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Branchout Food (Branchout Food) Gross Margin % : -12.72% (As of Dec. 2023)


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What is Branchout Food Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Branchout Food's Gross Profit for the three months ended in Dec. 2023 was $-0.19 Mil. Branchout Food's Revenue for the three months ended in Dec. 2023 was $1.48 Mil. Therefore, Branchout Food's Gross Margin % for the quarter that ended in Dec. 2023 was -12.72%.


The historical rank and industry rank for Branchout Food's Gross Margin % or its related term are showing as below:

BOF' s Gross Margin % Range Over the Past 10 Years
Min: -22.74   Med: -6.66   Max: 1.83
Current: -3.43


During the past 4 years, the highest Gross Margin % of Branchout Food was 1.83%. The lowest was -22.74%. And the median was -6.66%.

BOF's Gross Margin % is ranked worse than
96.79% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.09 vs BOF: -3.43

Branchout Food had a gross margin of -12.72% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Branchout Food was 0.00% per year.


Branchout Food Gross Margin % Historical Data

The historical data trend for Branchout Food's Gross Margin % 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.

Branchout Food Gross Margin % Chart

Branchout Food Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
1.83 -9.92 -22.74 -3.40

Branchout Food Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -77.78 26.80 10.79 3.09 -12.72

Competitive Comparison of Branchout Food's Gross Margin %

For the Packaged Foods subindustry, Branchout Food's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Branchout Food's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Branchout Food's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Branchout Food's Gross Margin % falls into.



Branchout Food Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Branchout Food's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.1 / 2.826
=(Revenue - Cost of Goods Sold) / Revenue
=(2.826 - 2.922) / 2.826
=-3.40 %

Branchout Food'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 )
=-0.2 / 1.478
=(Revenue - Cost of Goods Sold) / Revenue
=(1.478 - 1.666) / 1.478
=-12.72 %

* 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.


Branchout Food  (NAS:BOF) Gross Margin % 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

Branchout Food had a gross margin of -12.72% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Branchout Food Gross Margin % Related Terms

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Branchout Food (Branchout Food) Business Description

Traded in Other Exchanges
N/A
Address
205 SE Davis Avenue, Suite C, Bend, OR, USA, 97702
Branchout Food inc is an international food-tech company delivering truly extraordinary natural snacks and real superfood ingredients enabled by Its new, licensed dehydration technology. BranchOut licensed the rights to a new dehydration technology designed for drying and processing sensitive fruits and vegetables such as avocados, bananas and others. Its products include BranchOut Snacks, BranchOut Powders and BranchOut Industrial Ingredients.
Executives
John Dalfonsi director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Eric Healy director, officer: CEO 205 SE DAVIS AVE, SUITE C, BEND OR 97702
David Richard Israel director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Greg Somerville director 205 SE DAVIS AVE, SUITE C, BEND OR 97702