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Juva Life (Juva Life) Gross Profit : $0.65 Mil (TTM As of Mar. 2023)


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What is Juva Life Gross Profit?

Juva Life's gross profit for the three months ended in Mar. 2023 was $0.37 Mil. Juva Life's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $0.65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Juva Life's gross profit for the three months ended in Mar. 2023 was $0.37 Mil. Juva Life's Revenue for the three months ended in Mar. 2023 was $1.73 Mil. Therefore, Juva Life's Gross Margin % for the quarter that ended in Mar. 2023 was 21.45%.

Juva Life had a gross margin of 21.45% for the quarter that ended in Mar. 2023 => Competition eroding margins


Juva Life Gross Profit Historical Data

The historical data trend for Juva Life'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.

Juva Life Gross Profit Chart

Juva Life Annual Data
Trend Dec19 Dec20
Gross Profit
- 0.43

Juva Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.29 0.15 0.13 0.37

Competitive Comparison of Juva Life's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Juva Life'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.


Juva Life's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Juva Life's Gross Profit distribution charts can be found below:

* The bar in red indicates where Juva Life's Gross Profit falls into.



Juva Life Gross Profit Calculation

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

Juva Life'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
=0.967 - 0.539
=0.43

Juva Life's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=1.725 - 1.355
=0.37

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.65 Mil.

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

Juva Life's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.37 / 1.725
=21.45 %

* 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.


Juva Life  (OTCPK:JUVAF) 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

Juva Life had a gross margin of 21.45% for the quarter that ended in Mar. 2023 => Competition eroding margins


Juva Life Gross Profit Related Terms

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Juva Life (Juva Life) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.

Juva Life (Juva Life) Headlines

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