AquaBounty Technologies's gross profit for the
three
months ended in Mar. 2022 was $-2.31 Mil. AquaBounty Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $-10.44 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AquaBounty Technologies's gross profit for the
three
months ended in Mar. 2022 was $-2.31 Mil. AquaBounty Technologies's Revenue for the
three
months ended in Mar. 2022 was $0.96 Mil. Therefore, AquaBounty Technologies's Gross Margin % for the quarter that ended in Mar. 2022 was -240.19%.
AquaBounty Technologies had a gross margin of -240.19% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of AquaBounty Technologies was -506.25%. The lowest was -5118.75%. And the median was -2150.94%.
AquaBounty Technologies Gross Profit Historical Data
The historical data trend for AquaBounty Technologies'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.
AquaBounty Technologies Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Gross Profit
-1.14
-2.54
-3.39
-6.55
-9.61
AquaBounty Technologies Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Gross Profit
-1.48
-1.62
-3.86
-2.66
-2.31
Competitive Comparison
For the Farm Products subindustry, AquaBounty Technologies'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.
AquaBounty Technologies Gross Profit Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, AquaBounty Technologies's Gross Profit distribution charts can be found below:
* The bar in red indicates where AquaBounty Technologies's Gross Profit falls into.
AquaBounty Technologies Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
AquaBounty Technologies's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.44 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
AquaBounty Technologies's Gross Margin % for the quarter that ended in Mar. 2022 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.
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
AquaBounty Technologies had a gross margin of -240.19% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage
AquaBounty Technologies Gross Profit Related Terms
Thank you for viewing the detailed overview of AquaBounty Technologies's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.
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