VRTHF (Indigenous Bloom Hemp) Gross Profit: $-0.12 Mil (TTM As of Feb. 2023)

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What is Indigenous Bloom Hemp Gross Profit?

Indigenous Bloom Hemp VRTHF -99.93% Gross Profit is $-0.12 Mil as of Feb. 2023.

Indigenous Bloom Hemp's gross profit for the three months ended in Feb. 2023 was $0.00 Mil. Indigenous Bloom Hemp's gross profit for the trailing twelve months (TTM) ended in Feb. 2023 was $-0.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Indigenous Bloom Hemp's gross profit for the three months ended in Feb. 2023 was $0.00 Mil. Indigenous Bloom Hemp's Revenue for the three months ended in Feb. 2023 was $0.00 Mil. Therefore, Indigenous Bloom Hemp's Gross Margin % for the quarter that ended in Feb. 2023 was N/A%.

Indigenous Bloom Hemp had a gross margin of N/A% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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

Indigenous Bloom Hemp had a gross margin of N/A% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage


Indigenous Bloom Hemp Gross Profit Related Terms


Indigenous Bloom Hemp Gross Profit Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Gross Profit Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Gross Profit
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 -0.14

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 -0.00 -0.01 -0.11 -0.00 0.00

VRTHF vs ZTS: Gross Profit Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp Gross Profit vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Gross Profit distribution charts can be found below:

* The bar in red indicates where Indigenous Bloom Hemp's Gross Profit falls into.



Indigenous Bloom Hemp Gross Profit Calculation

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

Indigenous Bloom Hemp's Gross Profit for the fiscal year that ended in May. 2022 is calculated as

Gross Profit (A: May. 2022 )=Revenue - Cost of Goods Sold
=0 - 0.137
=-0.14

Indigenous Bloom Hemp's Gross Profit for the quarter that ended in Feb. 2023 is calculated as

Gross Profit (Q: Feb. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Indigenous Bloom Hemp's Gross Margin % for the quarter that ended in Feb. 2023 is calculated as

Gross Margin % (Q: Feb. 2023 )=Gross Profit (Q: Feb. 2023 ) / Revenue (Q: Feb. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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 $-0.12 Mil mean?
Indigenous Bloom Hemp (VRTHF) has a Gross Profit of $-0.12 Mil as of Feb. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Indigenous Bloom Hemp and its competitors.
Is Indigenous Bloom Hemp's Gross Profit too high?
Indigenous Bloom Hemp's current Gross Profit is $-0.12 Mil.
How does Indigenous Bloom Hemp's Gross Profit compare to ZTS?
Indigenous Bloom Hemp's Gross Profit of $-0.12 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Gross Profit depends on the Drug Manufacturers 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 Indigenous Bloom Hemp and its competitors. Indigenous Bloom Hemp's current Gross Profit is $-0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) has a current Gross Profit of $-0.12 Mil. The current Gross Profit is $-0.12 Mil. 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 Indigenous Bloom Hemp (VRTHF), the current Gross Profit is $-0.12 Mil as of Feb. 2023. 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.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.