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The Fresh Factory B.C. (TSXV:FRSH) Gross Profit : C$3.70 Mil (TTM As of Mar. 2024)


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What is The Fresh Factory B.C. Gross Profit?

The Fresh Factory B.C.'s gross profit for the three months ended in Mar. 2024 was C$2.18 Mil. The Fresh Factory B.C.'s gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$3.70 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The Fresh Factory B.C.'s gross profit for the three months ended in Mar. 2024 was C$2.18 Mil. The Fresh Factory B.C.'s Revenue for the three months ended in Mar. 2024 was C$11.23 Mil. Therefore, The Fresh Factory B.C.'s Gross Margin % for the quarter that ended in Mar. 2024 was 19.41%.

The Fresh Factory B.C. had a gross margin of 19.41% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of The Fresh Factory B.C. was 15.11%. The lowest was 2.79%. And the median was 6.76%.


The Fresh Factory B.C. Gross Profit Historical Data

The historical data trend for The Fresh Factory B.C.'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.

The Fresh Factory B.C. Gross Profit Chart

The Fresh Factory B.C. Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
2.48 0.74 2.12

The Fresh Factory B.C. Quarterly Data
Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 1.21 1.17 -0.86 2.18

Competitive Comparison of The Fresh Factory B.C.'s Gross Profit

For the Packaged Foods subindustry, The Fresh Factory B.C.'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.


The Fresh Factory B.C.'s Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Fresh Factory B.C.'s Gross Profit distribution charts can be found below:

* The bar in red indicates where The Fresh Factory B.C.'s Gross Profit falls into.



The Fresh Factory B.C. Gross Profit Calculation

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

The Fresh Factory B.C.'s Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=31.302 - 29.185
=2.12

The Fresh Factory B.C.'s Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=11.228 - 9.049
=2.18

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.70 Mil.

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

The Fresh Factory B.C.'s Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.18 / 11.228
=19.41 %

* 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.


The Fresh Factory B.C.  (TSXV:FRSH) 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

The Fresh Factory B.C. had a gross margin of 19.41% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


The Fresh Factory B.C. Gross Profit Related Terms

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The Fresh Factory B.C. (TSXV:FRSH) Business Description

Traded in Other Exchanges
N/A
Address
238 Tubeway Drive, Carol Stream, IL, USA, 60188
The Fresh Factory B.C. Ltd is a vertically integrated company focused on accelerating the growth of plant-based and clean-label food and beverage brands. It owns or partners with emerging brands in the plant-based food and beverage space to develop, formulate, manufacture, distribute and sell products made from fresh produce and recognizable ingredients.