GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1933 Industries Inc (OTCPK:TGIFF) » Definitions » Gross Profit

1933 Industries (1933 Industries) Gross Profit : $1.43 Mil (TTM As of Jan. 2024)


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

What is 1933 Industries Gross Profit?

1933 Industries's gross profit for the three months ended in Jan. 2024 was $1.05 Mil. 1933 Industries's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $1.43 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. 1933 Industries's gross profit for the three months ended in Jan. 2024 was $1.05 Mil. 1933 Industries's Revenue for the three months ended in Jan. 2024 was $3.54 Mil. Therefore, 1933 Industries's Gross Margin % for the quarter that ended in Jan. 2024 was 29.62%.

1933 Industries had a gross margin of 29.62% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of 1933 Industries was 50.60%. The lowest was -3.30%. And the median was 22.43%.


1933 Industries Gross Profit Historical Data

The historical data trend for 1933 Industries'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.

1933 Industries Gross Profit Chart

1933 Industries Annual Data
Trend Dec14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 1.69 3.85 2.08 -0.46

1933 Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.04 -1.18 0.32 1.25 1.05

Competitive Comparison of 1933 Industries's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, 1933 Industries'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.


1933 Industries's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1933 Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where 1933 Industries's Gross Profit falls into.



1933 Industries Gross Profit Calculation

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

1933 Industries's Gross Profit for the fiscal year that ended in Jul. 2023 is calculated as

Gross Profit (A: Jul. 2023 )=Revenue - Cost of Goods Sold
=13.832 - 14.288
=-0.46

1933 Industries's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=3.535 - 2.488
=1.05

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.43 Mil.

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

1933 Industries's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.05 / 3.535
=29.62 %

* 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.


1933 Industries  (OTCPK:TGIFF) 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

1933 Industries had a gross margin of 29.62% for the quarter that ended in Jan. 2024 => Competition eroding margins


1933 Industries Gross Profit Related Terms

Thank you for viewing the detailed overview of 1933 Industries's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


1933 Industries (1933 Industries) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.