Live Verdure (ASX:LV1) Gross Profit : A$1.24 Mil (TTM As of Dec. 2023)

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What is Live Verdure Gross Profit?

Live Verdure's gross profit for the six months ended in Dec. 2023 was A$0.60 Mil. Live Verdure's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.24 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Live Verdure's gross profit for the six months ended in Dec. 2023 was A$0.60 Mil. Live Verdure's Revenue for the six months ended in Dec. 2023 was A$1.10 Mil. Therefore, Live Verdure's Gross Margin % for the quarter that ended in Dec. 2023 was 54.37%.

Live Verdure had a gross margin of 54.37% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Live Verdure was 76.36%. The lowest was 46.05%. And the median was 62.27%.

Live Verdure Gross Profit Historical Data

The historical data trend for Live Verdure'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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Live Verdure Gross Profit Chart

Live Verdure Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Gross Profit

0.28

1.44

1.38

Live Verdure Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial			0.65	0.80	0.74	0.64	0.60

Competitive Comparison of Live Verdure's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Live Verdure'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.

Live Verdure's Gross Profit Distribution in the Drug Manufacturers Industry

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

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

Live Verdure Gross Profit Calculation

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

Live Verdure'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
	=	2.216	-	0.836
	=	1.38

Live Verdure's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1.098	-	0.501
	=	0.60

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$1.24 Mil.

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

Live Verdure'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
	=	0.60	/	1.098
	=	54.37 %

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.

Live Verdure (ASX:LV1) 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

Live Verdure had a gross margin of 54.37% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Live Verdure Gross Profit Related Terms

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Live Verdure (ASX:LV1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Live Verdure Ltd (ASX:LV1) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

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Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

http://www.liveverdure.com.au

Live Verdure Ltd is an Australian Health, Wellness and Skincare company making a range of naturally-based products with effective active ingredients. Its products are predominantly sold Direct-to-Consumer (D2C), using the Company's websites. The Company is engaged in providing hemp-based products under 13 seeds brand name. The company focuses on development of Australian hemp food, beauty and nutraceutical products.

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