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MicroSalt (LSE:SALT) Gross Profit : £0.00 Mil (TTM As of Jun. 2023)


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What is MicroSalt Gross Profit?

MicroSalt's gross profit for the three months ended in Jun. 2023 was £0.00 Mil. MicroSalt's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was £0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MicroSalt's gross profit for the three months ended in Jun. 2023 was £0.00 Mil. MicroSalt's Revenue for the three months ended in Jun. 2023 was £0.00 Mil. Therefore, MicroSalt's Gross Margin % for the quarter that ended in Jun. 2023 was N/A%.

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

During the past 3 years, the highest Gross Margin % of MicroSalt was 30.92%. The lowest was -188.00%. And the median was -77.78%.


MicroSalt Gross Profit Historical Data

The historical data trend for MicroSalt'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.

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MicroSalt Gross Profit Chart

MicroSalt Annual Data
Trend Dec20 Dec21 Dec22
Gross Profit
-0.01 -0.05 0.16

MicroSalt Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23
Gross Profit - - - - -

Competitive Comparison of MicroSalt's Gross Profit

For the Packaged Foods subindustry, MicroSalt'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.


MicroSalt's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MicroSalt's Gross Profit distribution charts can be found below:

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



MicroSalt Gross Profit Calculation

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

MicroSalt's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=0.524 - 0.362
=0.16

MicroSalt's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.00 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.)

MicroSalt's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=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.


MicroSalt  (LSE:SALT) 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

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


MicroSalt Gross Profit Related Terms

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MicroSalt (LSE:SALT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
12 New Fetter Lane, London, GBR, EC4A 1JP
MicroSalt Plc is a company that has developed a patent protected and scalable manufacturing process that produces a salt crystal that is approximately hundred times smaller than traditional salt, with an average size of less than twenty microns. It allows consumers to reduce their sodium intake by half without compromising on flavor.

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