GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dundee Precious Metals Inc (OTCPK:DPMLF) » Definitions » Gross Profit

Dundee Precious Metals (Dundee Precious Metals) Gross Profit : $221.7 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Dundee Precious Metals Gross Profit?

Dundee Precious Metals's gross profit for the three months ended in Dec. 2023 was $25.4 Mil. Dundee Precious Metals's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $221.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dundee Precious Metals's gross profit for the three months ended in Dec. 2023 was $25.4 Mil. Dundee Precious Metals's Revenue for the three months ended in Dec. 2023 was $61.7 Mil. Therefore, Dundee Precious Metals's Gross Margin % for the quarter that ended in Dec. 2023 was 41.09%.

Dundee Precious Metals had a gross margin of 41.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Dundee Precious Metals was 44.09%. The lowest was -0.44%. And the median was 23.97%.


Dundee Precious Metals Gross Profit Historical Data

The historical data trend for Dundee Precious Metals'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.

Dundee Precious Metals Gross Profit Chart

Dundee Precious Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.50 259.63 266.30 172.59 229.33

Dundee Precious Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.00 60.71 84.62 50.96 25.37

Competitive Comparison of Dundee Precious Metals's Gross Profit

For the Gold subindustry, Dundee Precious Metals'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.


Dundee Precious Metals's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dundee Precious Metals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dundee Precious Metals's Gross Profit falls into.



Dundee Precious Metals Gross Profit Calculation

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

Dundee Precious Metals's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=520.091 - 290.765
=229.3

Dundee Precious Metals's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=61.735 - 36.366
=25.4

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $221.7 Mil.

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

Dundee Precious Metals's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=25.4 / 61.735
=41.09 %

* 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.


Dundee Precious Metals  (OTCPK:DPMLF) 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

Dundee Precious Metals had a gross margin of 41.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Dundee Precious Metals Gross Profit Related Terms

Thank you for viewing the detailed overview of Dundee Precious Metals's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Dundee Precious Metals (Dundee Precious Metals) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
Dundee Precious Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company has three reportable operating segments Chelopech and Ada Tepe in Bulgaria and Tsumeb in Namibia.

Dundee Precious Metals (Dundee Precious Metals) Headlines

From GuruFocus

Dundee Precious Metals Announces Board Nominees

By GlobeNewswire GlobeNewswire 04-05-2022

Dundee Precious Metals Increases Quarterly Dividend by 50%

By GlobeNewswire GlobeNewswire 12-08-2020

Dundee Precious Metals Declares Dividend

By GlobeNewswire GlobeNewswire 05-04-2022

Dundee Precious Metals Announces Update to Operations at Tsumeb

By GlobeNewswire GlobeNewswire 09-05-2019

Dundee Precious Metals Declares Dividend

By GlobeNewswire GlobeNewswire 05-06-2020

Dundee Precious Metals Is a Buy

By Alberto Abaterusso Alberto Abaterusso 04-18-2019

First Eagle Gold Fund Comments on Dundee Precious Metals

By Sydnee Gatewood Sydnee Gatewood 07-28-2020