Right On Brands Gross Profit Growth & History (RTON)

Right On Brands's gross profit was $605,465 for fiscal 2023.

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Right On Brands annual gross profit history

Right On Brands annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20232023-03-31$605,465$165,453+37.60%
20222022-03-31$440,012$418,761+1970.55%
20212021-03-31$21,251−$49−0.23%
20202020-03-31$21,300−$65,603−75.49%
20192019-03-31$86,903$84,984+4428.56%
20182018-03-31$1,919$1,332+226.92%
20172017-03-31$587

Right On Brands gross profit trends

Over the last five fiscal years, Right On Brands's gross profit increased from $1,919 to $605,465, a change of $603,546. The latest reported quarter, Q3 2024, shows $183,250.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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