PlantX Life (PlantX Life) Gross Profit : $3.56 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is PlantX Life Gross Profit?

PlantX Life's gross profit for the three months ended in Dec. 2023 was $1.07 Mil. PlantX Life's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3.56 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PlantX Life's gross profit for the three months ended in Dec. 2023 was $1.07 Mil. PlantX Life's Revenue for the three months ended in Dec. 2023 was $2.41 Mil. Therefore, PlantX Life's Gross Margin % for the quarter that ended in Dec. 2023 was 44.60%.

PlantX Life had a gross margin of 44.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of PlantX Life was 42.84%. The lowest was 30.84%. And the median was 32.57%.

PlantX Life Gross Profit Historical Data

The historical data trend for PlantX Life'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.

PlantX Life Gross Profit Chart

PlantX Life Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Gross Profit

0.71

3.08

3.72

PlantX Life Quarterly Data
	Jul19	Mar20	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial											0.73	0.57	0.83	1.09	1.07

Competitive Comparison of PlantX Life's Gross Profit

For the Internet Retail subindustry, PlantX Life'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.

PlantX Life's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PlantX Life's Gross Profit distribution charts can be found below:

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

PlantX Life Gross Profit Calculation

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

PlantX Life's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	9.72	-	6.001
	=	3.72

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	2.408	-	1.334
	=	1.07

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 $3.56 Mil.

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

PlantX Life'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
	=	1.07	/	2.408
	=	44.60 %

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.

PlantX Life (OTCPK:PLTXF) 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

PlantX Life had a gross margin of 44.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

PlantX Life Gross Profit Related Terms

Thank you for viewing the detailed overview of PlantX Life's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

PlantX Life (PlantX Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PlantX Life Inc (OTCPK:PLTXF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

WNT0:Germany VEGA:Canada

Address

100 Park Royal South, Suite 504, West Vancouver, Vancouver, BC, CAN, V7T 1A2

Website

https://www.plantx.com

PlantX Life Inc is a digital-based, one-stop-shop, and distribution company with a fast-growing database with a plan to offer customers across North America. The company's operating segment includes Vegaste, PlantX Living Inc, Bloombox, Score (Squamish), Israel, Little West, Plant-Based Deli, New Deli, PlantX UK, PlantX Nevada, EH Coffee, Portfolio Coffee, and PlantX Midwest. The company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. It has a presence in the United States, United Kingdom, Canada, Israel, and Germany.