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One World Products (One World Products) Gross Profit : $-0.17 Mil (TTM As of Dec. 2023)


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What is One World Products Gross Profit?

One World Products's gross profit for the three months ended in Dec. 2023 was $-0.17 Mil. One World Products's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.17 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. One World Products's gross profit for the three months ended in Dec. 2023 was $-0.17 Mil. One World Products's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, One World Products's Gross Margin % for the quarter that ended in Dec. 2023 was %.

One World Products had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of One World Products was 50.00%. The lowest was -2075.00%. And the median was -106.95%.


One World Products Gross Profit Historical Data

The historical data trend for One World Products'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.

One World Products Gross Profit Chart

One World Products Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.05 0.02 -0.18 -0.17

One World Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.20 - - 0.01 -0.17

Competitive Comparison of One World Products's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, One World Products'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.


One World Products's Gross Profit Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where One World Products's Gross Profit falls into.



One World Products Gross Profit Calculation

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

One World Products'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
=0.008 - 0.174
=-0.17

One World Products's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0.172
=-0.17

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.17 Mil.

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

One World Products'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.17 / 0
= %

* 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.


One World Products  (OTCPK:OWPC) 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

One World Products had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


One World Products Gross Profit Related Terms

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One World Products (One World Products) Business Description

Traded in Other Exchanges
N/A
Address
6605 Grand Montecito Parkway, Suite 100, Las Vegas, NV, USA, 89118
One World Products Inc along with its subsidiaries is engaged in the cultivation, production, and distribution of raw cannabis and hemp plant ingredients for both medical and industrial uses. It focuses on cultivating, processing, and supplying cannabis oil, distillate, and isolate to customer's specifications.
Executives
Sommer Joerg Herman Walter officer: President RHEINSTR. 50, BONN 2M 53179
Terry Lynn Buffalo director 3063 BRIGHTON BLVD, #918, DENVER CO 80216
Timothy Woods officer: Chief Financial Officer 8191 QUINN TERRACE, VIENNA VA 22180
Vahe Gabriel officer: CFO and COO 808 BRICKELL KEY DRIVE, APT. # 1106, MIAMI FL 33131
Isiah Iii Thomas director, officer: CEO and Vice Chairman TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Craig Ellins director, officer: CEO and CFO 3035 EAST PATRICK LANE, SUITE 9, LAS VEGAS NV 89120
Lei Wang director, 10 percent owner, officer: CEO & CFO 2609 MONTE CRESTA DRIVE, BELMONT CA 94002

One World Products (One World Products) Headlines

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