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African Eagle Resources (LSE:AFE) Gross Profit : £0.00 Mil (TTM As of Jun. 2014)


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What is African Eagle Resources Gross Profit?

African Eagle Resources's gross profit for the six months ended in Jun. 2014 was £0.00 Mil. African Eagle Resources's gross profit for the trailing twelve months (TTM) ended in Jun. 2014 was £0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. African Eagle Resources's gross profit for the six months ended in Jun. 2014 was £0.00 Mil. African Eagle Resources's Revenue for the six months ended in Jun. 2014 was £0.00 Mil. Therefore, African Eagle Resources's Gross Margin % for the quarter that ended in Jun. 2014 was N/A%.

African Eagle Resources had a gross margin of N/A% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage


African Eagle Resources Gross Profit Historical Data

The historical data trend for African Eagle Resources'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.

African Eagle Resources Gross Profit Chart

African Eagle Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Profit
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African Eagle Resources Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of African Eagle Resources's Gross Profit

For the Other Industrial Metals & Mining subindustry, African Eagle Resources'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.


African Eagle Resources's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where African Eagle Resources's Gross Profit falls into.



African Eagle Resources Gross Profit Calculation

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

African Eagle Resources's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

African Eagle Resources's Gross Profit for the quarter that ended in Jun. 2014 is calculated as

Gross Profit (Q: Jun. 2014 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

African Eagle Resources's Gross Margin % for the quarter that ended in Jun. 2014 is calculated as

Gross Margin % (Q: Jun. 2014 )=Gross Profit (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


African Eagle Resources  (LSE:AFE) 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

African Eagle Resources had a gross margin of N/A% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage


African Eagle Resources Gross Profit Related Terms

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African Eagle Resources (LSE:AFE) Business Description

Traded in Other Exchanges
N/A
Address
African Eagle Resources PLC was incorporated on January 19, 2000. The Company is engaged in the exploration and development of nickel. The Company's Investing Policy is to seek opportunities in the natural resources, infrastructure and services sectors located in all geographic regions. It has 10% free carried interest in the Dutwa nickel project in Tanzania. It also has a shareholding of 14.4% in Elephant Copper Ltd a BVI registered company, with interests in copper projects in Zambia.