GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabist Company Holdings Inc (STU:VW5) » Definitions » Gross Profit

Cannabist Company Holdings (STU:VW5) Gross Profit : €163.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Cannabist Company Holdings Gross Profit?

Cannabist Company Holdings's gross profit for the three months ended in Sep. 2024 was €39.5 Mil. Cannabist Company Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €163.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cannabist Company Holdings's gross profit for the three months ended in Sep. 2024 was €39.5 Mil. Cannabist Company Holdings's Revenue for the three months ended in Sep. 2024 was €103.4 Mil. Therefore, Cannabist Company Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 38.17%.

Cannabist Company Holdings had a gross margin of 38.17% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Cannabist Company Holdings was 42.17%. The lowest was 25.41%. And the median was 35.20%.


Cannabist Company Holdings Gross Profit Historical Data

The historical data trend for Cannabist Company Holdings'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.

Cannabist Company Holdings Gross Profit Chart

Cannabist Company Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 17.71 51.08 171.70 189.94 165.03

Cannabist Company Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.80 40.00 39.13 44.64 39.47

Competitive Comparison of Cannabist Company Holdings's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabist Company Holdings'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.


Cannabist Company Holdings's Gross Profit Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Cannabist Company Holdings's Gross Profit falls into.



Cannabist Company Holdings Gross Profit Calculation

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

Cannabist Company Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=468.887 - 303.856
=165.0

Cannabist Company Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=103.419 - 63.946
=39.5

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €163.2 Mil.

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

Cannabist Company Holdings's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=39.5 / 103.419
=38.17 %

* 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.


Cannabist Company Holdings  (STU:VW5) 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

Cannabist Company Holdings had a gross margin of 38.17% for the quarter that ended in Sep. 2024 => Competition eroding margins


Cannabist Company Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of Cannabist Company Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Cannabist Company Holdings Business Description

Traded in Other Exchanges
Address
680 Fifth Avenue, 24th Floor, New York, NY, USA, 10019
Cannabist Company Holdings Inc is a cultivator, manufacturer, and provider of medical cannabis products and services. Some of its products are Vaporization Oil, Sublingual Tinctures, Lotions, Hard Pressed Tablets, and Suppositories, among others. The company markets its products under ClaraCeed, Seed & Starin, and Triple 777 brands among others.

Cannabist Company Holdings Headlines

No Headlines