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GFCOF (Good Flour) Gross Profit : $-0.12 Mil (TTM As of Dec. 2024)


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What is Good Flour Gross Profit?

Good Flour's gross profit for the three months ended in Dec. 2024 was $-0.09 Mil. Good Flour's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Good Flour's gross profit for the three months ended in Dec. 2024 was $-0.09 Mil. Good Flour's Revenue for the three months ended in Dec. 2024 was $0.27 Mil. Therefore, Good Flour's Gross Margin % for the quarter that ended in Dec. 2024 was -31.97%.

Good Flour had a gross margin of -31.97% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of Good Flour was -11.88%. The lowest was -72.25%. And the median was -29.65%.


Good Flour Gross Profit Historical Data

The historical data trend for Good Flour'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.

Good Flour Gross Profit Chart

Good Flour Annual Data
Trend Jun22 Jun23 Jun24
Gross Profit
-0.10 -0.65 -0.29

Good Flour Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.04 -0.07 0.05 -0.02 -0.09

Competitive Comparison of Good Flour's Gross Profit

For the Packaged Foods subindustry, Good Flour'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.


Good Flour's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

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


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Good Flour Gross Profit Calculation

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

Good Flour'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
=0.965 - 1.251
=-0.29

Good Flour's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=0.269 - 0.355
=-0.09

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

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

Good Flour's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.09 / 0.269
=-31.97 %

* 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.


Good Flour  (OTCPK:GFCOF) 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

Good Flour had a gross margin of -31.97% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Good Flour Gross Profit Related Terms

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Good Flour Business Description

Traded in Other Exchanges
Address
5791 Sidley Street, Burnaby, BC, CAN, V5J 5E6
Good Flour Corp is engaged in manufacturing and selling gluten-free and plant-based food products. It currently offers Pizza Blends, Batter Premixes, Pancake and Waffle Blends and Gluten-Free Desserts.

Good Flour Headlines

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