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Halo Collective (Halo Collective) Gross Profit : $5.27 Mil (TTM As of Jun. 2023)


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What is Halo Collective Gross Profit?

Halo Collective's gross profit for the three months ended in Jun. 2023 was $1.83 Mil. Halo Collective's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $5.27 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Halo Collective's gross profit for the three months ended in Jun. 2023 was $1.83 Mil. Halo Collective's Revenue for the three months ended in Jun. 2023 was $3.57 Mil. Therefore, Halo Collective's Gross Margin % for the quarter that ended in Jun. 2023 was 51.33%.

Halo Collective had a gross margin of 51.33% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Halo Collective was 28.83%. The lowest was 11.05%. And the median was 16.02%.


Halo Collective Gross Profit Historical Data

The historical data trend for Halo Collective'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.

Halo Collective Gross Profit Chart

Halo Collective Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.11 4.27 4.45 5.19

Halo Collective Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.19 1.70 0.05 1.70 1.83

Competitive Comparison of Halo Collective's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Halo Collective'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.


Halo Collective's Gross Profit Distribution in the Drug Manufacturers Industry

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

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



Halo Collective Gross Profit Calculation

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

Halo Collective's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=24.539 - 19.352
=5.19

Halo Collective's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=3.569 - 1.737
=1.83

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.27 Mil.

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

Halo Collective's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.83 / 3.569
=51.33 %

* 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.


Halo Collective  (OTCPK:HCANF) 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

Halo Collective had a gross margin of 51.33% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Halo Collective Gross Profit Related Terms

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Halo Collective (Halo Collective) Business Description

Traded in Other Exchanges
N/A
Address
550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5
Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.