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CLNV (Clean Vision) Gross Profit : $0.09 Mil (TTM As of Sep. 2024)


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What is Clean Vision Gross Profit?

Clean Vision's gross profit for the three months ended in Sep. 2024 was $0.03 Mil. Clean Vision's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $0.09 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Clean Vision's gross profit for the three months ended in Sep. 2024 was $0.03 Mil. Clean Vision's Revenue for the three months ended in Sep. 2024 was $0.04 Mil. Therefore, Clean Vision's Gross Margin % for the quarter that ended in Sep. 2024 was 94.29%.

Clean Vision had a gross margin of 94.29% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Clean Vision was 63.42%. The lowest was 39.31%. And the median was 46.12%.


Clean Vision Gross Profit Historical Data

The historical data trend for Clean Vision'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.

Clean Vision Gross Profit Chart

Clean Vision Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1.22 - - - 0.16

Clean Vision Quarterly Data
Dec10 Mar11 Jun11 Sep11 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 0.04 - 0.05 0.01 0.03

Competitive Comparison of Clean Vision's Gross Profit

For the Utilities - Renewable subindustry, Clean Vision'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.


Clean Vision's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clean Vision's Gross Profit distribution charts can be found below:

* The bar in red indicates where Clean Vision's Gross Profit falls into.



Clean Vision Gross Profit Calculation

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

Clean Vision'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
=0.257 - 0.094
=0.16

Clean Vision's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0.035 - 0.002
=0.03

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 $0.09 Mil.

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

Clean Vision'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
=0.03 / 0.035
=94.29 %

* 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.


Clean Vision  (OTCPK:CLNV) 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

Clean Vision had a gross margin of 94.29% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Clean Vision Gross Profit Related Terms

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Clean Vision Business Description

Traded in Other Exchanges
N/A
Address
2711 N. Sepulveda Boulevard, Suite 1051, Manhattan Beach, CA, USA, 90266
Clean Vision Corp is a new entrant in the clean energy and waste-to-energy industries focused on clean technology and sustainability opportunities. It is focused on providing a solution to the plastic waste problem by recycling the waste and converting it into saleable byproducts, such as hydrogen and other clean-burning fuels. Using a technology known as pyrolysis, which heats the feedstock at high temperatures in the absence of oxygen so that the material does not burn, It is able to turn the feedstock into (i) clean fuels, (ii) clean hydrogen and (iii) carbon black or char.
Executives
Jukun Huang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Feng Gu director, officer: Chief Executive Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Shubin Wang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Yan Zheng officer: Chief Financial Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Liming Gong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Laifu Zhong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Xun Yuan director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620

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