VICA (Rafina Innovations) Gross Profit: $0.24 Mil (TTM As of Mar. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VICA Rafina Innovations Inc VICA
12 GF Score
Price $0.00
View Full Analysis

What is Rafina Innovations Gross Profit?

Rafina Innovations VICA 12 Gross Profit is $0.24 Mil as of Mar. 2019. GuruFocus rates VICA with a GF Score™ of 12/100.

Rafina Innovations's gross profit for the three months ended in Mar. 2019 was $0.05 Mil. Rafina Innovations's gross profit for the trailing twelve months (TTM) ended in Mar. 2019 was $0.24 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rafina Innovations's gross profit for the three months ended in Mar. 2019 was $0.05 Mil. Rafina Innovations's Revenue for the three months ended in Mar. 2019 was $0.05 Mil. Therefore, Rafina Innovations's Gross Margin % for the quarter that ended in Mar. 2019 was 94.25%.

Rafina Innovations had a gross margin of 94.25% for the quarter that ended in Mar. 2019 => Durable competitive advantage


Rafina Innovations  (OTCPK:VICA) 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

Rafina Innovations had a gross margin of 94.25% for the quarter that ended in Mar. 2019 => Durable competitive advantage


Rafina Innovations Gross Profit Related Terms


Rafina Innovations Gross Profit Historical Data

* Premium members only.

The historical data trend for Rafina Innovations'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.

Rafina Innovations Gross Profit Chart

Rafina Innovations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.02 0.30 0.13 0.19

Rafina Innovations Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.07 0.03 0.05 0.03 0.05

VICA vs RMSL, GTHP, DCTH: Gross Profit Comparison

For the Medical Devices subindustry, Rafina Innovations'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.


Rafina Innovations Gross Profit vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Rafina Innovations's Gross Profit distribution charts can be found below:

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


VICA
12GF Score
Rafina Innovations Inc VICA
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafina Innovations Gross Profit Calculation

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

Rafina Innovations's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=0.41268200000043 - 0.22612800000024
=0.19

Rafina Innovations's Gross Profit for the quarter that ended in Mar. 2019 is calculated as

Gross Profit (Q: Mar. 2019 )=Revenue - Cost of Goods Sold
=0.054248000000065 - 0.0031170000000038
=0.05

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 Mil.

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

Rafina Innovations's Gross Margin % for the quarter that ended in Mar. 2019 is calculated as

Gross Margin % (Q: Mar. 2019 )=Gross Profit (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.05 / 0.054248000000065
=94.25 %

* 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 $0.24 Mil mean?
Rafina Innovations (VICA) has a Gross Profit of $0.24 Mil as of Mar. 2019. Gross Profit equals net sales less total cost of goods sold. View historical data on Rafina Innovations and its competitors.
Is Rafina Innovations' Gross Profit too high?
Rafina Innovations' current Gross Profit is $0.24 Mil. Overall, Rafina Innovations has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Rafina Innovations' Gross Profit compare to RMSL and GTHP?
Rafina Innovations' Gross Profit of $0.24 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Gross Profit depends on the Medical Devices & Instruments 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 Rafina Innovations and its competitors. Rafina Innovations's current Gross Profit is $0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafina Innovations stock overvalued right now?
Rafina Innovations (VICA) has a current Gross Profit of $0.24 Mil. The current Gross Profit is $0.24 Mil. Rafina Innovations' overall GF Score™ is 12/100. 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 Rafina Innovations (VICA), the current Gross Profit is $0.24 Mil as of Mar. 2019. 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.

Rafina Innovations Business Description

Address 123 West Nye Lane, Suite 129, Carson City, NV, USA, 89706
Rafina Innovations Inc through its subsidiaries is involved in the development of monitoring technologies, set up of rehabilitation centers, development of intellectual property related to everyday fields such as healthcare, sports, automotive and gaming as well as the creation of full-service Prosthetics and Orthotics and Diabetic foot clinics chain in Europe and the Middle East. The firm's main products include Flexisense technology and Rehabilitation clinics etc. It has Clinics and Technology operating segments and derives a majority of its revenues from Clinics segment.
12GF Score

Get the complete analysis for VICA

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price