We fully understand that finance is not everyone's forte. To help those who view our company make a calculated decision we have decided to highlight a few key financial figures.
For our comparison we have chosen to use "Apple" as the company we compare ourselves to.
1. Net Margin:
Net margin is: is the profit actually made by a company after all expenses are paid. Apple's net margin is: 23% our's for 2019 was 26%
We had a higher profitability per dollar than Apple Inc.!
2.Gross Margin: is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.
Our gross margin compared to Apple Inc:
Dr. Strains: 56%
Apple Inc: ~38%
Our gross margin for 2019 was almost 50% higher than Apple's. Also please note, our fundraise is to cut our cogs by 75%. We will achieve this by cultivation our own products instead of sourcing it from other suppliers.
3. Return on Assets: is an indicator of how profitable a company is relative to its total assets.
Our return asset ratio was 62% for 2019 while Apple Inc's was 17%. We at Dr strains were able to achieve over 3x ROA than Apple! Also we were only in business then for 3 months!
4. Debt Ratio: debt ratio measures the amount of leverage used by a company in terms of total debt to total assets.
Dr. Strains: 37%
Apple Inc.: 112%
We have over 3x less debt than Apple!
As a summary per dollar invested we have out performed Apple and have a higher profit per dollar than Apple.
We know that we are not Apple and also are not a multi billion dollar company. However with only 11 month operating we were able to hit the ground running and accomplish figures that are above and beyond most established companies and brands. We are looking for investors who demand transparency and are attracted to the "green economy". We believe with our current team and expanding by growing our company vertically we can be industry leaders for decades to come.
Thank you for reading,
Dr Strains CBD.
Privacy: We won’t share your data, or post to your wall, without your permission.
Already have a Wefunder account? Login
Don't have a Wefunder account? Signup