Simply Better Brands Stock Gross Profit

SBBC Stock  CAD 0.95  0.11  13.10%   
Simply Better Brands fundamentals help investors to digest information that contributes to Simply Better's financial success or failures. It also enables traders to predict the movement of Simply Stock. The fundamental analysis module provides a way to measure Simply Better'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 Simply Better stock.
Last ReportedProjected for Next Year
Gross Profit46.9 M27.9 M
Gross Profit Margin 0.59  0.70 
Gross Profit Margin is likely to climb to 0.70 in 2024, whereas Gross Profit is likely to drop slightly above 27.9 M in 2024.
  
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Simply Better Brands Company Gross Profit Analysis

Simply Better'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

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Simply Better Gross Profit

    
  44.41 M  
Most of Simply Better'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, Simply Better Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Simply Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Simply Better is extremely important. It helps to project a fair market value of Simply Stock properly, considering its historical fundamentals such as Gross Profit. Since Simply Better's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Simply Better's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Simply Better's interrelated accounts and indicators.
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, Simply Better Brands reported 44.41 M of gross profit. This is 98.02% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The gross profit for all Canada stocks is 99.84% higher than that of the company.

Simply Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simply Better'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 Simply Better could also be used in its relative valuation, which is a method of valuing Simply Better by comparing valuation metrics of similar companies.
Simply Better is currently under evaluation in gross profit category among its peers.

Simply Fundamentals

About Simply Better Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Simply Better Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simply Better using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simply Better Brands 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Simply Stock Analysis

When running Simply Better's price analysis, check to measure Simply Better's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simply Better is operating at the current time. Most of Simply Better's value examination focuses on studying past and present price action to predict the probability of Simply Better's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Better's price. Additionally, you may evaluate how the addition of Simply Better to your portfolios can decrease your overall portfolio volatility.