Company / Gross Margin
Greater Cannabis Company, Inc. Gross Margin History
FY2017-FY2021 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
-0.2%
FY2021
5-year range
-0.2% / 91.1%
FY2017-FY2021
Trend
-100.0%
vs FY2020
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has declined for 3 consecutive years, from 91.1% in FY2018 to -0.2% in FY2021.
Based on SEC 10-K filings.
-0.2% in FY2021 with a 3-year CAGR of -91.3%.
Declined from 56.1% to -0.2% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -91.3pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- Greater Cannabis Company, Inc.'s gross margin has declined for 3 consecutive years.
- In FY2021, gross margin decreased 100.0% year-over-year.
- Peak gross margin was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score -16.62 (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2022 | - | - |
| FY2021 | -0.2% | -100.0% |
| FY2020 | -0.1% | -100.2% |
| FY2019 | 56.1% | -38.4% |
| FY2018 | 91.1% | +90.4% |
| FY2017 | 47.9% | - |