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Invitro International (Invitro International) Gross Profit : $0.74 Mil (TTM As of Jun. 2097)


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What is Invitro International Gross Profit?

Invitro International's gross profit for the three months ended in Jun. 2097 was $0.08 Mil. Invitro International's gross profit for the trailing twelve months (TTM) ended in Jun. 2097 was $0.74 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Invitro International's gross profit for the three months ended in Jun. 2097 was $0.08 Mil. Invitro International's Revenue for the three months ended in Jun. 2097 was $0.18 Mil. Therefore, Invitro International's Gross Margin % for the quarter that ended in Jun. 2097 was 43.65%.

Invitro International had a gross margin of 43.65% for the quarter that ended in Jun. 2097 => Durable competitive advantage


Invitro International Gross Profit Historical Data

The historical data trend for Invitro International'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.

Invitro International Gross Profit Chart

Invitro International Annual Data
Trend Feb90 Feb91 Sep92 Sep93 Sep94 Sep95 Sep96
Gross Profit
Get a 7-Day Free Trial 0.80 1.10 0.90 0.50 0.60

Invitro International Quarterly Data
Sep92 Dec92 Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97
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 0.15 0.30 0.30 0.06 0.08

Competitive Comparison of Invitro International's Gross Profit

For the Diagnostics & Research subindustry, Invitro International'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.


Invitro International's Gross Profit Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Invitro International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Invitro International's Gross Profit falls into.



Invitro International Gross Profit Calculation

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

Invitro International's Gross Profit for the fiscal year that ended in Sep. 2096 is calculated as

Gross Profit (A: Sep. 2096 )=Revenue - Cost of Goods Sold
=1.1 - 0.5
=0.60

Invitro International's Gross Profit for the quarter that ended in Jun. 2097 is calculated as

Gross Profit (Q: Jun. 2097 )=Revenue - Cost of Goods Sold
=0.181 - 0.102
=0.08

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2097 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.74 Mil.

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

Invitro International's Gross Margin % for the quarter that ended in Jun. 2097 is calculated as

Gross Margin % (Q: Jun. 2097 )=Gross Profit (Q: Jun. 2097 ) / Revenue (Q: Jun. 2097 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.08 / 0.181
=43.65 %

* 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.


Invitro International  (OTCPK:IVRO) 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

Invitro International had a gross margin of 43.65% for the quarter that ended in Jun. 2097 => Durable competitive advantage


Invitro International Gross Profit Related Terms

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Invitro International (Invitro International) Business Description

Traded in Other Exchanges
N/A
Address
330 East Orangethorpe Avenue, Suite D, Placentia, CA, USA, 92870
Invitro International is a provider of non-animal testing methods. The company develops and commercializes test kits and laboratory services. Its testing technologies are designed to produce data regarding corrosivity, or ocular/dermal irritation, which correlate with animal and human test results. Its products and services include Irritection, Corrositex, and Lab Services. The company provides its products to various industries such as cosmetics, personal care, household products, textiles, pharmaceuticals, chemicals, and hazardous waste transportation. The majority of its revenue is generated from the United States and it also exports to other countries.