Ocean Harvest Technology Stock Gross Profit

OHT Stock   8.75  0.25  2.94%   
Ocean Harvest Technology fundamentals help investors to digest information that contributes to Ocean Harvest's financial success or failures. It also enables traders to predict the movement of Ocean Stock. The fundamental analysis module provides a way to measure Ocean Harvest's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ocean Harvest stock.
Last ReportedProjected for Next Year
Gross Profit1.1 M792 K
As of November 26, 2024, Gross Profit is expected to decline to about 792 K.
  
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Ocean Harvest Technology Company Gross Profit Analysis

Ocean Harvest's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Ocean Harvest Gross Profit

    
  779 K  
Most of Ocean Harvest's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ocean Harvest Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Ocean Harvest Technology reported 779 K of gross profit. This is 99.99% lower than that of the Food Products sector and 99.96% lower than that of the Consumer Staples industry. The gross profit for all United Kingdom stocks is 100.0% higher than that of the company.

Ocean Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ocean Harvest's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ocean Harvest could also be used in its relative valuation, which is a method of valuing Ocean Harvest by comparing valuation metrics of similar companies.
Ocean Harvest is currently under evaluation in gross profit category among its peers.

Ocean Fundamentals

About Ocean Harvest Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ocean Harvest Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Harvest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Harvest Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Ocean Stock

Ocean Harvest financial ratios help investors to determine whether Ocean Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ocean with respect to the benefits of owning Ocean Harvest security.