Latest gross profit for CBGI: $6M, below the sector sector average of $790M.
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+ FollowAs of Sep 30, 2008
Trailing 12 months ending Sep 30, 2008
Cannabusiness Group (CBGI) currently reports a gross profit of $6M as of September 2008. That compares with $6.4M in the prior-year period — down 5.5% year over year. That is below the sector sector average of $790M. Use the charts on this page to explore Cannabusiness Group's gross profit history and peer comparisons.
Cannabusiness Group's gross profit decreased from $6.4M to $6M — a 5.5% year-over-year decrease (period ending September 2008). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Cannabusiness Group's gross profit of $6M is lower than the its sector sector average of $790M. That is roughly 99.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Cannabusiness Group reported $6M in gross profit as of September 2008. That compares with $6.4M in the prior-year period — down 5.5% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current gross profit of $6M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $790M. From there, open related valuation or income-statement pages for Cannabusiness Group, and consider following CBGI for alerts when major investors trade the stock.