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First Hydrogen (HAM:FIT) Gross Profit : €0.00 Mil (TTM As of Dec. 2023)


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What is First Hydrogen Gross Profit?

First Hydrogen's gross profit for the three months ended in Dec. 2023 was €0.00 Mil. First Hydrogen's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Hydrogen's gross profit for the three months ended in Dec. 2023 was €0.00 Mil. First Hydrogen's Revenue for the three months ended in Dec. 2023 was €0.00 Mil. Therefore, First Hydrogen's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

First Hydrogen had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of First Hydrogen was 3.75%. The lowest was -41.72%. And the median was -18.99%.


First Hydrogen Gross Profit Historical Data

The historical data trend for First Hydrogen'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.

First Hydrogen Gross Profit Chart

First Hydrogen Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
- - -0.08 - -

First Hydrogen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 First Hydrogen's Gross Profit

For the Auto Manufacturers subindustry, First Hydrogen'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.


First Hydrogen's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, First Hydrogen's Gross Profit distribution charts can be found below:

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



First Hydrogen Gross Profit Calculation

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

First Hydrogen's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=0.109 - 0.105
=0.00

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

First Hydrogen'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
=0.00 / 0
=N/A %

* 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.


First Hydrogen  (HAM:FIT) 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

First Hydrogen had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


First Hydrogen Gross Profit Related Terms

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First Hydrogen (HAM:FIT) Business Description

Traded in Other Exchanges
Address
755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6
First Hydrogen Corp is a Vancouver Canada and London UK-based company focused on zero emission vehicles, green hydrogen production, and distribution and supercritical carbon dioxide extractor systems in in UK, EU, and North America.