KIARF (Kiaro Holdings) Gross Profit: $7.77 Mil (TTM As of Oct. 2022)

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What is Kiaro Holdings Gross Profit?

Kiaro Holdings KIARF Gross Profit is $7.77 Mil as of Oct. 2022.

Kiaro Holdings's gross profit for the three months ended in Oct. 2022 was $1.15 Mil. Kiaro Holdings's gross profit for the trailing twelve months (TTM) ended in Oct. 2022 was $7.77 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kiaro Holdings's gross profit for the three months ended in Oct. 2022 was $1.15 Mil. Kiaro Holdings's Revenue for the three months ended in Oct. 2022 was $4.20 Mil. Therefore, Kiaro Holdings's Gross Margin % for the quarter that ended in Oct. 2022 was 27.36%.

Kiaro Holdings had a gross margin of 27.36% for the quarter that ended in Oct. 2022 => Competition eroding margins


Kiaro Holdings  (OTCPK:KIARF) 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

Kiaro Holdings had a gross margin of 27.36% for the quarter that ended in Oct. 2022 => Competition eroding margins


Kiaro Holdings Gross Profit Related Terms


Kiaro Holdings Gross Profit Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings Gross Profit Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Gross Profit
4.02 6.10

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 2.33 1.98 2.31 1.15

KIARF vs WBA: Gross Profit Comparison

For the Pharmaceutical Retailers subindustry, Kiaro Holdings'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.


Kiaro Holdings Gross Profit vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kiaro Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kiaro Holdings's Gross Profit falls into.



Kiaro Holdings Gross Profit Calculation

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

Kiaro Holdings's Gross Profit for the fiscal year that ended in Jan. 2022 is calculated as

Gross Profit (A: Jan. 2022 )=Revenue - Cost of Goods Sold
=21.314 - 15.216
=6.10

Kiaro Holdings's Gross Profit for the quarter that ended in Oct. 2022 is calculated as

Gross Profit (Q: Oct. 2022 )=Revenue - Cost of Goods Sold
=4.196 - 3.048
=1.15

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.77 Mil.

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

Kiaro Holdings's Gross Margin % for the quarter that ended in Oct. 2022 is calculated as

Gross Margin % (Q: Oct. 2022 )=Gross Profit (Q: Oct. 2022 ) / Revenue (Q: Oct. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.15 / 4.196
=27.36 %

* 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 $7.77 Mil mean?
Kiaro Holdings (KIARF) has a Gross Profit of $7.77 Mil as of Oct. 2022. Gross Profit equals net sales less total cost of goods sold. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Gross Profit too high?
Kiaro Holdings' current Gross Profit is $7.77 Mil.
How does Kiaro Holdings' Gross Profit compare to WBA?
Kiaro Holdings' Gross Profit of $7.77 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Gross Profit depends on the Healthcare Providers & Services 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 Kiaro Holdings and its competitors. Kiaro Holdings's current Gross Profit is $7.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Gross Profit of $7.77 Mil. The current Gross Profit is $7.77 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 Kiaro Holdings (KIARF), the current Gross Profit is $7.77 Mil as of Oct. 2022. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.