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Hybrid Power Solutions (XCNQ:HPSS) Gross Profit : C$0.65 Mil (TTM As of Aug. 2024)


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What is Hybrid Power Solutions Gross Profit?

Hybrid Power Solutions's gross profit for the three months ended in Aug. 2024 was C$0.37 Mil. Hybrid Power Solutions's gross profit for the trailing twelve months (TTM) ended in Aug. 2024 was C$0.65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hybrid Power Solutions's gross profit for the three months ended in Aug. 2024 was C$0.37 Mil. Hybrid Power Solutions's Revenue for the three months ended in Aug. 2024 was C$1.04 Mil. Therefore, Hybrid Power Solutions's Gross Margin % for the quarter that ended in Aug. 2024 was 35.71%.

Hybrid Power Solutions had a gross margin of 35.71% for the quarter that ended in Aug. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Hybrid Power Solutions was 33.63%. The lowest was 16.69%. And the median was 28.84%.


Hybrid Power Solutions Gross Profit Historical Data

The historical data trend for Hybrid Power Solutions'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.

Hybrid Power Solutions Gross Profit Chart

Hybrid Power Solutions Annual Data
Trend May21 May22 May23 May24
Gross Profit
0.21 0.48 1.11 0.41

Hybrid Power Solutions Quarterly Data
May21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.15 0.17 -0.04 0.37

Competitive Comparison of Hybrid Power Solutions's Gross Profit

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.


Hybrid Power Solutions's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hybrid Power Solutions's Gross Profit falls into.



Hybrid Power Solutions Gross Profit Calculation

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

Hybrid Power Solutions's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=2.438 - 2.031
=0.41

Hybrid Power Solutions's Gross Profit for the quarter that ended in Aug. 2024 is calculated as

Gross Profit (Q: Aug. 2024 )=Revenue - Cost of Goods Sold
=1.039 - 0.668
=0.37

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.65 Mil.

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

Hybrid Power Solutions's Gross Margin % for the quarter that ended in Aug. 2024 is calculated as

Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.37 / 1.039
=35.71 %

* 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.


Hybrid Power Solutions  (XCNQ:HPSS) 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

Hybrid Power Solutions had a gross margin of 35.71% for the quarter that ended in Aug. 2024 => Competition eroding margins


Hybrid Power Solutions Gross Profit Related Terms

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Hybrid Power Solutions Business Description

Comparable Companies
Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1
Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada; Revenue is generated in three geographical markets, being Canada, United States and Netherlands.
Executives
Francois Renaud-byrne Director, Issuer, Senior Officer

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