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Bullboard - Stock Discussion Forum Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

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... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > What is considered high profit margins
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Post by Rockets2021 on Jan 20, 2022 2:51pm

What is considered high profit margins

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."

Comment by randomtask on Jan 20, 2022 3:53pm
FAF has averaged 35-40% margins over the last 2 years 
Comment by 20centsORLESS on Jan 20, 2022 8:01pm
Pssst... hey retrd... look up gross margin...
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