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BRYFF (Bri-Chem) Gross Profit : $11.78 Mil (TTM As of Sep. 2024)


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What is Bri-Chem Gross Profit?

Bri-Chem's gross profit for the three months ended in Sep. 2024 was $2.82 Mil. Bri-Chem's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $11.78 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bri-Chem's gross profit for the three months ended in Sep. 2024 was $2.82 Mil. Bri-Chem's Revenue for the three months ended in Sep. 2024 was $16.22 Mil. Therefore, Bri-Chem's Gross Margin % for the quarter that ended in Sep. 2024 was 17.38%.

Bri-Chem had a gross margin of 17.38% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Bri-Chem was 20.27%. The lowest was 13.54%. And the median was 17.70%.


Bri-Chem Gross Profit Historical Data

The historical data trend for Bri-Chem'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.

Bri-Chem Gross Profit Chart

Bri-Chem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.46 5.73 9.57 15.52 13.96

Bri-Chem Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.62 3.18 2.83 2.96 2.82

Competitive Comparison of Bri-Chem's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Bri-Chem'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.


Bri-Chem's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bri-Chem's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bri-Chem's Gross Profit falls into.



Bri-Chem Gross Profit Calculation

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

Bri-Chem's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=79.036 - 65.075
=13.96

Bri-Chem's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=16.223 - 13.404
=2.82

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.78 Mil.

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

Bri-Chem's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.82 / 16.223
=17.38 %

* 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.


Bri-Chem  (OTCPK:BRYFF) 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

Bri-Chem had a gross margin of 17.38% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Bri-Chem Gross Profit Related Terms

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Bri-Chem Business Description

Traded in Other Exchanges
Address
27075 Acheson Road, Acheson, AB, CAN, T7X 6B1
Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. The Other segment represents insignificant segments and all remaining costs not directly attributable to an operating segment, such as corporate overhead. A majority of its revenue is derived from the distribution of fluids in the United States of America.

Bri-Chem Headlines

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