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Hestia Insight (Hestia Insight) Gross Profit : $0.12 Mil (TTM As of Feb. 2024)


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What is Hestia Insight Gross Profit?

Hestia Insight's gross profit for the three months ended in Feb. 2024 was $0.04 Mil. Hestia Insight's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $0.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hestia Insight's gross profit for the three months ended in Feb. 2024 was $0.04 Mil. Hestia Insight's Revenue for the three months ended in Feb. 2024 was $0.04 Mil. Therefore, Hestia Insight's Gross Margin % for the quarter that ended in Feb. 2024 was N/A%.

Hestia Insight had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Hestia Insight Gross Profit Historical Data

The historical data trend for Hestia Insight'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.

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Hestia Insight Gross Profit Chart

Hestia Insight Annual Data
Trend Nov22 Nov23
Gross Profit
0.02 0.11

Hestia Insight Quarterly Data
Feb22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
Gross Profit Get a 7-Day Free Trial 0.02 - 0.05 0.04 0.04

Competitive Comparison of Hestia Insight's Gross Profit

For the Software - Application subindustry, Hestia Insight'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.


Hestia Insight's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Hestia Insight's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hestia Insight's Gross Profit falls into.



Hestia Insight Gross Profit Calculation

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

Hestia Insight's Gross Profit for the fiscal year that ended in Nov. 2023 is calculated as

Gross Profit (A: Nov. 2023 )=Revenue - Cost of Goods Sold
=0.113 - 0
=0.11

Hestia Insight's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=0.038 - 0
=0.04

Gross Profit for the trailing twelve months (TTM) ended in Feb. 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. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Hestia Insight's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.04 / 0.038
=N/A %

* 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.


Hestia Insight  (OTCPK:HSTA) 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

Hestia Insight had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Hestia Insight Gross Profit Related Terms

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Hestia Insight (Hestia Insight) Business Description

Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 500, Las Vegas, NV, USA, 89101
Hestia Insight Inc provides strategic consulting and capital market advisory services for micro, small and medium-sized companies in the healthcare, biotech and fintech sectors. It also provides access to seed capital and mezzanine funding for qualified emerging companies in these industries. The firm derives all of its revenue from consulting services.