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NoFire Technologies (NoFire Technologies) Gross Profit

: $0.40 Mil (TTM As of May. 2010)
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NoFire Technologies's gross profit for the three months ended in May. 2010 was $0.10 Mil. NoFire Technologies's gross profit for the trailing twelve months (TTM) ended in May. 2010 was $0.40 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NoFire Technologies's gross profit for the three months ended in May. 2010 was $0.10 Mil. NoFire Technologies's Revenue for the three months ended in May. 2010 was $0.28 Mil. Therefore, NoFire Technologies's Gross Margin % for the quarter that ended in May. 2010 was 35.94%.

NoFire Technologies had a gross margin of 35.94% for the quarter that ended in May. 2010 => Competition eroding margins


NoFire Technologies Gross Profit Historical Data

The historical data trend for NoFire Technologies'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.

NoFire Technologies Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.17 0.54 0.43 0.39

NoFire Technologies Quarterly Data
Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 -0.01 0.20 0.10

Competitive Comparison

For the Specialty Chemicals subindustry, NoFire Technologies'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.


NoFire Technologies Gross Profit Distribution

For the Chemicals industry and Basic Materials sector, NoFire Technologies's Gross Profit distribution charts can be found below:

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



NoFire Technologies Gross Profit Calculation

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

NoFire Technologies's Gross Profit for the fiscal year that ended in Aug. 2009 is calculated as

Gross Profit (A: Aug. 2009 )=Revenue - Cost of Goods Sold
=0.877 - 0.483
=0.39

NoFire Technologies's Gross Profit for the quarter that ended in May. 2010 is calculated as

Gross Profit (Q: May. 2010 )=Revenue - Cost of Goods Sold
=0.281 - 0.18
=0.10

Gross Profit for the trailing twelve months (TTM) ended in May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.40 Mil.

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

NoFire Technologies's Gross Margin % for the quarter that ended in May. 2010 is calculated as

Gross Margin % (Q: May. 2010 )=Gross Profit (Q: May. 2010 ) / Revenue (Q: May. 2010 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.10 / 0.281
=35.94 %

* 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.


NoFire Technologies  (OTCPK:NFTI) 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

NoFire Technologies had a gross margin of 35.94% for the quarter that ended in May. 2010 => Competition eroding margins


NoFire Technologies Gross Profit Related Terms

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NoFire Technologies (NoFire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 James Street, South Hackensack, NJ, USA, 07606
NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.
Executives
Andrew H Tisch 10 percent owner 667 MADISON AVE, NEW YORK NY 10021-8087

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