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American Green (American Green) Gross Profit : $2.80 Mil (TTM As of Jun. 2023)


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What is American Green Gross Profit?

American Green's gross profit for the six months ended in Jun. 2023 was $2.80 Mil. American Green's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $2.80 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. American Green's gross profit for the six months ended in Jun. 2023 was $2.80 Mil. American Green's Revenue for the six months ended in Jun. 2023 was $3.79 Mil. Therefore, American Green's Gross Margin % for the quarter that ended in Jun. 2023 was 73.93%.

American Green had a gross margin of 73.93% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of American Green was 73.93%. The lowest was 68.91%. And the median was 71.42%.


American Green Gross Profit Historical Data

The historical data trend for American Green'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.

American Green Gross Profit Chart

American Green Annual Data
Trend Jun22 Jun23
Gross Profit
1.53 2.80

American Green Semi-Annual Data
Jun22 Jun23
Gross Profit 1.53 2.80

Competitive Comparison of American Green's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, American Green'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.


American Green's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, American Green's Gross Profit distribution charts can be found below:

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



American Green Gross Profit Calculation

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

American Green's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=3.793 - 0.989
=2.80

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

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=3.793 - 0.989
=2.80

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 was $2.80 Mil.

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

American Green'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
=2.80 / 3.793
=73.93 %

* 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.


American Green  (OTCPK:ERBB) 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

American Green had a gross margin of 73.93% for the quarter that ended in Jun. 2023 => Durable competitive advantage


American Green Gross Profit Related Terms

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American Green (American Green) Business Description

Traded in Other Exchanges
N/A
Address
30 N Gould Street, Suite R, Sheridan, WY, USA, 82801
American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.

American Green (American Green) Headlines