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Artificial Intelligence Technology Solutions Inc   (AITX)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial


Artificial Intelligence Technology Solutions Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



AITX Gross Profit Margin (Aug 31 2020)
II. Quarter
(May 31 2020)
I. Quarter
(Feb 29 2020)
IV. Quarter
(Nov 30 2019)
III. Quarter
(Aug 31 2019)
II. Quarter
Y / Y Revenue Change -90.34 % 57.1 % - -99.3 % 7639.46 %
Y / Y Gross Profit Change -46.59 % 34.73 % - 71.02 % -
Gross Profit Margin 52.67 % 85.33 % - 93.05 % 9.53 %
Gross Profit Margin Total Ranking # 2221 # 1082 # # 1104 # 4278
Seq. Revenue Change 20.15 % - - -90.93 % 1853.83 %
Seq. Gross Profit Change -25.84 % - - -11.41 % 87.08 %


Commenting Second Quarter 2020 Gross Profit Margin
Company's Gross Profit Margin sequentially deteriorated to 52.67 % due to increase in Cost of Sales and despite Revenue increase of 20.15 % to $0 millions.
Company's Gross Profit Margin in II. Quarter, was lower than company average.

Observing second quarter 2020 results within Blank Checks industry 23 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated compare to previous quarter from 1082 to 2221.
Learn about Gross Margin
AITX's Gross Profit Margin second quarter 2020 Company Ranking
Within: No.
Blank Checks Industry # 24
Financial Sector # 639
Overall # 2218

Gross Profit Margin Statistics
High Average Low
100 % 69.82 % 0.38 %
(Feb 28 2018)   (Nov 30 2018)



Financial Statements
Artificial Intelligence Technology Solutions Inc 's (Aug 31 2020) Gross Profit $ 0 AITX's Income Statement
Artificial Intelligence Technology Solutions Inc 's (Aug 31 2019) Gross Profit $ 0 Quarterly AITX's Growth
AITX's Profits by Division See AITX's Profits by Segment

Other Gross Profit Margin Profitability Ratios
AITX's Cumulative Gross Profit Margin
Blank Checks Industry Gross Profit Margin Trends and Statistics
Financial Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
AITX's Gross Profit Margin Profitability versus Blank Checks Industry, Financial Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for AITX's Competitors
Gross Profit Margin Profit Margin for Artificial Intelligence Technology Solutions Inc 's Suppliers
Gross Profit Margin Profit Margin for AITX's Customers

You may also want to know
AITX's Annual Growth Rates AITX's Profitability Ratios AITX's Asset Turnover Ratio AITX's Dividend Growth
AITX's Roe AITX's Valuation Ratios AITX's Financial Strength Ratios AITX's Gross Profit Growth
AITX's Roa AITX's Inventory Turnover Ratio AITX's Growth Rates AITX's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Aug 31 2020, within Blank Checks Industry Gross Profit MarginAug 31 2020 MRQ Gross ProfitAug 31 2020 MRQ Revenue
Global Arena Holding Inc   100.00 %$ 0.136 $ 0.136 
International Money Express Inc   100.00 %$ 95.594 $ 95.594 
Wall Street Media Co Inc   100.00 %$ 0.030 $ 0.030 
Yummies Inc  100.00 %$ 0.000 $ 0.000 
Wewards Inc   100.00 %$ 0.012 $ 0.012 
Falcon Minerals Corp  100.00 %$ 9.669 $ 9.669 
Pct Ltd  100.00 %$ 0.784 $ 0.784 
Man Ahl Diversified I Lp  100.00 %$ 0.044 $ 0.044 
Vivint Smart Home Inc   100.00 %$ 318.960 $ 318.960 
Plymouth Industrial Reit Inc   100.00 %$ 27.518 $ 27.518 
Altus Midstream Company  100.00 %$ 40.172 $ 40.172 
Drive Shack Inc   96.74 %$ 64.295 $ 66.465 
Viewbix Inc   94.12 %$ 0.016 $ 0.017 
Slack Technologies Inc   86.13 %$ 201.970 $ 234.498 
Evo Payments Inc   82.31 %$ 96.283 $ 116.976 
Simplicity Esports and Gaming Co  79.81 %$ 0.160 $ 0.201 
Jones Lang Lasalle Income Property Trust Inc   79.66 %$ 39.062 $ 49.037 
Heritage Global Inc   78.79 %$ 5.961 $ 7.566 
Athene Holding Ltd  77.19 %$ 2,528.000 $ 3,275.000 
Boston Omaha Corp  76.05 %$ 8.826 $ 11.607 
Rimini Street Inc   61.23 %$ 50.527 $ 82.518 
Yeti Holdings Inc   59.05 %$ 173.976 $ 294.603 
Exceed World Inc   53.61 %$ 3.180 $ 5.932 
Artificial Intelligence Technology Solutions Inc   52.67 %$ 0.040 $ 0.076 
Kldiscovery Inc   47.80 %$ 34.563 $ 72.301 
Concrete Pumping Holdings Inc   44.81 %$ 35.487 $ 79.190 
Accolade inc   42.72 %$ 15.717 $ 36.788 
Vitalibis Inc   42.43 %$ 0.031 $ 0.074 
Acquired Sales Corp   41.81 %$ 0.631 $ 1.509 
Konatel Inc   35.68 %$ 0.902 $ 2.527 


       
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