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Americann (Americann) Gross Profit : $2.29 Mil (TTM As of Dec. 2023)


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What is Americann Gross Profit?

Americann's gross profit for the three months ended in Dec. 2023 was $0.48 Mil. Americann's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2.29 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Americann's gross profit for the three months ended in Dec. 2023 was $0.48 Mil. Americann's Revenue for the three months ended in Dec. 2023 was $0.48 Mil. Therefore, Americann's Gross Margin % for the quarter that ended in Dec. 2023 was 99.79%.

Americann had a gross margin of 99.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Americann was 99.87%. The lowest was 95.44%. And the median was 98.26%.


Americann Gross Profit Historical Data

The historical data trend for Americann'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.

Americann Gross Profit Chart

Americann Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.48 1.99 2.88 2.54

Americann 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 0.72 0.75 0.58 0.48 0.48

Competitive Comparison of Americann's Gross Profit

For the Real Estate Services subindustry, Americann'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.


Americann's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Americann's Gross Profit distribution charts can be found below:

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



Americann Gross Profit Calculation

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

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

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=2.552 - 0.016
=2.54

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.476 - 0.001
=0.48

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 $2.29 Mil.

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

Americann'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
=0.48 / 0.476
=99.79 %

* 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.


Americann  (OTCPK:ACAN) 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

Americann had a gross margin of 99.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Americann Gross Profit Related Terms

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Americann (Americann) Business Description

Traded in Other Exchanges
N/A
Address
1555 Blake Street, Unit 502, Denver, CO, USA, 80202
Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.
Executives
Benjamin J Barton director 1551 LARIMER ST., #2701, DENVER CO 80203
Strategic Capital Partners, Llc 10 percent owner 1550 LARIMER STREET, SUITE 264, DENVER CO 80202
Timothy Ryan Keogh director, officer: Chief Executive Officer 54 ACUSHNET ROAD, MATTAPOISETT MA 02739