GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bang Holdings Corp (OTCPK:BXNG) » Definitions » Gross Profit

BXNG (Bang Holdings) Gross Profit : $0.26 Mil (TTM As of Jun. 2018)


View and export this data going back to 2016. Start your Free Trial

What is Bang Holdings Gross Profit?

Bang Holdings's gross profit for the three months ended in Jun. 2018 was $0.07 Mil. Bang Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2018 was $0.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bang Holdings's gross profit for the three months ended in Jun. 2018 was $0.07 Mil. Bang Holdings's Revenue for the three months ended in Jun. 2018 was $0.07 Mil. Therefore, Bang Holdings's Gross Margin % for the quarter that ended in Jun. 2018 was N/A%.

Bang Holdings had a gross margin of N/A% for the quarter that ended in Jun. 2018 => No sustainable competitive advantage


Bang Holdings Gross Profit Historical Data

The historical data trend for Bang Holdings'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.

Bang Holdings Gross Profit Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Gross Profit
- - -0.07 0.18

Bang Holdings Quarterly Data
Sep14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.04 0.06 0.08 0.05 0.07

Competitive Comparison of Bang Holdings's Gross Profit

For the Advertising Agencies subindustry, Bang Holdings'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.


Bang Holdings's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bang Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bang Holdings's Gross Profit falls into.



Bang Holdings Gross Profit Calculation

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

Bang Holdings's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )=Revenue - Cost of Goods Sold
=0.178 - 0
=0.18

Bang Holdings's Gross Profit for the quarter that ended in Jun. 2018 is calculated as

Gross Profit (Q: Jun. 2018 )=Revenue - Cost of Goods Sold
=0.066 - 0
=0.07

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.26 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Bang Holdings's Gross Margin % for the quarter that ended in Jun. 2018 is calculated as

Gross Margin % (Q: Jun. 2018 )=Gross Profit (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.07 / 0.066
=N/A %

* 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.


Bang Holdings  (OTCPK:BXNG) 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

Bang Holdings had a gross margin of N/A% for the quarter that ended in Jun. 2018 => No sustainable competitive advantage


Bang Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of Bang Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Bang Holdings Business Description

Traded in Other Exchanges
N/A
Address
1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.