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HYTN Innovations (FRA:85W0) Gross Margin % : 25.25% (As of Mar. 2024)


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What is HYTN Innovations Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HYTN Innovations's Gross Profit for the three months ended in Mar. 2024 was €0.03 Mil. HYTN Innovations's Revenue for the three months ended in Mar. 2024 was €0.10 Mil. Therefore, HYTN Innovations's Gross Margin % for the quarter that ended in Mar. 2024 was 25.25%.


The historical rank and industry rank for HYTN Innovations's Gross Margin % or its related term are showing as below:

FRA:85W0' s Gross Margin % Range Over the Past 10 Years
Min: 12.06   Med: 12.06   Max: 12.11
Current: 12.11


During the past 5 years, the highest Gross Margin % of HYTN Innovations was 12.11%. The lowest was 12.06%. And the median was 12.06%.

FRA:85W0's Gross Margin % is ranked worse than
94.69% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 39.88 vs FRA:85W0: 12.11

HYTN Innovations had a gross margin of 25.25% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for HYTN Innovations was 0.00% per year.


HYTN Innovations Gross Margin % Historical Data

The historical data trend for HYTN Innovations's Gross Margin % 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.

HYTN Innovations Gross Margin % Chart

HYTN Innovations Annual Data
Trend Sep19 Sep20 Jan21 Jan22 Sep23
Gross Margin %
- - - - 12.12

HYTN Innovations Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 21.62 41.40 -78.26 29.63 25.25

Competitive Comparison of HYTN Innovations's Gross Margin %

For the Beverages - Brewers subindustry, HYTN Innovations's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


HYTN Innovations's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Gross Margin % distribution charts can be found below:

* The bar in red indicates where HYTN Innovations's Gross Margin % falls into.



HYTN Innovations Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

HYTN Innovations's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=0.1 / 0.528
=(Revenue - Cost of Goods Sold) / Revenue
=(0.528 - 0.464) / 0.528
=12.12 %

HYTN Innovations's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0.099
=(Revenue - Cost of Goods Sold) / Revenue
=(0.099 - 0.074) / 0.099
=25.25 %

* 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.


HYTN Innovations  (FRA:85W0) Gross Margin % 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

HYTN Innovations had a gross margin of 25.25% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


HYTN Innovations Gross Margin % Related Terms

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HYTN Innovations (FRA:85W0) Business Description

Traded in Other Exchanges
Address
12 East 4th Avenue, Vancouver, BC, CAN, V5T 1E8
HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The Company generates revenue primarily from the sale of cannabis related products such as Cannabis - beverage sales, Cannabis - flower sales, Cannabis - edible sales. Majority revenue is generated from Cannabis - beverage sales.

HYTN Innovations (FRA:85W0) Headlines

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