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North Bud Farms (XCNQ:NBUD) Gross Profit : C$0.00 Mil (TTM As of Aug. 2019)


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What is North Bud Farms Gross Profit?

North Bud Farms's gross profit for the three months ended in Aug. 2019 was C$0.00 Mil. North Bud Farms's gross profit for the trailing twelve months (TTM) ended in Aug. 2019 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. North Bud Farms's gross profit for the three months ended in Aug. 2019 was C$0.00 Mil. North Bud Farms's Revenue for the three months ended in Aug. 2019 was C$0.00 Mil. Therefore, North Bud Farms's Gross Margin % for the quarter that ended in Aug. 2019 was N/A%.

North Bud Farms had a gross margin of N/A% for the quarter that ended in Aug. 2019 => No sustainable competitive advantage


North Bud Farms Gross Profit Historical Data

The historical data trend for North Bud Farms'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.

North Bud Farms Gross Profit Chart

North Bud Farms Annual Data
Trend Nov17 Nov18
Gross Profit
- -

North Bud Farms Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Gross Profit Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of North Bud Farms's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, North Bud Farms'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.


North Bud Farms's Gross Profit Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where North Bud Farms's Gross Profit falls into.



North Bud Farms Gross Profit Calculation

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

North Bud Farms's Gross Profit for the fiscal year that ended in Nov. 2018 is calculated as

Gross Profit (A: Nov. 2018 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

North Bud Farms's Gross Profit for the quarter that ended in Aug. 2019 is calculated as

Gross Profit (Q: Aug. 2019 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.)

North Bud Farms's Gross Margin % for the quarter that ended in Aug. 2019 is calculated as

Gross Margin % (Q: Aug. 2019 )=Gross Profit (Q: Aug. 2019 ) / Revenue (Q: Aug. 2019 )
=(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.


North Bud Farms  (XCNQ:NBUD) 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

North Bud Farms had a gross margin of N/A% for the quarter that ended in Aug. 2019 => No sustainable competitive advantage


North Bud Farms Gross Profit Related Terms

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North Bud Farms (XCNQ:NBUD) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.
Executives
Ryan Brown Director, Senior Officer
André Audet Director, Senior Officer
Kosta Kostic Senior Officer

North Bud Farms (XCNQ:NBUD) Headlines

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