Barfresh Food Group (Barfresh Food Group) Gross Margin % : 33.40% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Barfresh Food Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Barfresh Food Group's Gross Profit for the three months ended in Dec. 2023 was $0.64 Mil. Barfresh Food Group's Revenue for the three months ended in Dec. 2023 was $1.92 Mil. Therefore, Barfresh Food Group's Gross Margin % for the quarter that ended in Dec. 2023 was 33.40%.

Warning Sign:

Barfresh Food Group Inc gross margin has been in long-term decline. The average rate of decline per year is -13.9%.

The historical rank and industry rank for Barfresh Food Group's Gross Margin % or its related term are showing as below:

BRFH' s Gross Margin % Range Over the Past 10 Years
Min: 15.72 Med: 42.43 Max: 56.36
Current: 35.49

During the past 13 years, the highest Gross Margin % of Barfresh Food Group was 56.36%. The lowest was 15.72%. And the median was 42.43%.

BRFH's Gross Margin % is ranked worse than
55.05% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 37.03 vs BRFH: 35.49

Barfresh Food Group had a gross margin of 33.40% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Barfresh Food Group was -13.90% per year.

Barfresh Food Group Gross Margin % Historical Data

The historical data trend for Barfresh Food Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Barfresh Food Group Gross Margin % Chart

Barfresh Food Group Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

53.70

29.75

37.42

15.72

35.49

Barfresh Food Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															36.06	40.89	31.37	35.07	33.40

Competitive Comparison of Barfresh Food Group's Gross Margin %

For the Beverages - Non-Alcoholic subindustry, Barfresh Food Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barfresh Food Group's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Barfresh Food Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Barfresh Food Group's Gross Margin % falls into.

Barfresh Food Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Barfresh Food Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2.9	/	8.127
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8.127 - 5.243)	/	8.127
	=	35.49 %

Barfresh Food Group's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.6	/	1.922
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.922 - 1.28)	/	1.922
	=	33.40 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Barfresh Food Group (NAS:BRFH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Barfresh Food Group had a gross margin of 33.40% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Barfresh Food Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Barfresh Food Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Barfresh Food Group (Barfresh Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Barfresh Food Group Inc (NAS:BRFH) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3600 Wilshire Boulevard, Suite 1720, Los Angeles, CA, USA, 90010

Website

https://www.barfresh.com

Barfresh Food Group Inc develops, manufactures and distributes ready to blend frozen beverages, including smoothies, shakes and frappes for restaurant chains and the foodservice industry. The company's proprietary, patented system uses portion-controlled pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient, and without waste. Barfresh provides both a single serve solution and a bulk format solution, ideal for high-volume locations. It has seven flavors available as part of its standard line vanilla shake, caribbean smoothie, triple berry smoothie, caramel macchiato frappe, strawberry banana smoothie, mocha frappe and mango burst smoothie and has the development capabilities to deliver custom flavors.

Executives

Lisa Roger	officer: CHIEF FINANCIAL OFFICER	3600 WILSHIRE BOULEVARD SUITE 1720, LOS ANGELES CA 90010
Lazarus Investment Partners Lllp	10 percent owner	C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Macro Micro Partners Lllp	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Joseph M. Cugine	director	16859 CAMINETTO COURT, NAPLES, NAPLES FL 34110
Delle Coste Riccardo	director, 10 percent owner, officer: Chief Executive Officer	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Raffi Loussararian	officer: PRINCIPAL ACCOUNTING OFFICER	3600 WILSHIRE BLVD, SUITE 1720, LOS ANGELES CA 90010
Lazarus Management Co Llc	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Alice Elliot	director	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Isabelle Ortiz-cochet	director	2 ALLEE DE LONGCHAMP, SURESNES I0 92150
Nibel	10 percent owner	2 ALLEE DE LONGCHAMP, SURESNES I0 92150
Bruno Schoch	director	2 ALLEE DE LONGCHAMP, SURESNES I0 92150
Steven Lang	director, 10 percent owner	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Alexander H Ware	director	4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402
Joseph S. Tesoriero	officer: Chief Financial Officer	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Arnold Tinter	director, officer: CFO, Secretary	8530 WILSHIRE BLVD, SUITE 450, BEVERLY HILLS CA 90211