GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » ARCpoint Inc (TSXV:ARC) » Definitions » Gross Profit

ARCpoint (TSXV:ARC) Gross Profit : C$3.51 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is ARCpoint Gross Profit?

ARCpoint's gross profit for the three months ended in Sep. 2024 was C$1.11 Mil. ARCpoint's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$3.51 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ARCpoint's gross profit for the three months ended in Sep. 2024 was C$1.11 Mil. ARCpoint's Revenue for the three months ended in Sep. 2024 was C$1.65 Mil. Therefore, ARCpoint's Gross Margin % for the quarter that ended in Sep. 2024 was 67.09%.

ARCpoint had a gross margin of 67.09% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of ARCpoint was 78.33%. The lowest was 26.79%. And the median was 60.84%.


ARCpoint Gross Profit Historical Data

The historical data trend for ARCpoint'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.

ARCpoint Gross Profit Chart

ARCpoint Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
- 12.72 16.53 8.02 2.40

ARCpoint Quarterly Data
Dec20 Mar21 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 0.56 0.04 0.98 1.38 1.11

Competitive Comparison of ARCpoint's Gross Profit

For the Diagnostics & Research subindustry, ARCpoint'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.


ARCpoint's Gross Profit Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, ARCpoint's Gross Profit distribution charts can be found below:

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



ARCpoint Gross Profit Calculation

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

ARCpoint'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
=8.947 - 6.55
=2.40

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1.653 - 0.544
=1.11

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$3.51 Mil.

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

ARCpoint'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
=1.11 / 1.653
=67.09 %

* 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.


ARCpoint  (TSXV:ARC) 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

ARCpoint had a gross margin of 67.09% for the quarter that ended in Sep. 2024 => Durable competitive advantage


ARCpoint Gross Profit Related Terms

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


ARCpoint Business Description

Traded in Other Exchanges
N/A
Address
101 North Main Street, Suite 301, Greenville, SC, USA, 29601
ARCpoint Inc is a US-based franchise system providing drug testing, alcohol screening, DNA and clinical lab testing, corporate wellness programs, and employment and background screening, among other services. The platform also digitalizes and streamlines administrative functions such as materials purchasing, compliance, billing, and physician services for ARCpoint franchise labs and other clients.