iFresh Inc. Gross Margin

Gross Margin of IFMK for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending December 30, 2020 was 25.8% (a 30.3% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 98.31%
  • Annual Gross Margin for 2020 was 18.82% (a 15.74% increase from previous year)
  • Annual Gross Margin for 2019 was 16.26% (a -23.34% decrease from previous year)
  • Annual Gross Margin for 2018 was 21.21% (a -0.47% decrease from previous year)
  • Twelve month Gross Margin ending December 30, 2020 was 21.67% (a 7.01% increase compared to previous quarter)
  • Twelve month trailing Gross Margin increased by 15.14% year-over-year
Trailing Gross Margin for the last four month:
30 Dec '20 29 Sep '20 29 Jun '20 30 Mar '20
21.67% 20.25% 20.74% 18.82%
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Historical Gross Margin of iFresh Inc.

Most recent Gross Marginof IFMK including historical data for past 10 years.

Interactive Chart of Gross Margin of iFresh Inc.

iFresh Inc. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 25.8% 19.8% 28.07% 13.01% 18.82%
2019 20.65% 21.71% 20.14% 9.85% 16.26%
2018 18.09% 16.77% 20.67% 22.49% 21.21%
2017 20.97% 20.16% 21.18% 22.94% 21.31%
2016 21.2% 20.04% 20.93% 20.27%
2015 20.27%

Business Profile of iFresh Inc.

Sector: Consumer Defensive
Industry: Grocery Stores
iFresh Inc., through its subsidiaries, operates a network of grocery supermarket chains in the north-eastern United States. It operates through Wholesale and Retail segments. The company provides vegetables, seafood, meat, fruits, snacks, seasonings, and spices, such as peanut oil, cooking wine, vinegar, dark soy sauce, black bean sauce, pepper oil, and chilly oil; tea, condiments, canned goods, flour products, marine food products, candies groceries, traditional Chinese medicine, health products, and dried food; rice and rice products; assortment of noodles, frozen vegetables, frozen dumplings, frozen seafood products, and aquatic products; and cooking utensils. Its brand portfolio includes Family Elephant, Feiyan, Green Acre, Golden Smell, Redolent, and I FRESH. The company also distributes its products to wholesale stores, retail supermarkets, and restaurants. As of August 10, 2020, it operated nine retail supermarkets and two in-house wholesale businesses. The company offers its products through online sales channels and delivery network in suburban areas. iFresh Inc. was founded in 1995 and is headquartered in Long Island City, New York.