Richmond Vanadium Technology (ASX:RVT) Net Margin % : 0.00% (As of Dec. 2023)

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What is Richmond Vanadium Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Richmond Vanadium Technology's Net Income for the six months ended in Dec. 2023 was A$-1.03 Mil. Richmond Vanadium Technology's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Richmond Vanadium Technology's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Richmond Vanadium Technology's Net Margin % or its related term are showing as below:

ASX:RVT's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.08
* Ranked among companies with meaningful Net Margin % only.

Richmond Vanadium Technology Net Margin % Historical Data

The historical data trend for Richmond Vanadium Technology's Net Margin % 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.

Richmond Vanadium Technology Net Margin % Chart

Richmond Vanadium Technology Annual Data

Trend

Jun22

Jun23

Net Margin %

Richmond Vanadium Technology Semi-Annual Data
	Dec22	Jun23	Dec23
Net Margin %	-	-	-

Competitive Comparison of Richmond Vanadium Technology's Net Margin %

For the Other Industrial Metals & Mining subindustry, Richmond Vanadium Technology's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Richmond Vanadium Technology's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Richmond Vanadium Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Richmond Vanadium Technology's Net Margin % falls into.

Richmond Vanadium Technology Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Richmond Vanadium Technology's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-3.67	/	0
	=	%

Richmond Vanadium Technology's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-1.027	/	0
	=	%

Richmond Vanadium Technology (ASX:RVT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Richmond Vanadium Technology Net Margin % Related Terms

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Richmond Vanadium Technology (ASX:RVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Vanadium Technology Ltd (ASX:RVT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.richmondvanadium.com.au

Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.