WARM (Cool Technologies) Gross Profit: $-0.02 Mil (TTM As of Sep. 2023)

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What is Cool Technologies Gross Profit?

Cool Technologies WARM -90.00% Gross Profit is $-0.02 Mil as of Sep. 2023.

Cool Technologies's gross profit for the three months ended in Sep. 2023 was $-0.00 Mil. Cool Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cool Technologies's gross profit for the three months ended in Sep. 2023 was $-0.00 Mil. Cool Technologies's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Cool Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was %.

Cool Technologies had a gross margin of % for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Cool Technologies  (OTCPK:WARM) 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

Cool Technologies had a gross margin of % for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Cool Technologies Gross Profit Related Terms


Cool Technologies Gross Profit Historical Data

* Premium members only.

The historical data trend for Cool Technologies'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.

Cool Technologies Gross Profit Chart

Cool Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.03 -0.02 -0.02 -0.02

Cool Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.00 -0.00 -0.00 -0.00

WARM vs MJHI, PHOT, GWW: Gross Profit Comparison

For the Industrial Distribution subindustry, Cool Technologies'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.


Cool Technologies Gross Profit vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Cool Technologies's Gross Profit distribution charts can be found below:

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



Cool Technologies Gross Profit Calculation

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

Cool Technologies's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=0 - 0.019854
=-0.02

Cool Technologies's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=0 - 0.004962
=-0.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

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

Cool Technologies's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

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

* 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 $-0.02 Mil mean?
Cool Technologies (WARM) has a Gross Profit of $-0.02 Mil as of Sep. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Cool Technologies and its competitors.
Is Cool Technologies' Gross Profit too high?
Cool Technologies' current Gross Profit is $-0.02 Mil.
How does Cool Technologies' Gross Profit compare to MJHI and PHOT?
Cool Technologies' Gross Profit of $-0.02 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Gross Profit depends on the Industrial Distribution 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 Cool Technologies and its competitors. Cool Technologies's current Gross Profit is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cool Technologies stock overvalued right now?
Cool Technologies (WARM) has a current Gross Profit of $-0.02 Mil. The current Gross Profit is $-0.02 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 Cool Technologies (WARM), the current Gross Profit is $-0.02 Mil as of Sep. 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.

Cool Technologies Business Description

Address 8875 Hidden River Parkway, Suite 300, Tampa, FL, USA, 33637
Cool Technologies Inc is engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its market for products utilizing its technology includes consumer, industrial and military markets, both in the United States and across the world. The technology offered by the company includes heat dispersion technology and mobile power generation .