Nova Cannabis Inc
TSX:NOVC

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Nova Cannabis Inc Logo
Nova Cannabis Inc
TSX:NOVC
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Price: 1.75 CAD
Market Cap: 108.6m CAD

Gross Margin
Nova Cannabis Inc

24.8%
Current
21%
Average
33.2%
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
24.8%
=
Gross Profit
66.7m
/
Revenue
268.6m

Gross Margin Across Competitors

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 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
24.8%
=
Gross Profit
66.7m
/
Revenue
268.6m
What is the Gross Margin of Nova Cannabis Inc?

Based on Nova Cannabis Inc's most recent financial statements, the company has Gross Margin of 24.8%.

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