Chicago Atlantic Real Estate Finance (REFI) Gross Margin
Chicago Atlantic Real Estate Finance (REFI) does not report a gross margin in our data yet. Margins are stable over recent quarters. The company is a cannabis real estate investment trust (REIT) trading on the NASDAQ.
Current Gross Margin
—
Margin Trend
Stable
Latest Quarter Margin
0.0%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2023 Q2 | $13.7M | $0 | $0 | 0.0% |
| FY2023 Q1 | $14.9M | $0 | $0 | 0.0% |
| FY2022 Q4 | $14.8M | $0 | $0 | 0.0% |
| FY2022 Q3 | $12.9M | $0 | $0 | 0.0% |
| FY2022 Q2 | $11.4M | $0 | $0 | 0.0% |
| FY2022 Q1 | $9.8M | $0 | $0 | 0.0% |
| FY2021 Q4 | $5.8M | $0 | $0 | 0.0% |
Frequently Asked Questions
What is REFI's current gross margin?+
Gross margin for Chicago Atlantic Real Estate Finance is calculated as (revenue minus cost of revenue) divided by revenue, expressed as a percentage. It measures how efficiently the company converts sales into gross profit before operating expenses. Higher margins indicate better pricing power or lower production costs.
What is a good gross margin for cannabis companies?+
Cannabis gross margins vary widely by sub-sector. Retailers typically see 40-55%, vertically integrated MSOs 45-60%, and LPs 20-45%. Chicago Atlantic Real Estate Finance's margin should be compared to peers in the same sub-sector for meaningful context. Margins above 50% generally indicate strong pricing power.
Why do REFI's margins change quarter to quarter?+
Gross margin fluctuations for Chicago Atlantic Real Estate Finance can result from changes in product mix, pricing pressure from competition, input cost changes (e.g., energy, labor), inventory write-downs, or scaling into new markets where initial costs are higher. Seasonal harvest patterns can also affect margins for cultivators.