Better Gross Profit from 2010 to 2024

BTTR Stock

USD 1.96 0.03 1.55%

Better Choice Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 6.4 M. Gross Profit is the profit Better Choice makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2014-09-30

Previous Quarter

3.3 M

Current Value

4.5 M

Quarterly Volatility

1.8 M

Yuan Drop

Covid

Check Better Choice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Better Choice's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 1.2 M or Selling General Administrative of 8.5 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 4.0E-4 or PTB Ratio of 2.74. Better financial statements analysis is a perfect complement when working with Better Choice Valuation or Volatility modules.

Check out the analysis of Better Choice Correlation against competitors.

To learn how to invest in Better Stock, please use our How to Invest in Better Choice guide.

Latest Better Choice's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Better Choice over the last few years. Gross profit is a required income statement account that reflects total revenue of Better Choice minus its cost of goods sold. It is profit before Better Choice operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Better Choice's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Better Choice's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 15.26 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Better Gross Profit Regression Statistics

	Arithmetic Mean	4,721,867
	Geometric Mean	0.00
	Coefficient Of Variation	139.65
	Mean Deviation	5,665,643
	Median	1,400
	Standard Deviation	6,594,231
	Sample Variance	43.5T
	Range	16.1M
	R-Value	0.76
	Mean Square Error	19.8T
	R-Squared	0.58
	Significance	0
	Slope	1,120,104
	Total Sum of Squares	608.8T

Better Gross Profit History

	2024	6.4 M
	2023	11.8 M
	2022	15.3 M
	2021	15.4 M
	2020	16.1 M
	2019	5.9 M
	2018	264.0

Other Fundumenentals of Better Choice

Gross Profit Margin

Better Choice Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Accounts Payable	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Short Long Term Debt	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.5	0.43	0.72	0.93	0.09	-0.75	0.61	0.81	0.55	-0.19	0.59	0.76	0.87	0.17	0.4
Total Stockholder Equity	0.5		-0.45	-0.24	0.7	-0.11	-0.31	0.29	0.19	-0.15	0.7	-0.1	0.13	0.85	0.92	0.0
Net Debt	0.43	-0.45		0.84	0.14	0.24	-0.31	0.2	0.65	0.86	-0.88	0.87	0.74	0.03	-0.69	0.72
Total Liab	0.72	-0.24	0.84		0.49	0.19	-0.59	0.45	0.75	0.73	-0.77	0.74	0.74	0.29	-0.54	0.45
Total Current Assets	0.93	0.7	0.14	0.49		0.01	-0.81	0.66	0.69	0.3	0.14	0.38	0.63	0.94	0.47	0.17
Common Stock	0.09	-0.11	0.24	0.19	0.01		-0.03	0.02	0.35	0.21	-0.22	0.18	0.14	-0.01	-0.2	0.14
Retained Earnings	-0.75	-0.31	-0.31	-0.59	-0.81	-0.03		-0.93	-0.57	-0.43	0.0	-0.53	-0.74	-0.61	-0.16	-0.17
Accounts Payable	0.61	0.29	0.2	0.45	0.66	0.02	-0.93		0.32	0.45	0.09	0.51	0.69	0.5	0.15	0.21
Current Deferred Revenue	0.81	0.19	0.65	0.75	0.69	0.35	-0.57	0.32		0.55	-0.43	0.62	0.69	0.61	-0.07	0.42
Short Term Debt	0.55	-0.15	0.86	0.73	0.3	0.21	-0.43	0.45	0.55		-0.65	0.98	0.9	0.27	-0.46	0.91
Net Tangible Assets	-0.19	0.7	-0.88	-0.77	0.14	-0.22	0.0	0.09	-0.43	-0.65		-0.6	-0.41	0.26	0.91	-0.48
Short Long Term Debt	0.59	-0.1	0.87	0.74	0.38	0.18	-0.53	0.51	0.62	0.98	-0.6		0.95	0.33	-0.38	0.89
Property Plant Equipment	0.76	0.13	0.74	0.74	0.63	0.14	-0.74	0.69	0.69	0.9	-0.41	0.95		0.55	-0.15	0.77
Net Invested Capital	0.87	0.85	0.03	0.29	0.94	-0.01	-0.61	0.5	0.61	0.27	0.26	0.33	0.55		0.61	0.28
Net Working Capital	0.17	0.92	-0.69	-0.54	0.47	-0.2	-0.16	0.15	-0.07	-0.46	0.91	-0.38	-0.15	0.61		-0.27
Capital Stock	0.4	0.0	0.72	0.45	0.17	0.14	-0.17	0.21	0.42	0.91	-0.48	0.89	0.77	0.28	-0.27

Click cells to compare fundamentals

About Better Choice Financial Statements

Better Choice shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Better Choice investors may analyze each financial statement separately, they are all interrelated. The changes in Better Choice's assets and liabilities, for example, are also reflected in the revenues and expenses on on Better Choice's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	11.8 M	6.4 M
Gross Profit Margin	0.31	0.55

Pair Trading with Better Choice

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Better Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Better Choice will appreciate offsetting losses from the drop in the long position's value.

Moving together with Better Stock

0.61	WEST	Westrock Coffee	Pair Corr
0.63	FMX	Fomento Economico	Pair Corr

Moving against Better Stock

0.62	K	Kellanova	Pair Corr
0.53	SAM	Boston Beer	Pair Corr
0.41	TAP	Molson Coors Brewing Sell-off Trend	Pair Corr
0.38	CCU	Compania Cervecerias	Pair Corr

The ability to find closely correlated positions to Better Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Better Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Better Choice to buy it.

The correlation of Better Choice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Better Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Choice moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Better Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Better Stock Analysis

When running Better Choice's price analysis, check to measure Better Choice'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 Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.

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