BCHG (Grayscale Bitcoin Cash TR BCH) Gross Profit: $59.63 Mil (TTM As of Mar. 2021)

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What is Grayscale Bitcoin Cash TR BCH Gross Profit?

Grayscale Bitcoin Cash TR BCH BCHG Gross Profit is $59.63 Mil as of Mar. 2021.

Grayscale Bitcoin Cash TR BCH's gross profit for the three months ended in Mar. 2021 was $43.35 Mil. Grayscale Bitcoin Cash TR BCH's gross profit for the trailing twelve months (TTM) ended in Mar. 2021 was $59.63 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grayscale Bitcoin Cash TR BCH's gross profit for the three months ended in Mar. 2021 was $43.35 Mil. Grayscale Bitcoin Cash TR BCH's Revenue for the three months ended in Mar. 2021 was $44.21 Mil. Therefore, Grayscale Bitcoin Cash TR BCH's Gross Margin % for the quarter that ended in Mar. 2021 was 98.06%.

Grayscale Bitcoin Cash TR BCH had a gross margin of 98.06% for the quarter that ended in Mar. 2021 => Durable competitive advantage

Grayscale Bitcoin Cash TR BCH  (OTCPK:BCHG) 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

Grayscale Bitcoin Cash TR BCH had a gross margin of 98.06% for the quarter that ended in Mar. 2021 => Durable competitive advantage

Grayscale Bitcoin Cash TR BCH Gross Profit Related Terms

Grayscale Bitcoin Cash TR BCH Gross Profit Historical Data

* Premium members only.

The historical data trend for Grayscale Bitcoin Cash TR BCH'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.

Grayscale Bitcoin Cash TR BCH Gross Profit Chart

Grayscale Bitcoin Cash TR BCH Annual Data
Trend Jun18 Jun19 Jun20
Gross Profit
0.00 -4.95 -3.57

Grayscale Bitcoin Cash TR BCH Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Gross Profit Get a 7-Day Free Trial 0.24 -0.38 -7.02 23.67 43.35

BCHG vs : Gross Profit Comparison

For the Asset Management subindustry, Grayscale Bitcoin Cash TR BCH'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.

Grayscale Bitcoin Cash TR BCH Gross Profit vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Bitcoin Cash TR BCH's Gross Profit distribution charts can be found below:

* The bar in red indicates where Grayscale Bitcoin Cash TR BCH's Gross Profit falls into.


Grayscale Bitcoin Cash TR BCH Gross Profit Calculation

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

Grayscale Bitcoin Cash TR BCH's Gross Profit for the fiscal year that ended in Jun. 2020 is calculated as

Gross Profit (A: Jun. 2020 )=Revenue - Cost of Goods Sold
=-3.455 - 0.119
=-3.57

Grayscale Bitcoin Cash TR BCH's Gross Profit for the quarter that ended in Mar. 2021 is calculated as

Gross Profit (Q: Mar. 2021 )=Revenue - Cost of Goods Sold
=44.21 - 0.859
=43.35

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.63 Mil.

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

Grayscale Bitcoin Cash TR BCH's Gross Margin % for the quarter that ended in Mar. 2021 is calculated as

Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=43.35 / 44.21
=98.06 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $59.63 Mil mean?
Grayscale Bitcoin Cash TR BCH (BCHG) has a Gross Profit of $59.63 Mil as of Mar. 2021. Gross Profit equals net sales less total cost of goods sold. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors.
Is Grayscale Bitcoin Cash TR BCH's Gross Profit too high?
Grayscale Bitcoin Cash TR BCH's current Gross Profit is $59.63 Mil.
How does Grayscale Bitcoin Cash TR BCH's Gross Profit compare to ?
Grayscale Bitcoin Cash TR BCH's Gross Profit of $59.63 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Asset Management company?
A good Gross Profit depends on the Asset Management industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors. Grayscale Bitcoin Cash TR BCH's current Gross Profit is $59.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Bitcoin Cash TR BCH stock overvalued right now?
Grayscale Bitcoin Cash TR BCH (BCHG) has a current Gross Profit of $59.63 Mil. The current Gross Profit is $59.63 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Grayscale Bitcoin Cash TR BCH (BCHG), the current Gross Profit is $59.63 Mil as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grayscale Bitcoin Cash TR BCH Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Bitcoin Cash TR BCH provides platform for digital currency investing. It provides investment products like single-asset, diversified, large cap funds, and others. The company operates as a digital currency asset manager.