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Conifex Timber (TSX:CFF) Gross Profit : C$1.7 Mil (TTM As of Sep. 2024)


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What is Conifex Timber Gross Profit?

Conifex Timber's gross profit for the three months ended in Sep. 2024 was C$0.1 Mil. Conifex Timber's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$1.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Conifex Timber's gross profit for the three months ended in Sep. 2024 was C$0.1 Mil. Conifex Timber's Revenue for the three months ended in Sep. 2024 was C$25.2 Mil. Therefore, Conifex Timber's Gross Margin % for the quarter that ended in Sep. 2024 was 0.58%.

Conifex Timber had a gross margin of 0.58% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Conifex Timber was 28.92%. The lowest was -4.13%. And the median was 22.51%.


Conifex Timber Gross Profit Historical Data

The historical data trend for Conifex Timber'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.

Conifex Timber Gross Profit Chart

Conifex Timber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.38 28.11 72.44 65.55 -5.82

Conifex Timber 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 -1.94 0.77 2.28 -1.47 0.15

Competitive Comparison of Conifex Timber's Gross Profit

For the Lumber & Wood Production subindustry, Conifex Timber'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.


Conifex Timber's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Conifex Timber's Gross Profit distribution charts can be found below:

* The bar in red indicates where Conifex Timber's Gross Profit falls into.



Conifex Timber Gross Profit Calculation

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

Conifex Timber'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
=141.158 - 146.982
=-5.8

Conifex Timber's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=25.164 - 25.019
=0.1

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 C$1.7 Mil.

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

Conifex Timber'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
=0.1 / 25.164
=0.58 %

* 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.


Conifex Timber  (TSX:CFF) 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

Conifex Timber had a gross margin of 0.58% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Conifex Timber Gross Profit Related Terms

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Conifex Timber Business Description

Traded in Other Exchanges
Address
980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6
Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.
Executives
Kenneth A. Shields Director, Senior Officer
John Michael Costello Director
David Roberts Director
Kristen Stinson Senior Officer
Jordan Neeser Senior Officer

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