Metalore Resources (Metalore Resources) Gross Profit : $-0.20 Mil (TTM As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Metalore Resources Gross Profit?

Metalore Resources's gross profit for the three months ended in Dec. 2023 was $-0.02 Mil. Metalore Resources's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.20 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Metalore Resources's gross profit for the three months ended in Dec. 2023 was $-0.02 Mil. Metalore Resources's Revenue for the three months ended in Dec. 2023 was $0.09 Mil. Therefore, Metalore Resources's Gross Margin % for the quarter that ended in Dec. 2023 was -18.89%.

Metalore Resources had a gross margin of -18.89% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Metalore Resources was 34.48%. The lowest was -56.06%. And the median was 15.83%.

Metalore Resources Gross Profit Historical Data

The historical data trend for Metalore 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.

Metalore Resources Gross Profit Chart

Metalore Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

Get a 7-Day Free Trial

0.11

-0.03

-0.05

0.22

0.20

Metalore Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															0.09	-0.11	-0.05	-0.03	-0.02

Competitive Comparison of Metalore Resources's Gross Profit

For the Oil & Gas E&P subindustry, Metalore 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.

Metalore Resources's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Gross Profit distribution charts can be found below:

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

Metalore Resources Gross Profit Calculation

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

Metalore Resources's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	0.783	-	0.587
	=	0.20

Metalore Resources's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	0.09	-	0.107
	=	-0.02

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.20 Mil.

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

Metalore Resources's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	-0.02	/	0.09
	=	-18.89 %

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.

Metalore Resources (OTCPK:MTLRF) 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

Metalore Resources had a gross margin of -18.89% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Metalore Resources Gross Profit Related Terms

Thank you for viewing the detailed overview of Metalore Resources's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Metalore Resources (Metalore Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Metalore Resources Ltd (OTCPK:MTLRF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

MET:Canada

Address

124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8

Website

https://www.metaloreresources.ca

Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.