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Delota (XCNQ:NIC) Gross Profit : C$12.83 Mil (TTM As of Oct. 2023)


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What is Delota Gross Profit?

Delota's gross profit for the three months ended in Oct. 2023 was C$3.30 Mil. Delota's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was C$12.83 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Delota's gross profit for the three months ended in Oct. 2023 was C$3.30 Mil. Delota's Revenue for the three months ended in Oct. 2023 was C$8.09 Mil. Therefore, Delota's Gross Margin % for the quarter that ended in Oct. 2023 was 40.78%.

Delota had a gross margin of 40.78% for the quarter that ended in Oct. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Delota was 47.16%. The lowest was 30.17%. And the median was 45.62%.


Delota Gross Profit Historical Data

The historical data trend for Delota'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.

Delota Gross Profit Chart

Delota Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23
Gross Profit
Get a 7-Day Free Trial Premium Member Only - 0.36 0.39 7.81 12.21

Delota Quarterly Data
Dec18 Mar19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 3.34 3.03 3.08 3.41 3.30

Competitive Comparison of Delota's Gross Profit

For the Pharmaceutical Retailers subindustry, Delota'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.


Delota's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Delota's Gross Profit distribution charts can be found below:

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



Delota Gross Profit Calculation

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

Delota's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

Gross Profit (A: Jan. 2023 )=Revenue - Cost of Goods Sold
=25.938 - 13.731
=12.21

Delota's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )=Revenue - Cost of Goods Sold
=8.087 - 4.789
=3.30

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12.83 Mil.

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

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

Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.30 / 8.087
=40.78 %

* 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.


Delota  (XCNQ:NIC) 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

Delota had a gross margin of 40.78% for the quarter that ended in Oct. 2023 => Durable competitive advantage


Delota Gross Profit Related Terms

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Delota (XCNQ:NIC) Business Description

Traded in Other Exchanges
N/A
Address
7941 Jane Street, Unit 2, Concord, ON, CAN, L4K 2M7
Delota Corp is a cannabis and nicotine retailer. The company is engaged in developing retail cannabis and nicotine brands in Canada by growing its retail footprint and developing retail banners. Delota's current retail banners include Offside Cannabis and 180 Smoke.