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Coho Collective Kitchens (TSXV:COHO) Gross Profit : C$5.92 Mil (TTM As of Dec. 2023)


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What is Coho Collective Kitchens Gross Profit?

Coho Collective Kitchens's gross profit for the three months ended in Dec. 2023 was C$3.25 Mil. Coho Collective Kitchens's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$5.92 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coho Collective Kitchens's gross profit for the three months ended in Dec. 2023 was C$3.25 Mil. Coho Collective Kitchens's Revenue for the three months ended in Dec. 2023 was C$4.13 Mil. Therefore, Coho Collective Kitchens's Gross Margin % for the quarter that ended in Dec. 2023 was 78.60%.

Coho Collective Kitchens had a gross margin of 78.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Coho Collective Kitchens was 86.52%. The lowest was 81.30%. And the median was 86.52%.


Coho Collective Kitchens Gross Profit Historical Data

The historical data trend for Coho Collective Kitchens'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.

Coho Collective Kitchens Gross Profit Chart

Coho Collective Kitchens Annual Data
Trend Mar22 Mar23
Gross Profit
- 2.21

Coho Collective Kitchens Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.64 0.54 0.79 1.35 3.25

Competitive Comparison of Coho Collective Kitchens's Gross Profit

For the Restaurants subindustry, Coho Collective Kitchens'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.


Coho Collective Kitchens's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Coho Collective Kitchens's Gross Profit distribution charts can be found below:

* The bar in red indicates where Coho Collective Kitchens's Gross Profit falls into.



Coho Collective Kitchens Gross Profit Calculation

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

Coho Collective Kitchens's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=2.551 - 0.344
=2.21

Coho Collective Kitchens's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4.13 - 0.884
=3.25

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$5.92 Mil.

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

Coho Collective Kitchens'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
=3.25 / 4.13
=78.60 %

* 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.


Coho Collective Kitchens  (TSXV:COHO) 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

Coho Collective Kitchens had a gross margin of 78.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Coho Collective Kitchens Gross Profit Related Terms

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Coho Collective Kitchens (TSXV:COHO) Business Description

Traded in Other Exchanges
N/A
Address
1370 E. Georgia Street, Vancouver, BC, CAN, V5L 2A8
Coho Collective Kitchens Inc engages in the provision of Commercial Commissary Kitchens and the rental of these kitchens to food-based businesses in Canada. The company currently offers its services and sells its products through three main channels, commissary operations, the hospitality food service establishment (Cafe), and the e-commerce food delivery platform, CohoMarket.ca (Coho Market).

Coho Collective Kitchens (TSXV:COHO) Headlines

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