MTL Cannabis (STU:J4E) Gross Profit : €12.78 Mil (TTM As of Sep. 2023)

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What is MTL Cannabis Gross Profit?

MTL Cannabis's gross profit for the three months ended in Sep. 2023 was €4.36 Mil. MTL Cannabis's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was €12.78 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MTL Cannabis's gross profit for the three months ended in Sep. 2023 was €4.36 Mil. MTL Cannabis's Revenue for the three months ended in Sep. 2023 was €13.16 Mil. Therefore, MTL Cannabis's Gross Margin % for the quarter that ended in Sep. 2023 was 33.13%.

MTL Cannabis had a gross margin of 33.13% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of MTL Cannabis was 65.68%. The lowest was 32.15%. And the median was 39.98%.

MTL Cannabis Gross Profit Historical Data

The historical data trend for MTL Cannabis'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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MTL Cannabis Gross Profit Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Gross Profit

3.57

10.44

5.39

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial			0.95	-	2.28	4.36	6.15

Competitive Comparison of MTL Cannabis's Gross Profit

For the Tobacco subindustry, MTL Cannabis'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.

MTL Cannabis's Gross Profit Distribution in the Tobacco Products Industry

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

* The bar in red indicates where MTL Cannabis's Gross Profit falls into.

MTL Cannabis Gross Profit Calculation

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

MTL Cannabis's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	16.771	-	11.378
	=	5.39

MTL Cannabis's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	13.161	-	8.801
	=	4.36

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €12.78 Mil.

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

MTL Cannabis's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	4.36	/	13.161
	=	33.13 %

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.

MTL Cannabis (STU:J4E) 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

MTL Cannabis had a gross margin of 33.13% for the quarter that ended in Sep. 2023 => Competition eroding margins

MTL Cannabis Gross Profit Related Terms

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MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

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