Lifeist Wellness Inc V.LFST

Alternate Symbol(s): LFSWF

Healthcare Biotechnology Cannabis Health Care

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company leverages advancements in science and technology to develop innovative products to support human wellness and transform lives. The Company's key asset is its United States biosciences subsidiary Mikra Cellular Sciences Inc. (Mikra), a biosciences and consumer wellness company focused on developing and selling products. Mikra's products consists of Focus, Protect, Serenity, and CELLF.

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Lifeist Wellness Inc > What is considered high profit margins

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Comment by 20centsORLESSon Jan 20, 2022 8:01pm

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Post# 34340559

RE:RE:What is considered high profit margins

Pssst... hey retrd... look up gross margin...

randomtask wrote:
FAF has averaged 35-40% margins over the last 2 years

Rockets2021 wrote:

At the most recent shareholders about 50 days ago it was reported that CEO Meni Morim stated B2B product sales are averaging 20% and Roilty is over 40%.

"What is considered a healthy profit margin?

"While every business is different, there are some general guidelines as to what healthy margins look like. According to the Corporate Finance Institute, 5 percent profit margins are considered low, while 10 percent margins are average and 20 percent margins are high."