FLXT (Flexpoint Sensor Systems) Gross Profit: $0.13 Mil (TTM As of Sep. 2024)

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What is Flexpoint Sensor Systems Gross Profit?

Flexpoint Sensor Systems FLXT Gross Profit is $0.13 Mil as of Sep. 2024.

Flexpoint Sensor Systems's gross profit for the three months ended in Sep. 2024 was $0.05 Mil. Flexpoint Sensor Systems's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $0.13 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Flexpoint Sensor Systems's gross profit for the three months ended in Sep. 2024 was $0.05 Mil. Flexpoint Sensor Systems's Revenue for the three months ended in Sep. 2024 was $0.05 Mil. Therefore, Flexpoint Sensor Systems's Gross Margin % for the quarter that ended in Sep. 2024 was 86.54%.

Flexpoint Sensor Systems had a gross margin of 86.54% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Flexpoint Sensor Systems  (OTCPK:FLXT) 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

Flexpoint Sensor Systems had a gross margin of 86.54% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Flexpoint Sensor Systems Gross Profit Related Terms


Flexpoint Sensor Systems Gross Profit Historical Data

* Premium members only.

The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems Gross Profit Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.06 0.18 0.12 0.07

Flexpoint Sensor Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 0.01 0.02 0.01 0.05 0.05

FLXT vs AKTSQ, ELST, GRMN: Gross Profit Comparison

For the Scientific & Technical Instruments subindustry, Flexpoint Sensor Systems'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.


Flexpoint Sensor Systems Gross Profit vs Hardware Industry

For the Hardware industry and Technology sector, Flexpoint Sensor Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Flexpoint Sensor Systems's Gross Profit falls into.



Flexpoint Sensor Systems Gross Profit Calculation

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

Flexpoint Sensor Systems'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
=0.106 - 0.034
=0.07

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0.052 - 0.007
=0.05

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 $0.13 Mil.

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

Flexpoint Sensor Systems'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
=0.05 / 0.052
=86.54 %

* 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 $0.13 Mil mean?
Flexpoint Sensor Systems (FLXT) has a Gross Profit of $0.13 Mil as of Sep. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Flexpoint Sensor Systems and its competitors.
Is Flexpoint Sensor Systems' Gross Profit too high?
Flexpoint Sensor Systems' current Gross Profit is $0.13 Mil.
How does Flexpoint Sensor Systems' Gross Profit compare to AKTSQ and ELST?
Flexpoint Sensor Systems' Gross Profit of $0.13 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Gross Profit depends on the Hardware 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 Flexpoint Sensor Systems and its competitors. Flexpoint Sensor Systems's current Gross Profit is $0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexpoint Sensor Systems stock overvalued right now?
Flexpoint Sensor Systems (FLXT) has a current Gross Profit of $0.13 Mil. The current Gross Profit is $0.13 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 Flexpoint Sensor Systems (FLXT), the current Gross Profit is $0.13 Mil as of Sep. 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.

Flexpoint Sensor Systems Business Description

Address 5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures, and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor and USB Bend Sensor Kit.