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BFYW (Better For You Wellness) Gross Profit : $0.01 Mil (TTM As of Aug. 2024)


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What is Better For You Wellness Gross Profit?

Better For You Wellness's gross profit for the three months ended in Aug. 2024 was $0.00 Mil. Better For You Wellness's gross profit for the trailing twelve months (TTM) ended in Aug. 2024 was $0.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Better For You Wellness's gross profit for the three months ended in Aug. 2024 was $0.00 Mil. Better For You Wellness's Revenue for the three months ended in Aug. 2024 was $0.01 Mil. Therefore, Better For You Wellness's Gross Margin % for the quarter that ended in Aug. 2024 was 33.33%.

Better For You Wellness had a gross margin of 33.33% for the quarter that ended in Aug. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Better For You Wellness was 50.00%. The lowest was -63.64%. And the median was 50.00%.


Better For You Wellness Gross Profit Historical Data

The historical data trend for Better For You Wellness'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.

Better For You Wellness Gross Profit Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 0.01

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - - -

Competitive Comparison of Better For You Wellness's Gross Profit

For the Shell Companies subindustry, Better For You Wellness'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.


Better For You Wellness's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Gross Profit distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Gross Profit falls into.


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Better For You Wellness Gross Profit Calculation

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

Better For You Wellness's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Gross Profit (A: Feb. 2024 )=Revenue - Cost of Goods Sold
=0.01 - 0.005
=0.01

Better For You Wellness's Gross Profit for the quarter that ended in Aug. 2024 is calculated as

Gross Profit (Q: Aug. 2024 )=Revenue - Cost of Goods Sold
=0.006 - 0.004
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

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

Better For You Wellness's Gross Margin % for the quarter that ended in Aug. 2024 is calculated as

Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0.006
=33.33 %

* 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.


Better For You Wellness  (OTCPK:BFYW) 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

Better For You Wellness had a gross margin of 33.33% for the quarter that ended in Aug. 2024 => Competition eroding margins


Better For You Wellness Gross Profit Related Terms

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Better For You Wellness Business Description

Traded in Other Exchanges
N/A
Address
1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.

Better For You Wellness Headlines

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