FITY (Fifty 1 Labs) Gross Profit: $0.00 Mil (TTM As of Jun. 2024)

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What is Fifty 1 Labs Gross Profit?

Fifty 1 Labs FITY -12.50% Gross Profit is $0.00 Mil as of Jun. 2024.

Fifty 1 Labs's gross profit for the six months ended in Jun. 2024 was $0.00 Mil. Fifty 1 Labs's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fifty 1 Labs's gross profit for the six months ended in Jun. 2024 was $0.00 Mil. Fifty 1 Labs's Revenue for the six months ended in Jun. 2024 was $0.00 Mil. Therefore, Fifty 1 Labs's Gross Margin % for the quarter that ended in Jun. 2024 was N/A%.

Fifty 1 Labs had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

Fifty 1 Labs  (OTCPK:FITY) 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

Fifty 1 Labs had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

Fifty 1 Labs Gross Profit Related Terms

Fifty 1 Labs Gross Profit Historical Data

* Premium members only.

The historical data trend for Fifty 1 Labs'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.

Fifty 1 Labs Gross Profit Chart

Fifty 1 Labs Annual Data
Trend Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 0.00 0.01 0.05 0.00

Fifty 1 Labs Semi-Annual Data
Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun21 Jun22 Jun23 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.95 0.00 0.01 0.05 0.00

FITY vs GRPS, KOAN, PTPI: Gross Profit Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Fifty 1 Labs'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.

Fifty 1 Labs Gross Profit vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Fifty 1 Labs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fifty 1 Labs's Gross Profit falls into.


Fifty 1 Labs Gross Profit Calculation

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

Fifty 1 Labs's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Fifty 1 Labs's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 was $0.00 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.)

Fifty 1 Labs's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $0.00 Mil mean?
Fifty 1 Labs (FITY) has a Gross Profit of $0.00 Mil as of Jun. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Fifty 1 Labs and its competitors.
Is Fifty 1 Labs' Gross Profit too high?
Fifty 1 Labs' current Gross Profit is $0.00 Mil.
How does Fifty 1 Labs' Gross Profit compare to GRPS and KOAN?
Fifty 1 Labs' Gross Profit of $0.00 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Drug Manufacturers company?
A good Gross Profit depends on the Drug Manufacturers industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Fifty 1 Labs and its competitors. Fifty 1 Labs's current Gross Profit is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fifty 1 Labs stock overvalued right now?
Fifty 1 Labs (FITY) has a current Gross Profit of $0.00 Mil. The current Gross Profit is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Fifty 1 Labs (FITY), the current Gross Profit is $0.00 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fifty 1 Labs Business Description

Address 1505 West 2nd Avenue, Suite 506, Melbourne, FL, USA, V6J 1H2
Fifty 1 Labs Inc is a holding company with subsidiaries that operate in the sports supplement, fitness equipment, and health and wellness industries, respectively. The company offers a line of supplements - including pre-workout formulas, BCAAs, ION+ Electrolyte Formula, Turmeric Gummies, and Ashwagandha Gummies - designed to enhance athletic performance, recovery, and overall health.