HPCO (Hempacco Co) Gross Profit: $-1.22 Mil (TTM As of Dec. 2023)

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What is Hempacco Co Gross Profit?

Hempacco Co HPCO Gross Profit is $-1.22 Mil as of Dec. 2023.

Hempacco Co's gross profit for the three months ended in Dec. 2023 was $-0.50 Mil. Hempacco Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.22 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hempacco Co's gross profit for the three months ended in Dec. 2023 was $-0.50 Mil. Hempacco Co's Revenue for the three months ended in Dec. 2023 was $2.04 Mil. Therefore, Hempacco Co's Gross Margin % for the quarter that ended in Dec. 2023 was -24.64%.

Hempacco Co had a gross margin of -24.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Hempacco Co  (OTCPK:HPCO) 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

Hempacco Co had a gross margin of -24.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Hempacco Co Gross Profit Related Terms


Hempacco Co Gross Profit Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co Gross Profit Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
-0.55 0.34 0.24 -1.22

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.40 -0.10 -0.18 -0.44 -0.50

HPCO vs PM, MO: Gross Profit Comparison

For the Tobacco subindustry, Hempacco Co'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.


Hempacco Co Gross Profit vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hempacco Co's Gross Profit falls into.



Hempacco Co Gross Profit Calculation

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

Hempacco Co'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
=4.046 - 5.262
=-1.22

Hempacco Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2.041 - 2.544
=-0.50

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.22 Mil.

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

Hempacco Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.50 / 2.041
=-24.64 %

* 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 $-1.22 Mil mean?
Hempacco Co (HPCO) has a Gross Profit of $-1.22 Mil as of Dec. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Gross Profit too high?
Hempacco Co's current Gross Profit is $-1.22 Mil.
How does Hempacco Co's Gross Profit compare to PM and MO?
Hempacco Co's Gross Profit of $-1.22 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Gross Profit depends on the Tobacco Products 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 Hempacco Co and its competitors. Hempacco Co's current Gross Profit is $-1.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Gross Profit of $-1.22 Mil. The current Gross Profit is $-1.22 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 Hempacco Co (HPCO), the current Gross Profit is $-1.22 Mil as of Dec. 2023. 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.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.