Canada House Wellness Group (Canada House Wellness Group) Gross Profit : $12.00 Mil (TTM As of Apr. 2023)

Canada House Wellness Group Gross Profit Chart

Canada House Wellness Group Annual Data
	Trend	Mar12	Mar13	Mar14	Jul15	Jul16	Apr17	Apr18	Apr19	Apr20	Apr21
Gross Profit		Get a 7-Day Free Trial					4.62	2.58	2.83	2.41	2.37

Canada House Wellness Group Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Oct22	Jan23	Apr23
Gross Profit	Get a 7-Day Free Trial															0.62	1.94	3.30	4.12	4.57

Competitive Comparison of Canada House Wellness Group's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Canada House Wellness Group'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.

Canada House Wellness Group's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canada House Wellness Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Canada House Wellness Group's Gross Profit falls into.

Canada House Wellness Group Gross Profit Calculation

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

Canada House Wellness Group's Gross Profit for the fiscal year that ended in Apr. 2021 is calculated as

Canada House Wellness Group's Gross Profit for the quarter that ended in Apr. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.00 Mil.

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

Canada House Wellness Group's Gross Margin % for the quarter that ended in Apr. 2023 is calculated as

* 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.

Canada House Wellness Group  (OTCPK:SARSF) 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

Canada House Wellness Group had a gross margin of 65.97% for the quarter that ended in Apr. 2023 => Durable competitive advantage

Canada House Wellness Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Canada House Wellness Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada House Wellness Group (Canada House Wellness Group) Business Description