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Vatic Ventures (TSXV:VCV) Gross Profit : C$0.00 Mil (TTM As of Feb. 2024)


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What is Vatic Ventures Gross Profit?

Vatic Ventures's gross profit for the three months ended in Feb. 2024 was C$0.00 Mil. Vatic Ventures's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vatic Ventures's gross profit for the three months ended in Feb. 2024 was C$0.00 Mil. Vatic Ventures's Revenue for the three months ended in Feb. 2024 was C$0.00 Mil. Therefore, Vatic Ventures's Gross Margin % for the quarter that ended in Feb. 2024 was N/A%.

Vatic Ventures had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Vatic Ventures Gross Profit Historical Data

The historical data trend for Vatic Ventures'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.

Vatic Ventures Gross Profit Chart

Vatic Ventures Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Profit
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Vatic Ventures Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Vatic Ventures's Gross Profit

For the Other Industrial Metals & Mining subindustry, Vatic Ventures'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.


Vatic Ventures's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vatic Ventures's Gross Profit falls into.



Vatic Ventures Gross Profit Calculation

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

Vatic Ventures's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Gross Profit (A: Feb. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Vatic Ventures's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

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

Vatic Ventures's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(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.


Vatic Ventures  (TSXV:VCV) 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

Vatic Ventures had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Vatic Ventures Gross Profit Related Terms

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Vatic Ventures Business Description

Traded in Other Exchanges
Address
1400 - 1040 West Georgia Street, Vancouver, BC, CAN, V6E 4H1
Vatic Ventures Corp is a junior resource exploration company that is involved in the acquisition and exploration of mineral properties.
Executives
Anthony Paul Clements Director

Vatic Ventures Headlines