabis-related products and offers approximately 75 active cannabis strains and more than 150 differentiated cannabis vape products as well as premium concentrates and Orion vape technologies. The firm's Item 9 Labs brand specializes in select products and user experience across several cannabis categories. The firm also offers a dispensary franchise model through the national Unity Rd. retail brand. Item 9 Labs cultivates elevated mainstream cannabis flower, vape cartridges, concentrates and Apollo & Orion vape technologies. The Company’s products are available to consumers through licensed dispensaries in Arizona. Its products are carried in more than 70 dispensaries throughout the state of Arizona.

INLB Intrinsic Value
Not Available
What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
49.8%
=
Gross Profit
$9.8m
/
Revenue
$19.7m
What is Item 9 Labs Corp's current Gross Margin?

The current Gross Margin for Item 9 Labs Corp is 49.8%, which is above its 3-year median of 46.8%.

How has Gross Margin changed over time?

Over the last 3 years, Item 9 Labs Corp’s Gross Margin has increased from 36.9% to 49.8%. During this period, it reached a low of 33.4% on Jun 30, 2022 and a high of 49.8% on Jun 30, 2023.

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