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SmartCool Systems (SmartCool Systems) Gross Profit : $1.25 Mil (TTM As of Sep. 2019)


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What is SmartCool Systems Gross Profit?

SmartCool Systems's gross profit for the three months ended in Sep. 2019 was $0.35 Mil. SmartCool Systems's gross profit for the trailing twelve months (TTM) ended in Sep. 2019 was $1.25 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SmartCool Systems's gross profit for the three months ended in Sep. 2019 was $0.35 Mil. SmartCool Systems's Revenue for the three months ended in Sep. 2019 was $0.55 Mil. Therefore, SmartCool Systems's Gross Margin % for the quarter that ended in Sep. 2019 was 63.82%.

SmartCool Systems had a gross margin of 63.82% for the quarter that ended in Sep. 2019 => Durable competitive advantage


SmartCool Systems Gross Profit Historical Data

The historical data trend for SmartCool Systems'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.

SmartCool Systems Gross Profit Chart

SmartCool Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.49 0.46 0.18 0.51

SmartCool Systems Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19
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 0.10 0.17 0.44 0.46 0.35

Competitive Comparison of SmartCool Systems's Gross Profit

For the Electrical Equipment & Parts subindustry, SmartCool Systems'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.


SmartCool Systems's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SmartCool Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where SmartCool Systems's Gross Profit falls into.



SmartCool Systems Gross Profit Calculation

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

SmartCool Systems's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )=Revenue - Cost of Goods Sold
=0.606 - 0.095
=0.51

SmartCool Systems's Gross Profit for the quarter that ended in Sep. 2019 is calculated as

Gross Profit (Q: Sep. 2019 )=Revenue - Cost of Goods Sold
=0.55 - 0.199
=0.35

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.25 Mil.

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

SmartCool Systems's Gross Margin % for the quarter that ended in Sep. 2019 is calculated as

Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.35 / 0.55
=63.82 %

* 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.


SmartCool Systems  (OTCPK:SSCFF) 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

SmartCool Systems had a gross margin of 63.82% for the quarter that ended in Sep. 2019 => Durable competitive advantage


SmartCool Systems Gross Profit Related Terms

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SmartCool Systems (SmartCool Systems) Business Description

Traded in Other Exchanges
N/A
Address
12 - 1350 W. 14th Avenue, Vancouver, BC, CAN, V6H 1R1
SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.

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