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Jushi Holdings (XCNQ:JUSH) Gross Profit : C$162.5 Mil (TTM As of Dec. 2024)


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What is Jushi Holdings Gross Profit?

Jushi Holdings's gross profit for the three months ended in Dec. 2024 was C$36.2 Mil. Jushi Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was C$162.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jushi Holdings's gross profit for the three months ended in Dec. 2024 was C$36.2 Mil. Jushi Holdings's Revenue for the three months ended in Dec. 2024 was C$93.8 Mil. Therefore, Jushi Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 38.58%.

Jushi Holdings had a gross margin of 38.58% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Jushi Holdings was 47.47%. The lowest was 33.59%. And the median was 43.14%.


Jushi Holdings Gross Profit Historical Data

The historical data trend for Jushi Holdings'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.

Jushi Holdings Gross Profit Chart

Jushi Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.11 106.74 129.71 155.93 168.55

Jushi Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.52 43.76 44.63 37.93 36.20

Competitive Comparison of Jushi Holdings's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi Holdings'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.


Jushi Holdings's Gross Profit Distribution in the Drug Manufacturers Industry

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

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


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Jushi Holdings Gross Profit Calculation

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

Jushi Holdings's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=366.896 - 198.35
=168.5

Jushi Holdings's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=93.831 - 57.632
=36.2

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$162.5 Mil.

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

Jushi Holdings's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=36.2 / 93.831
=38.58 %

* 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.


Jushi Holdings  (XCNQ:JUSH) 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

Jushi Holdings had a gross margin of 38.58% for the quarter that ended in Dec. 2024 => Competition eroding margins


Jushi Holdings Gross Profit Related Terms

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Jushi Holdings Business Description

Traded in Other Exchanges
Address
301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431
Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator engaged in retail, distribution, cultivation, and processing in both medical and adult-use markets. The company operates a diverse portfolio of branded cannabis and hemp-derived assets built upon opportunistic acquisitions, distressed deals, and competitive applications. Its products are offered through brands like Hijinks, The Bank, The Lab, Seche, and Tasteology, among others. The company distributes its products through various retail dispensaries, including Nature's Remedy, Beyond Hello, and NuLeaf, and also operates an e-commerce platform called The Jushi Shop, offering branded apparel, accessories, and other products of its different brands. All of its revenues are generated within the United States.

Jushi Holdings Headlines

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