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Hannover House (Hannover House) Gross Profit : $0.49 Mil (TTM As of Dec. 2020)


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What is Hannover House Gross Profit?

Hannover House's gross profit for the six months ended in Dec. 2020 was $0.49 Mil. Hannover House's gross profit for the trailing twelve months (TTM) ended in Dec. 2020 was $0.49 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hannover House's gross profit for the six months ended in Dec. 2020 was $0.49 Mil. Hannover House's Revenue for the six months ended in Dec. 2020 was $0.49 Mil. Therefore, Hannover House's Gross Margin % for the quarter that ended in Dec. 2020 was 99.80%.

Hannover House had a gross margin of 99.80% for the quarter that ended in Dec. 2020 => Durable competitive advantage


Hannover House Gross Profit Historical Data

The historical data trend for Hannover House'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.

* Premium members only.

Hannover House Gross Profit Chart

Hannover House Annual Data
Trend Dec14 Dec15 Dec20
Gross Profit
1.31 3.37 0.49

Hannover House Semi-Annual Data
Dec14 Dec15 Dec20
Gross Profit 1.31 3.37 0.49

Competitive Comparison of Hannover House's Gross Profit

For the Entertainment subindustry, Hannover House'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.


Hannover House's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hannover House's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hannover House's Gross Profit falls into.



Hannover House Gross Profit Calculation

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

Hannover House's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=0.489 - 0.001
=0.49

Hannover House's Gross Profit for the quarter that ended in Dec. 2020 is calculated as

Gross Profit (Q: Dec. 2020 )=Revenue - Cost of Goods Sold
=0.489 - 0.001
=0.49

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2020 was $0.49 Mil.

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

Hannover House's Gross Margin % for the quarter that ended in Dec. 2020 is calculated as

Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.49 / 0.489
=99.80 %

* 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.

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.


Hannover House  (OTCPK:HHSE) 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

Hannover House had a gross margin of 99.80% for the quarter that ended in Dec. 2020 => Durable competitive advantage


Hannover House Gross Profit Related Terms

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Hannover House (Hannover House) Business Description

Traded in Other Exchanges
N/A
Address
1621 Central Avenue, Cheyenne, WY, USA, 82001
Hannover House Inc is a service media company, specializing in the production and distribution of feature films for theaters, home videos, and video-on-demand formats for the North American retail marketplace. It is mainly focused on the literary and book-publishing industries. It is particularly noted for its successes in placing DVD titles within mass merchandisers and keychain stores. Retailers carrying Hannover products include independently owned and operated retail video stores, and mass merchants and retailers.
Executives
Eric Parkinson director, officer: C.E.O. 1428 CHESTER ST., SPRINGDALE AR 72764
Don Frederick Shefte officer: President 1428 CHESTER ST SPRINGDALE AR 72764