PowerBand Solutions Inc
XTSX:PBX
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 |
|
PowerBand Solutions Inc
XTSX:PBX
|
70.1m CAD |
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|
|
| US |
|
Amazon.com Inc
NASDAQ:AMZN
|
2.2T USD |
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|
|
| ZA |
N
|
Naspers Ltd
JSE:NPN
|
708.5B ZAR |
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|
|
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
392B USD |
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|
|
| CN |
|
PDD Holdings Inc
NASDAQ:PDD
|
148.4B USD |
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|
|
| NL |
|
Prosus NV
AEX:PRX
|
104.5B EUR |
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|
|
| UY |
|
MercadoLibre Inc
BMV:MELIN
|
1.8T MXN |
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|
|
| AR |
|
Mercadolibre Inc
NASDAQ:MELI
|
101.9B USD |
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|
|
| US |
D
|
DoorDash Inc
NASDAQ:DASH
|
75.1B USD |
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|
|
| CN |
|
Meituan
HKEX:3690
|
518.9B HKD |
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|
|
| CN |
|
JD.Com Inc
HKEX:9618
|
344.7B HKD |
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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
PowerBand Solutions Inc
Glance View
Powerband Solutions, Inc. is a technology company, which engages in the development marketing, and sale of access to cloud-based transaction platform to buy, sell, trade, finance, and lease new and used vehicles. The company is headquartered in Burlington, Ontario. The company went IPO on 2013-03-07. The firm develops, markets and sells access to cloud-based transaction platform to buy, sell, trade, finance and lease new and used vehicles, which includes appraisal services, market information and financing solutions. The firm's segments include Canadian operations and US operations. The firm's products include LiveNet Auction Portal, which allows dealers to create an online auction that launches a used vehicle to a network of the industry's used vehicle buyers; Marketplace Auction, which allows dealers, dealer groups, rental, and leasing companies to load a used vehicle onto the site with a description of the vehicle, photos, condition reports, and a pre-set reserve bid; Dynamic Appraisal, is an electronic used vehicle appraisal system; and Market Intelligence, which provides automotive dealerships with retail market price valuations.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for PowerBand Solutions Inc is 52.3%, which is below its 3-year median of 54.9%.
Over the last 3 years, PowerBand Solutions Inc’s Gross Margin has increased from 49.8% to 52.3%. During this period, it reached a low of 45.1% on Sep 30, 2021 and a high of 64.4% on Sep 30, 2023.