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Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc
TSX:NOVC
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Price: 1.75 CAD Market Closed
Market Cap: CA$108.6m

Gross Margin

24.8%
Current
Improving
by 2%
vs 3-y average of 22.8%

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
24.8%
=
Gross Profit
CA$66.7m
/
Revenue
CA$268.6m

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
24.8%
=
Gross Profit
CA$66.7m
/
Revenue
CA$268.6m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Nova Cannabis Inc
TSX:NOVC
108.6m CAD
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JP
Paris Miki Holdings Inc
TSE:7455
51.3T JPY
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CN
Pop Mart International Group Ltd
HKEX:9992
203.5B HKD
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US
Tractor Supply Co
NASDAQ:TSCO
23.9B USD
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US
Ulta Beauty Inc
NASDAQ:ULTA
23.3B USD
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CN
China Tourism Group Duty Free Corp Ltd
SSE:601888
142.5B CNY
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US
DICK'S Sporting Goods Inc
NYSE:DKS
18.7B USD
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HK
Chow Tai Fook Jewellery Group Ltd
HKEX:1929
111B HKD
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US
Five Below Inc
NASDAQ:FIVE
12.2B USD
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NL
Grandvision NV
F:8GV
7.2B EUR
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JP
Sanrio Co Ltd
TSE:8136
1.2T JPY
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Market Distribution

In line with most companies in Canada
Percentile
36th
Based on 4 108 companies
36th percentile
24.8%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Nova Cannabis Inc
Glance View

Market Cap
108.6m CAD
Industry
Retail

Nova Cannabis, Inc. is a national cannabis retail company. The company is headquartered in Edmonton, Alberta and currently employs 548 full-time employees. The company went IPO on 2019-01-07. The firm is focused on offering a range of cannabis products. The firm owns and operates 78 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. The firm operates approximately 11 Value Buds stores, over six in Ontario and approximately five in Albert locations.

NOVC 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
24.8%
=
Gross Profit
CA$66.7m
/
Revenue
CA$268.6m
What is Nova Cannabis Inc's current Gross Margin?

The current Gross Margin for Nova Cannabis Inc is 24.8%, which is above its 3-year median of 22.8%.

How has Gross Margin changed over time?

Over the last 3 years, Nova Cannabis Inc’s Gross Margin has decreased from 25.4% to 24.8%. During this period, it reached a low of 17.8% on Mar 31, 2022 and a high of 25.4% on Jun 30, 2021.

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