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Grounded People Apparel (STU:K1G) Gross Profit : €0.06 Mil (TTM As of Nov. 2024)


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What is Grounded People Apparel Gross Profit?

Grounded People Apparel's gross profit for the three months ended in Nov. 2024 was €0.01 Mil. Grounded People Apparel's gross profit for the trailing twelve months (TTM) ended in Nov. 2024 was €0.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grounded People Apparel's gross profit for the three months ended in Nov. 2024 was €0.01 Mil. Grounded People Apparel's Revenue for the three months ended in Nov. 2024 was €0.02 Mil. Therefore, Grounded People Apparel's Gross Margin % for the quarter that ended in Nov. 2024 was 68.75%.

Grounded People Apparel had a gross margin of 68.75% for the quarter that ended in Nov. 2024 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Grounded People Apparel was 41.43%. The lowest was -146.28%. And the median was -55.35%.


Grounded People Apparel Gross Profit Historical Data

The historical data trend for Grounded People Apparel'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.

Grounded People Apparel Gross Profit Chart

Grounded People Apparel Annual Data
Trend Feb23 Feb24
Gross Profit
-0.12 0.01

Grounded People Apparel Quarterly Data
Aug21 Nov21 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.02 0.03 0.01

Competitive Comparison of Grounded People Apparel's Gross Profit

For the Footwear & Accessories subindustry, Grounded People Apparel'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.


Grounded People Apparel's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grounded People Apparel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Grounded People Apparel's Gross Profit falls into.


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Grounded People Apparel Gross Profit Calculation

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

Grounded People Apparel's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Gross Profit (A: Feb. 2024 )=Revenue - Cost of Goods Sold
=0.041 - 0.027
=0.01

Grounded People Apparel's Gross Profit for the quarter that ended in Nov. 2024 is calculated as

Gross Profit (Q: Nov. 2024 )=Revenue - Cost of Goods Sold
=0.016 - 0.005
=0.01

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.06 Mil.

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

Grounded People Apparel's Gross Margin % for the quarter that ended in Nov. 2024 is calculated as

Gross Margin % (Q: Nov. 2024 )=Gross Profit (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.01 / 0.016
=68.75 %

* 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.


Grounded People Apparel  (STU:K1G) 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

Grounded People Apparel had a gross margin of 68.75% for the quarter that ended in Nov. 2024 => Durable competitive advantage


Grounded People Apparel Gross Profit Related Terms

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Grounded People Apparel Business Description

Traded in Other Exchanges
Address
800 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Grounded People Apparel Inc is primarily engaged in the business of fair trade, sustainable and earth-conscious fashion. The Company's initial focus is on the design and production of shoes, and more specifically, high-top and low-cut canvassed sneakers.

Grounded People Apparel Headlines

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