The Gross margin of My Foodie Box Ltd is -12.24%
Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.
lfy (last fiscal year)
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
My Foodie Box Limited prepares and delivers meal kits in Western Australia. It also operates a subscription based e-commerce platform. The company was incorporated in 2017 and is based in Maylands, Australia.