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Omid Holdings (Omid Holdings) Gross Profit : $0.00 Mil (TTM As of . 20)


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What is Omid Holdings Gross Profit?

Omid Holdings's gross profit for the three months ended in . 20 was $0.00 Mil. Omid Holdings's gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Omid Holdings's gross profit for the three months ended in . 20 was $0.00 Mil. Omid Holdings's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Omid Holdings's Gross Margin % for the quarter that ended in . 20 was N/A%.

Omid Holdings had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Omid Holdings Gross Profit Historical Data

The historical data trend for Omid 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.

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Omid Holdings Gross Profit Chart

Omid Holdings Annual Data
Trend
Gross Profit

Omid Holdings Quarterly Data
Gross Profit

Competitive Comparison of Omid Holdings's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Omid 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.


Omid Holdings's Gross Profit Distribution in the Drug Manufacturers Industry

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

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



Omid Holdings Gross Profit Calculation

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

Omid Holdings's Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Omid Holdings's Gross Profit for the quarter that ended in . 20 is calculated as

Gross Profit (Q: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Gross Profit for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.)

Omid Holdings's Gross Margin % for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
=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.


Omid Holdings  (OTCPK:OMID) 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

Omid Holdings had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Omid Holdings Gross Profit Related Terms

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Omid Holdings (Omid Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1130 Springtown Road, Suite B, Phillipsburg, NJ, USA, 08865
Omid Holdings Inc is a health and wellness company. It is specialized in the sale and manufacture of CBD-based products. The company manufactures and sells branded inhalable, sublingual, and topical hemp-derived consumer goods. Its brands include Naturally Peaked Health, Shangri-La Life, and Peac Wellness. The company also offers design, development, manufacturing services to clients in the CBD-based cannabis industry.

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