Cannlabs Net Income vs. Gross Profit
| CANL Stock | USD 0.0001 0.00 0.00% |
For Cannlabs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cannlabs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cannlabs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cannlabs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cannlabs over time as well as its relative position and ranking within its peers.
Cannlabs |
Cannlabs Gross Profit vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cannlabs's current stock value. Our valuation model uses many indicators to compare Cannlabs value to that of its competitors to determine the firm's financial worth. Cannlabs is number one stock in net income category among its peers. It also is number one stock in gross profit category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cannlabs' earnings, one of the primary drivers of an investment's value.Cannlabs Gross Profit vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Cannlabs |
| = | (1.58 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Cannlabs |
| = | 478.11 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cannlabs Gross Profit Comparison
Cannlabs is currently under evaluation in gross profit category among its peers.
Cannlabs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cannlabs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cannlabs will eventually generate negative long term returns. The profitability progress is the general direction of Cannlabs' change in net profit over the period of time. It can combine multiple indicators of Cannlabs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
CannLabs, Inc. provides cannabis testing laboratory services in the United States. The company also offers dataanalytics and consulting, as well as education services. Cannlabs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 37 people.
Cannlabs Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cannlabs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cannlabs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cannlabs' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Cannlabs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run FinTech Suite Now
FinTech SuiteUse AI to screen and filter profitable investment opportunities |
| All Next | Launch Module |
Use Investing Themes to Complement your Cannlabs position
In addition to having Cannlabs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize World Allocation Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Cannlabs Pink Sheet
To fully project Cannlabs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cannlabs at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cannlabs' income statement, its balance sheet, and the statement of cash flows.