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Victoria Gold (TSX:VGCX) Gross Profit : C$68.2 Mil (TTM As of Mar. 2024)


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What is Victoria Gold Gross Profit?

Victoria Gold's gross profit for the three months ended in Mar. 2024 was C$9.0 Mil. Victoria Gold's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$68.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Victoria Gold's gross profit for the three months ended in Mar. 2024 was C$9.0 Mil. Victoria Gold's Revenue for the three months ended in Mar. 2024 was C$83.0 Mil. Therefore, Victoria Gold's Gross Margin % for the quarter that ended in Mar. 2024 was 10.82%.

Victoria Gold had a gross margin of 10.82% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Victoria Gold was 42.69%. The lowest was 16.92%. And the median was 34.81%.


Victoria Gold Gross Profit Historical Data

The historical data trend for Victoria Gold'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.

Victoria Gold Gross Profit Chart

Victoria Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 76.32 150.97 87.73 80.26

Victoria Gold Quarterly Data
May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.98 24.63 19.90 14.74 8.98

Competitive Comparison of Victoria Gold's Gross Profit

For the Gold subindustry, Victoria Gold'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.


Victoria Gold's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Victoria Gold's Gross Profit falls into.



Victoria Gold Gross Profit Calculation

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

Victoria Gold'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
=416.902 - 336.644
=80.3

Victoria Gold's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=82.982 - 74.005
=9.0

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$68.2 Mil.

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

Victoria Gold's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=9.0 / 82.982
=10.82 %

* 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.


Victoria Gold  (TSX:VGCX) 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

Victoria Gold had a gross margin of 10.82% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Victoria Gold Gross Profit Related Terms

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Victoria Gold Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Mine Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse.
Executives
John Charles Mcconnell Director, Senior Officer
Ria Fitzgerald Director
Steven Charles Haggarty Director
Adam Melnyk Senior Officer
Mark Ayranto Senior Officer
T. Sean Harvey Director
Paul Dunstan Gray Senior Officer
Marty Rendall Senior Officer
Kimberly Keating Director
Christopher Thomas Hill Director
Michael D. Mcinnis Director
David Kenneth Rouleau Senior Officer
Stephen Victor Scott Director
Orion Mine Finance Management Ii Limited 10% Security Holder
Joseph J. Ovsenek Director

Victoria Gold Headlines

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