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ESG (ESGH) Gross Profit : $0.85 Mil (TTM As of Sep. 2024)


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What is ESG Gross Profit?

ESG's gross profit for the three months ended in Sep. 2024 was $0.51 Mil. ESG's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $0.85 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ESG's gross profit for the three months ended in Sep. 2024 was $0.51 Mil. ESG's Revenue for the three months ended in Sep. 2024 was $2.24 Mil. Therefore, ESG's Gross Margin % for the quarter that ended in Sep. 2024 was 22.77%.

ESG had a gross margin of 22.77% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of ESG was 11.93%. The lowest was 0.00%. And the median was 0.00%.


ESG Gross Profit Historical Data

The historical data trend for ESG'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.

ESG Gross Profit Chart

ESG Annual Data
Trend Aug21 Aug22 Aug23
Gross Profit
- - -

ESG Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 - - -0.09 0.43 0.51

Competitive Comparison of ESG's Gross Profit

For the Farm Products subindustry, ESG'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.


ESG's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ESG's Gross Profit distribution charts can be found below:

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


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ESG Gross Profit Calculation

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

ESG's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2.235 - 1.726
=0.51

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 $0.85 Mil.

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

ESG'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
=0.51 / 2.235
=22.77 %

* 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.


ESG  (OTCPK:ESGH) 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

ESG had a gross margin of 22.77% for the quarter that ended in Sep. 2024 => Competition eroding margins


ESG Gross Profit Related Terms

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ESG Business Description

Traded in Other Exchanges
N/A
Address
523 School House Road, Kennett Square, PA, USA, 19348
Website
ESG Inc develops and operates sustainable plant-based ingredients and food production and distribution with the substantial experience of its management team, including experience and relationships in the industry of mushroom, agriculture and food in the world and the capital markets in the States. Revenue is generated by selling fresh mushrooms to authorized distributors and wholesalers mainly in Yangzi River Delta.

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