Choom Holdings (Choom Holdings) Gross Profit : $5.73 Mil (TTM As of Dec. 2021)

Choom Holdings Gross Profit Chart

Choom Holdings Annual Data
	Trend	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21
Gross Profit		Get a 7-Day Free Trial					-	-	0.08	1.66	6.66

Choom Holdings Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Gross Profit	Get a 7-Day Free Trial															1.73	1.54	1.53	1.42	1.24

Competitive Comparison of Choom Holdings's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Choom Holdings'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.

Choom Holdings's Gross Profit Distribution in the Drug Manufacturers Industry

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

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

Choom Holdings Gross Profit Calculation

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

Choom Holdings's Gross Profit for the fiscal year that ended in Jun. 2021 is calculated as

Choom Holdings's Gross Profit for the quarter that ended in Dec. 2021 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.73 Mil.

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

Choom Holdings's Gross Margin % for the quarter that ended in Dec. 2021 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.

Choom Holdings  (OTCPK:CHOOF) 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

Choom Holdings had a gross margin of 37.53% for the quarter that ended in Dec. 2021 => Competition eroding margins

Choom Holdings Gross Profit Related Terms

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Choom Holdings (Choom Holdings) Business Description