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Fan Milk (XGHA:FML) Gross Profit : GHS115.9 Mil (TTM As of Dec. 2022)


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What is Fan Milk Gross Profit?

Fan Milk's gross profit for the three months ended in Dec. 2022 was GHS12.9 Mil. Fan Milk's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was GHS115.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fan Milk's gross profit for the three months ended in Dec. 2022 was GHS12.9 Mil. Fan Milk's Revenue for the three months ended in Dec. 2022 was GHS154.8 Mil. Therefore, Fan Milk's Gross Margin % for the quarter that ended in Dec. 2022 was 8.33%.

Fan Milk had a gross margin of 8.33% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage


Fan Milk Gross Profit Historical Data

The historical data trend for Fan Milk'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.

Fan Milk Gross Profit Chart

Fan Milk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.62 148.78 170.28 123.28 115.87

Fan Milk Quarterly Data
Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Dec17 Sep18 Dec18 Sep19 Dec19 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 14.22 41.70 31.90 29.37 12.90

Competitive Comparison of Fan Milk's Gross Profit

For the Packaged Foods subindustry, Fan Milk'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.


Fan Milk's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fan Milk's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fan Milk's Gross Profit falls into.



Fan Milk Gross Profit Calculation

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

Fan Milk'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
=536.938 - 421.066
=115.9

Fan Milk's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=154.757 - 141.862
=12.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS115.9 Mil.

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

Fan Milk's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.9 / 154.757
=8.33 %

* 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.


Fan Milk  (XGHA:FML) 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

Fan Milk had a gross margin of 8.33% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage


Fan Milk Gross Profit Related Terms

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Fan Milk (XGHA:FML) Business Description

Traded in Other Exchanges
N/A
Address
Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA
Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

Fan Milk (XGHA:FML) Headlines

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