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FirsTime Design (FirsTime Design) Gross Profit : $1.66 Mil (TTM As of Dec. 2012)


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What is FirsTime Design Gross Profit?

FirsTime Design's gross profit for the three months ended in Dec. 2012 was $0.44 Mil. FirsTime Design's gross profit for the trailing twelve months (TTM) ended in Dec. 2012 was $1.66 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FirsTime Design's gross profit for the three months ended in Dec. 2012 was $0.44 Mil. FirsTime Design's Revenue for the three months ended in Dec. 2012 was $2.61 Mil. Therefore, FirsTime Design's Gross Margin % for the quarter that ended in Dec. 2012 was 17.01%.

FirsTime Design had a gross margin of 17.01% for the quarter that ended in Dec. 2012 => No sustainable competitive advantage


FirsTime Design Gross Profit Historical Data

The historical data trend for FirsTime Design'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.

FirsTime Design Gross Profit Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 1.99 1.37 0.97 1.66

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.21 0.41 0.43 0.38 0.44

Competitive Comparison of FirsTime Design's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, FirsTime Design'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.


FirsTime Design's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FirsTime Design's Gross Profit distribution charts can be found below:

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



FirsTime Design Gross Profit Calculation

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

FirsTime Design's Gross Profit for the fiscal year that ended in Dec. 2012 is calculated as

Gross Profit (A: Dec. 2012 )=Revenue - Cost of Goods Sold
=7.646 - 5.989
=1.66

FirsTime Design's Gross Profit for the quarter that ended in Dec. 2012 is calculated as

Gross Profit (Q: Dec. 2012 )=Revenue - Cost of Goods Sold
=2.61 - 2.166
=0.44

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.66 Mil.

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

FirsTime Design's Gross Margin % for the quarter that ended in Dec. 2012 is calculated as

Gross Margin % (Q: Dec. 2012 )=Gross Profit (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.44 / 2.61
=17.01 %

* 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.


FirsTime Design  (OTCPK:FTDL) 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

FirsTime Design had a gross margin of 17.01% for the quarter that ended in Dec. 2012 => No sustainable competitive advantage


FirsTime Design Gross Profit Related Terms

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FirsTime Design (FirsTime Design) Business Description

Traded in Other Exchanges
N/A
Address
W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.
Executives
Thomas G Berlin 10 percent owner 37500 EAGLE ROAD, WILLOGHBY HILLS OH 44094
Douglas M Schosser director 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306

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