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INDVR Brands (XCNQ:IDVR) Gross Profit : C$1.45 Mil (TTM As of Oct. 2021)


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What is INDVR Brands Gross Profit?

INDVR Brands's gross profit for the three months ended in Oct. 2021 was C$0.38 Mil. INDVR Brands's gross profit for the trailing twelve months (TTM) ended in Oct. 2021 was C$1.45 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. INDVR Brands's gross profit for the three months ended in Oct. 2021 was C$0.38 Mil. INDVR Brands's Revenue for the three months ended in Oct. 2021 was C$0.38 Mil. Therefore, INDVR Brands's Gross Margin % for the quarter that ended in Oct. 2021 was N/A%.

INDVR Brands had a gross margin of N/A% for the quarter that ended in Oct. 2021 => No sustainable competitive advantage


INDVR Brands Gross Profit Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands Gross Profit Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.15

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 0.25 0.35 0.37 0.35 0.38

Competitive Comparison of INDVR Brands's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.


INDVR Brands's Gross Profit Distribution in the Drug Manufacturers Industry

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

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



INDVR Brands Gross Profit Calculation

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

INDVR Brands's Gross Profit for the fiscal year that ended in Jan. 2021 is calculated as

Gross Profit (A: Jan. 2021 )=Revenue - Cost of Goods Sold
=1.147 - 0
=1.15

INDVR Brands's Gross Profit for the quarter that ended in Oct. 2021 is calculated as

Gross Profit (Q: Oct. 2021 )=Revenue - Cost of Goods Sold
=0.378 - 0
=0.38

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.45 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.)

INDVR Brands's Gross Margin % for the quarter that ended in Oct. 2021 is calculated as

Gross Margin % (Q: Oct. 2021 )=Gross Profit (Q: Oct. 2021 ) / Revenue (Q: Oct. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.38 / 0.378
=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.


INDVR Brands  (XCNQ:IDVR) 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

INDVR Brands had a gross margin of N/A% for the quarter that ended in Oct. 2021 => No sustainable competitive advantage


INDVR Brands Gross Profit Related Terms

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INDVR Brands (XCNQ:IDVR) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

INDVR Brands (XCNQ:IDVR) Headlines

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