GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Jones Soda Co (OTCPK:JSDA) » Definitions » Gross Profit

Jones Soda Co (Jones Soda Co) Gross Profit : $5.61 Mil (TTM As of Mar. 2024)


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

What is Jones Soda Co Gross Profit?

Jones Soda Co's gross profit for the three months ended in Mar. 2024 was $1.89 Mil. Jones Soda Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $5.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jones Soda Co's gross profit for the three months ended in Mar. 2024 was $1.89 Mil. Jones Soda Co's Revenue for the three months ended in Mar. 2024 was $5.00 Mil. Therefore, Jones Soda Co's Gross Margin % for the quarter that ended in Mar. 2024 was 37.85%.

Jones Soda Co had a gross margin of 37.85% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Jones Soda Co was 31.53%. The lowest was 20.71%. And the median was 23.27%.


Jones Soda Co Gross Profit Historical Data

The historical data trend for Jones Soda Co'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.

Jones Soda Co Gross Profit Chart

Jones Soda Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.68 4.40 5.14 4.86

Jones Soda Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.56 1.48 0.68 1.89

Competitive Comparison of Jones Soda Co's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Jones Soda Co'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.


Jones Soda Co's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Jones Soda Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jones Soda Co's Gross Profit falls into.



Jones Soda Co Gross Profit Calculation

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

Jones Soda Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=16.669 - 11.814
=4.86

Jones Soda Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=4.999 - 3.107
=1.89

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 $5.61 Mil.

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

Jones Soda Co'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
=1.89 / 4.999
=37.85 %

* 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.


Jones Soda Co  (OTCPK:JSDA) 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

Jones Soda Co had a gross margin of 37.85% for the quarter that ended in Mar. 2024 => Competition eroding margins


Jones Soda Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Jones Soda Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Jones Soda Co (Jones Soda Co) Business Description

Traded in Other Exchanges
N/A
Address
4786 1st Avenue South, Suite 103, Seattle, WA, USA, 98134
Jones Soda Co develops, produces, markets and distributes premium beverages which the company sells and distributes in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The company's products are sold in grocery stores, convenience and gas stores, restaurants, and sandwich shops among others. Geographically, the firm generates a majority of its revenue from the United States.
Executives
Gregg Reichman director 4786 1ST AVENUE SOUTH, SUITE 103, SEATTLE WA 98134
David A. Knight officer: CEO, President C/O REGO PAYMENT ARCHITECTURES, INC., 18327 GRIDLEY ROAD, SUITE K, CERRITOS CA 90703
Ronald L Dissinger director PO BOX 3599, BATTLE CREEK MI 49016-3599
Sol Global Investments Corp. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Alex Spiro director 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Chad Bronstein director C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Mark F. Murray director, officer: President and CEO C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Robert Wesley Blair officer: Chief Marketing Officer C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Mick Fleming director C/O JONES SODA CO., 234 9TH AVE N, SEATTLE WA 98109
Jeffrey D. Anderson director 66 S. HANFORD ST., SUITE 150, SEATTLE WA 98134
Joe Culp officer: Controller, PFO,PAO C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Paul T Norman director PO BOX 3599, BATTLE CREEK MI 49016-3599
Clive M Sirkin director ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Jamie Colbourne director, officer: Acting Prin. Financial Officer C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Heavenly Rx Ltd. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X1CR