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Aleafia Health (HAM:ARAH) Gross Profit : €5.50 Mil (TTM As of Mar. 2023)


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What is Aleafia Health Gross Profit?

Aleafia Health's gross profit for the three months ended in Mar. 2023 was €-1.35 Mil. Aleafia Health's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was €5.50 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aleafia Health's gross profit for the three months ended in Mar. 2023 was €-1.35 Mil. Aleafia Health's Revenue for the three months ended in Mar. 2023 was €6.41 Mil. Therefore, Aleafia Health's Gross Margin % for the quarter that ended in Mar. 2023 was -21.07%.

Aleafia Health had a gross margin of -21.07% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Aleafia Health Gross Profit Historical Data

The historical data trend for Aleafia Health'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.

Aleafia Health Gross Profit Chart

Aleafia Health Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Oct17 Dec18 Dec19 Dec20 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.82 14.20 -9.59 4.10

Aleafia Health Quarterly Data
Oct17 Jan18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 Mar23
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 -0.07 4.22 11.84 -9.21 -1.35

Competitive Comparison of Aleafia Health's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Aleafia Health'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.


Aleafia Health's Gross Profit Distribution in the Drug Manufacturers Industry

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

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



Aleafia Health Gross Profit Calculation

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

Aleafia Health's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=29.247 - 25.152
=4.10

Aleafia Health's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=6.412 - 7.763
=-1.35

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.50 Mil.

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

Aleafia Health's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1.35 / 6.412
=-21.07 %

* 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.


Aleafia Health  (HAM:ARAH) 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

Aleafia Health had a gross margin of -21.07% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Aleafia Health Gross Profit Related Terms

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Aleafia Health (HAM:ARAH) Business Description

Traded in Other Exchanges
N/A
Address
85 Basaltic Road, Concord, ON, CAN, L4K 1G4
Aleafia Health Inc is a vertically integrated cannabis health and wellness company which owns three cannabis product and cultivation facilities where it produces a diverse portfolio of commercially high-margin derivative products including oils, capsules and sprays. The company operates national network of medical cannabis clinics and has seen over 60,000 patients to date.

Aleafia Health (HAM:ARAH) Headlines

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