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Farmhouse (Farmhouse) Gross Profit : $0.01 Mil (TTM As of Sep. 2023)


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What is Farmhouse Gross Profit?

Farmhouse's gross profit for the three months ended in Sep. 2023 was $0.00 Mil. Farmhouse's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $0.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Farmhouse's gross profit for the three months ended in Sep. 2023 was $0.00 Mil. Farmhouse's Revenue for the three months ended in Sep. 2023 was $0.01 Mil. Therefore, Farmhouse's Gross Margin % for the quarter that ended in Sep. 2023 was 50.00%.

Farmhouse had a gross margin of 50.00% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Farmhouse was 60.00%. The lowest was 33.33%. And the median was 46.67%.


Farmhouse Gross Profit Historical Data

The historical data trend for Farmhouse'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.

Farmhouse Gross Profit Chart

Farmhouse Annual Data
Trend Dec00 Dec01 Apr03 Apr04 Apr05 Apr06 Apr07 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.97 6.88 0.02 - 0.01

Farmhouse Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Mar08 Jun08 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit Get a 7-Day Free Trial 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 - - - - -

Competitive Comparison of Farmhouse's Gross Profit

For the Internet Content & Information subindustry, Farmhouse'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.


Farmhouse's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Farmhouse's Gross Profit distribution charts can be found below:

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



Farmhouse Gross Profit Calculation

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

Farmhouse's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=0.01 - 0.004
=0.01

Farmhouse's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=0.006 - 0.003
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

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

Farmhouse's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0.006
=50.00 %

* 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.


Farmhouse  (OTCPK:FMHS) 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

Farmhouse had a gross margin of 50.00% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Farmhouse Gross Profit Related Terms

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Farmhouse (Farmhouse) Business Description

Traded in Other Exchanges
N/A
Address
548 Market Street, Suite 90355, San Francisco, CA, USA, 94104
Farmhouse Inc is a platform provider to the regulated cannabis industry. Its core product is the WeedClub social network platform, which allows its members to digitally network with actual vetted cannabis industry stakeholders. It serves a wide range of areas within the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others.