TOBAF (TAAT Global Alternatives) Gross Profit: $3.12 Mil (TTM As of Jul. 2024)

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TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Gross Profit?

TAAT Global Alternatives TOBAF 10 Gross Profit is $3.12 Mil as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

TAAT Global Alternatives's gross profit for the three months ended in Jul. 2024 was $0.89 Mil. TAAT Global Alternatives's gross profit for the trailing twelve months (TTM) ended in Jul. 2024 was $3.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TAAT Global Alternatives's gross profit for the three months ended in Jul. 2024 was $0.89 Mil. TAAT Global Alternatives's Revenue for the three months ended in Jul. 2024 was $17.61 Mil. Therefore, TAAT Global Alternatives's Gross Margin % for the quarter that ended in Jul. 2024 was 5.07%.

TAAT Global Alternatives had a gross margin of 5.07% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

TAAT Global Alternatives  (OTCPK:TOBAF) 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

TAAT Global Alternatives had a gross margin of 5.07% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

TAAT Global Alternatives Gross Profit Related Terms

TAAT Global Alternatives Gross Profit Historical Data

* Premium members only.

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Gross Profit Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.05 0.73 2.73 1.95

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.32 0.51 0.90 0.82 0.89

TOBAF vs VPRB, XXII, CBDW: Gross Profit Comparison

For the Tobacco subindustry, TAAT Global Alternatives'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.

TAAT Global Alternatives Gross Profit vs Tobacco Products Industry

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

* The bar in red indicates where TAAT Global Alternatives's Gross Profit falls into.


TOBAF
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TAAT Global Alternatives Inc TOBAF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives Gross Profit Calculation

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

TAAT Global Alternatives's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=69.007 - 67.055
=1.95

TAAT Global Alternatives's Gross Profit for the quarter that ended in Jul. 2024 is calculated as

Gross Profit (Q: Jul. 2024 )=Revenue - Cost of Goods Sold
=17.605 - 16.712
=0.89

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.12 Mil.

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

TAAT Global Alternatives's Gross Margin % for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.89 / 17.605
=5.07 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $3.12 Mil mean?
TAAT Global Alternatives (TOBAF) has a Gross Profit of $3.12 Mil as of Jul. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Gross Profit too high?
TAAT Global Alternatives' current Gross Profit is $3.12 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Gross Profit compare to VPRB and XXII?
TAAT Global Alternatives' Gross Profit of $3.12 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Tobacco Products company?
A good Gross Profit depends on the Tobacco Products industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on TAAT Global Alternatives and its competitors. TAAT Global Alternatives's current Gross Profit is $3.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Gross Profit of $3.12 Mil. The current Gross Profit is $3.12 Mil. TAAT Global Alternatives' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For TAAT Global Alternatives (TOBAF), the current Gross Profit is $3.12 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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