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Cann Group (STU:CVJ) Gross Profit : €8.16 Mil (TTM As of Dec. 2024)


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What is Cann Group Gross Profit?

Cann Group's gross profit for the six months ended in Dec. 2024 was €3.91 Mil. Cann Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was €8.16 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cann Group's gross profit for the six months ended in Dec. 2024 was €3.91 Mil. Cann Group's Revenue for the six months ended in Dec. 2024 was €3.91 Mil. Therefore, Cann Group's Gross Margin % for the quarter that ended in Dec. 2024 was N/A%.

Cann Group had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Cann Group was 428.93%. The lowest was 1.08%. And the median was 89.52%.


Cann Group Gross Profit Historical Data

The historical data trend for Cann Group'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.

Cann Group Gross Profit Chart

Cann Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial - 2.69 4.26 8.53 9.48

Cann Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 3.71 4.93 5.21 4.25 3.91

Competitive Comparison of Cann Group's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Cann Group'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.


Cann Group's Gross Profit Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Cann Group's Gross Profit falls into.


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Cann Group Gross Profit Calculation

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

Cann Group's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=9.483 - 0
=9.48

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=3.911 - 0
=3.91

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €8.16 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.)

Cann Group'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
=3.91 / 3.911
=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.


Cann Group  (STU:CVJ) 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

Cann Group had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Cann Group Gross Profit Related Terms

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Cann Group Business Description

Traded in Other Exchanges
Address
262-276 Lorimer Street, Ground Floor, Port Melbourne, VIC, AUS, 3207
Cann Group Ltd is engaged in the cultivation of medicinal cannabis for both medicinal and research purposes under the licenses and permits issued to the company, the development and manufacture (via third-party arrangements) of finished product formulations. Geographically, the company operates in Europe and Australia. The company derives maximum revenue from Australia.

Cann Group Headlines

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