MVRK (Maverick Lifestyle) Gross Profit: $0.91 Mil (TTM As of Sep. 2024)

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What is Maverick Lifestyle Gross Profit?

Maverick Lifestyle MVRK Gross Profit is $0.91 Mil as of Sep. 2024.

Maverick Lifestyle's gross profit for the three months ended in Sep. 2024 was $0.50 Mil. Maverick Lifestyle's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $0.91 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Maverick Lifestyle's gross profit for the three months ended in Sep. 2024 was $0.50 Mil. Maverick Lifestyle's Revenue for the three months ended in Sep. 2024 was $0.84 Mil. Therefore, Maverick Lifestyle's Gross Margin % for the quarter that ended in Sep. 2024 was 59.48%.

Maverick Lifestyle had a gross margin of 59.48% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Maverick Lifestyle  (NAS:MVRK) 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

Maverick Lifestyle had a gross margin of 59.48% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Maverick Lifestyle Gross Profit Related Terms


Maverick Lifestyle Gross Profit Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Gross Profit Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
0.00 1.25 1.28 1.46

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.26 0.46 0.40 0.00 0.50

MVRK vs : Gross Profit Comparison

For the Tobacco subindustry, Maverick Lifestyle'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.


Maverick Lifestyle Gross Profit vs Tobacco Products Industry

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

* The bar in red indicates where Maverick Lifestyle's Gross Profit falls into.



Maverick Lifestyle Gross Profit Calculation

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

Maverick Lifestyle'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
=2.126 - 0.668
=1.46

Maverick Lifestyle's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0.844 - 0.342
=0.50

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.91 Mil.

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

Maverick Lifestyle's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.50 / 0.844
=59.48 %

* 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 $0.91 Mil mean?
Maverick Lifestyle (MVRK) has a Gross Profit of $0.91 Mil as of Sep. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Gross Profit too high?
Maverick Lifestyle's current Gross Profit is $0.91 Mil.
How does Maverick Lifestyle's Gross Profit compare to ?
Maverick Lifestyle's Gross Profit of $0.91 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current Gross Profit is $0.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Gross Profit of $0.91 Mil. The current Gross Profit is $0.91 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 Maverick Lifestyle (MVRK), the current Gross Profit is $0.91 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.