THE GREATER CANNABIS COMPANY, INC. (GCAN) Gross margin 2018–2022
THE GREATER CANNABIS COMPANY, INC. (GCAN) gross margin by fiscal year — reported gross profit divided by reported revenue.
-0.2%FY2022 · since FY2018: 47.8% → -0.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | -0.2% | -0.1 pp |
| FY2021 | -0.1% | -56.2 pp |
| FY2020 | 56.1% | -35.0 pp |
| FY2019 | 91.1% | +43.3 pp |
| FY2018 | 47.8% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice