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Strata Power (Strata Power) Gross Profit : $0.20 Mil (TTM As of Dec. 2023)


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What is Strata Power Gross Profit?

Strata Power's gross profit for the six months ended in Dec. 2023 was $0.20 Mil. Strata Power's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $0.20 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Strata Power's gross profit for the six months ended in Dec. 2023 was $0.20 Mil. Strata Power's Revenue for the six months ended in Dec. 2023 was $0.20 Mil. Therefore, Strata Power's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Strata Power had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Strata Power Gross Profit Historical Data

The historical data trend for Strata Power'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.

Strata Power Gross Profit Chart

Strata Power 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 - - 0.03 0.40 0.20

Strata Power Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 - - 0.03 0.40 0.20

Competitive Comparison of Strata Power's Gross Profit

For the Oil & Gas E&P subindustry, Strata Power'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.


Strata Power's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strata Power's Gross Profit distribution charts can be found below:

* The bar in red indicates where Strata Power's Gross Profit falls into.



Strata Power Gross Profit Calculation

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

Strata Power'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
=0.199 - 0
=0.20

Strata Power's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.199 - 0
=0.20

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was $0.20 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Strata Power'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
=0.20 / 0.199
=N/A %

* 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.


Strata Power  (OTCPK:SPOWF) 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

Strata Power had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Strata Power Gross Profit Related Terms

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Strata Power (Strata Power) Business Description

Traded in Other Exchanges
N/A
Address
500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6
Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.
Executives
Duncan Budge director 4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2