CBIH (Cannabis Bioscience International Holdings) Gross Profit : $0.33 Mil (TTM As of Nov. 2024)

Cannabis Bioscience International Holdings Gross Profit Chart

Cannabis Bioscience International Holdings Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Gross Profit	Get a 7-Day Free Trial															0.05	0.03	0.07	0.17	0.07

Competitive Comparison of Cannabis Bioscience International Holdings's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Bioscience International 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.

Cannabis Bioscience International Holdings's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Bioscience International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cannabis Bioscience International Holdings's Gross Profit falls into.

Cannabis Bioscience International Holdings Gross Profit Calculation

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

Cannabis Bioscience International Holdings's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Cannabis Bioscience International Holdings's Gross Profit for the quarter that ended in Nov. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.33 Mil.

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

Cannabis Bioscience International Holdings's Gross Margin % for the quarter that ended in Nov. 2024 is calculated as

* 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.

Cannabis Bioscience International Holdings  (OTCPK:CBIH) 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

Cannabis Bioscience International Holdings had a gross margin of 89.19% for the quarter that ended in Nov. 2024 => Durable competitive advantage

Cannabis Bioscience International Holdings Gross Profit Related Terms

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Cannabis Bioscience International Holdings Business Description