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Sprout Tiny Homes (Sprout Tiny Homes) Gross Profit : $0.55 Mil (TTM As of Mar. 2023)


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What is Sprout Tiny Homes Gross Profit?

Sprout Tiny Homes's gross profit for the three months ended in Mar. 2023 was $0.10 Mil. Sprout Tiny Homes's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $0.55 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sprout Tiny Homes's gross profit for the three months ended in Mar. 2023 was $0.10 Mil. Sprout Tiny Homes's Revenue for the three months ended in Mar. 2023 was $1.25 Mil. Therefore, Sprout Tiny Homes's Gross Margin % for the quarter that ended in Mar. 2023 was 8.07%.

Sprout Tiny Homes had a gross margin of 8.07% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Sprout Tiny Homes Gross Profit Historical Data

The historical data trend for Sprout Tiny Homes'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.

Sprout Tiny Homes Gross Profit Chart

Sprout Tiny Homes Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.23 -0.25 - 0.51

Sprout Tiny Homes Quarterly Data
Dec06 Mar07 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.02 0.60 -0.08 -0.07 0.10

Competitive Comparison of Sprout Tiny Homes's Gross Profit

For the Residential Construction subindustry, Sprout Tiny Homes'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.


Sprout Tiny Homes's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sprout Tiny Homes's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sprout Tiny Homes's Gross Profit falls into.



Sprout Tiny Homes Gross Profit Calculation

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

Sprout Tiny Homes'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
=8.351 - 7.839
=0.51

Sprout Tiny Homes's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=1.252 - 1.151
=0.10

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.55 Mil.

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

Sprout Tiny Homes's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.10 / 1.252
=8.07 %

* 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.


Sprout Tiny Homes  (OTCPK:STHI) 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

Sprout Tiny Homes had a gross margin of 8.07% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Sprout Tiny Homes Gross Profit Related Terms

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Sprout Tiny Homes (Sprout Tiny Homes) Business Description

Traded in Other Exchanges
N/A
Address
822 Hays Circle, Longmont, CO, USA, 80504
Sprout Tiny Homes Inc is in the business of designing, developing, and manufacturing the highest quality affordable housing for individual purchases or tiny/eco-home real estate developments. The company is also engaged in developing its real estate development projects for sustainable living communities. It provides consulting and custom design services to customers that engage the company to build homes.
Executives
J2 Family Lp director, 10 percent owner, officer: CEO 1507 CAPITAL AVENUE 101, PLANO TX 75074
John Edward Rea director, 10 percent owner, officer: CEO
Jaavbr Lp director, 10 percent owner, officer: COO 1507 CAPITAL AVENUE 101, PLANO TX 75074
Bruce Arthur Hall officer: CFO 836 BLUE JAY LANE, COPPELL TX 75019
J Kenneth Dunn director 13760 NOEL ROAD, SUITE 800, DALLAS TX 75229
John N Brobjorg officer: Corporate Controller 1467 LEMAY, SUITE 111, CARROLLTON TX 75007
Rea Brothers Ltd 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Rea Capital Corp 10 percent owner PO BOX 770, ADDISON TX 75001-0770
Marketplace Crafters 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Michael A Jenkins director 1221 RIVERBEND DRIVE SUITE 120, DALLAS TX 75247
Paul S Johnson director 10254 CARRYBACK CIRCLE, DALLAS TX 75229
Edward P Rea director, 10 percent owner
James A Rea director, 10 percent owner, officer: COO 644 QUAIL LANE, COPPELL TX 75019
James A Estill 10 percent owner C/O SYNNEX CORPORATION, 44201 NOBEL DRIVE, FREMONT CA 94538
Kevin L Dahlberg officer: SVP-Finance 7031 INWOOD ROAD, DALLAS TX 75209