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CanAlaska Uranium (CanAlaska Uranium) Gross Profit : $-0.15 Mil (TTM As of Jan. 2024)


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What is CanAlaska Uranium Gross Profit?

CanAlaska Uranium's gross profit for the three months ended in Jan. 2024 was $-0.04 Mil. CanAlaska Uranium's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.15 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CanAlaska Uranium's gross profit for the three months ended in Jan. 2024 was $-0.04 Mil. CanAlaska Uranium's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Therefore, CanAlaska Uranium's Gross Margin % for the quarter that ended in Jan. 2024 was %.

CanAlaska Uranium had a gross margin of % for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


CanAlaska Uranium Gross Profit Historical Data

The historical data trend for CanAlaska Uranium'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.

CanAlaska Uranium Gross Profit Chart

CanAlaska Uranium Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.08 -0.13

CanAlaska Uranium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.04 -0.04 -0.04 -0.04 -0.04

Competitive Comparison of CanAlaska Uranium's Gross Profit

For the Other Industrial Metals & Mining subindustry, CanAlaska Uranium'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.


CanAlaska Uranium's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where CanAlaska Uranium's Gross Profit falls into.



CanAlaska Uranium Gross Profit Calculation

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

CanAlaska Uranium's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=0 - 0.125
=-0.13

CanAlaska Uranium's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.037
=-0.04

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.

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

CanAlaska Uranium's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.04 / 0
= %

* 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.


CanAlaska Uranium  (OTCPK:CVVUF) 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

CanAlaska Uranium had a gross margin of % for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


CanAlaska Uranium Gross Profit Related Terms

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CanAlaska Uranium (CanAlaska Uranium) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
CanAlaska Uranium Ltd is engaged in the exploration of uranium, nickel, and diamond properties. Its project portfolio includes West McArthur, Cree East, NW Manitoba, Athabasca Diamond, Waterbury, Moon, Collins Bay Extension, Mouse Mountain Cu-Au, Patterson, McTavish, Key Lake, Thompson Nickel Belt, Kasmere, and Ruttan area Cu-Zn Project. The Company's operations comprise a single operating segment engaged in mineral exploration in Canada.

CanAlaska Uranium (CanAlaska Uranium) Headlines