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ROMJF (Rubicon Organics) Gross Profit : $11.17 Mil (TTM As of Dec. 2024)


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What is Rubicon Organics Gross Profit?

Rubicon Organics's gross profit for the three months ended in Dec. 2024 was $3.60 Mil. Rubicon Organics's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $11.17 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rubicon Organics's gross profit for the three months ended in Dec. 2024 was $3.60 Mil. Rubicon Organics's Revenue for the three months ended in Dec. 2024 was $9.97 Mil. Therefore, Rubicon Organics's Gross Margin % for the quarter that ended in Dec. 2024 was 36.16%.

Rubicon Organics had a gross margin of 36.16% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Rubicon Organics was 38.87%. The lowest was -33.94%. And the median was 19.17%.


Rubicon Organics Gross Profit Historical Data

The historical data trend for Rubicon Organics'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.

* Premium members only.

Rubicon Organics Gross Profit Chart

Rubicon Organics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only -0.52 1.18 10.16 9.80 10.82

Rubicon Organics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 1.74 2.96 2.86 3.60

Competitive Comparison of Rubicon Organics's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Rubicon Organics'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.


Rubicon Organics's Gross Profit Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Rubicon Organics's Gross Profit falls into.


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Rubicon Organics Gross Profit Calculation

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

Rubicon Organics's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=34.18 - 23.357
=10.82

Rubicon Organics's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=9.967 - 6.363
=3.60

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.17 Mil.

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

Rubicon Organics's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.60 / 9.967
=36.16 %

* 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.


Rubicon Organics  (OTCPK:ROMJF) 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

Rubicon Organics had a gross margin of 36.16% for the quarter that ended in Dec. 2024 => Competition eroding margins


Rubicon Organics Gross Profit Related Terms

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Rubicon Organics Business Description

Traded in Other Exchanges
Address
744 West Hastings Street, Unit 505, Vancouver, BC, CAN, V6C 1A5
Rubicon Organics Inc is engaged in the business of the production and sale of cannabis in Canada. The Company produces and processes organic cannabis at its wholly-owned, federally licensed facility in Delta, British Columbia which it sells under its wholly owned and other licensed brands such as Lab Theory, Wildflower, Homestead Cannabis Supply, 1964 Supply Co, and Simply Bare Organic.