Cavitation Technologies (Cavitation Technologies) Gross Profit : $0.67 Mil (TTM As of Mar. 2024)

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What is Cavitation Technologies Gross Profit?

Cavitation Technologies's gross profit for the three months ended in Mar. 2024 was $0.51 Mil. Cavitation Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $0.67 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cavitation Technologies's gross profit for the three months ended in Mar. 2024 was $0.51 Mil. Cavitation Technologies's Revenue for the three months ended in Mar. 2024 was $0.52 Mil. Therefore, Cavitation Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 98.65%.

Cavitation Technologies had a gross margin of 98.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Cavitation Technologies was 97.59%. The lowest was 72.06%. And the median was 93.60%.

Warning Sign:

Cavitation Technologies Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.

Cavitation Technologies Gross Profit Historical Data

The historical data trend for Cavitation Technologies's Gross Profit 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.

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Cavitation Technologies Gross Profit Chart

Cavitation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

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1.02

1.62

0.54

1.62

0.31

Cavitation Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial															0.05	-	-	0.16	0.51

Competitive Comparison of Cavitation Technologies's Gross Profit

For the Specialty Industrial Machinery subindustry, Cavitation Technologies's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Cavitation Technologies's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cavitation Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cavitation Technologies's Gross Profit falls into.

Cavitation Technologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Cavitation Technologies's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	0.433	-	0.121
	=	0.31

Cavitation Technologies's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	0.519	-	0.007
	=	0.51

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.67 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Cavitation Technologies's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	0.51	/	0.519
	=	98.65 %

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.

Cavitation Technologies (OTCPK:CVAT) Gross Profit 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

Cavitation Technologies had a gross margin of 98.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

Cavitation Technologies Gross Profit Related Terms

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Cavitation Technologies (Cavitation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cavitation Technologies Inc (OTCPK:CVAT) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

10019 Canoga Avenue, Chatsworth, CA, USA, 91311

Website

http://www.ctinanotech.com

Cavitation Technologies Inc develops, patents, and commercializes the proprietary technology for large-scale liquid processing applications. The firm has commercialized its proprietary technology for refining vegetable oils by providing domestic and foreign refining facilities with a firm's Nano Neutralization technology and cavitation systems comprising the Nano Reactor. Its technologies can be applied to several other fluid-processing industries that will benefit from increased yields, lowered processing costs, and improved quality. It has filed patent applications related to edible oil refining, renewable fuel production, both alcoholic and non-alcoholic beverage processing and enhancement, and petroleum upgrading. Its component comprises of Nano Reactor and LPN.

Executives

Naum Voloshin	officer: Chief Financial Officer	10019 CANOGA AVENUE, CHATSWORTH CA 91311
Roman Gordon	director, 10 percent owner, officer: CEO, Secretary	10019 CANOGA AVENUE, CHATSWORTH CA 91311
Todd Zelek	director, officer: CEO	730 SOUTH SAN RAFAEL AVENUE, PASADENA CA 91105
James W Fuller	director	C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Igor Gorodnitsky	director, 10 percent owner, officer: President	10019 CANOGA AVENUE, CHATSWORTH CA 91311
R L Hartshorn	director, 10 percent owner, officer: CFO	10019 CANOGA AVENUE, CHATSWORTH CA 91311
Jose Antonio Castro	director, 10 percent owner, officer: CEO & CFO	3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502
Zhang Haiming	director, 10 percent owner, officer: Chief Technology Officer	3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502