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Wolverine Energy and Infrastructure (TSXV:WEII.H) Gross Profit : C$19.94 Mil (TTM As of Jun. 2023)


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What is Wolverine Energy and Infrastructure Gross Profit?

Wolverine Energy and Infrastructure's gross profit for the three months ended in Jun. 2023 was C$3.01 Mil. Wolverine Energy and Infrastructure's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was C$19.94 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wolverine Energy and Infrastructure's gross profit for the three months ended in Jun. 2023 was C$3.01 Mil. Wolverine Energy and Infrastructure's Revenue for the three months ended in Jun. 2023 was C$7.91 Mil. Therefore, Wolverine Energy and Infrastructure's Gross Margin % for the quarter that ended in Jun. 2023 was 38.05%.

Wolverine Energy and Infrastructure had a gross margin of 38.05% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Wolverine Energy and Infrastructure was 49.07%. The lowest was 15.02%. And the median was 29.15%.

Warning Sign:

Wolverine Energy and Infrastructure Inc gross margin has been in long-term decline. The average rate of decline per year is -10.4%.


Wolverine Energy and Infrastructure Gross Profit Historical Data

The historical data trend for Wolverine Energy and Infrastructure'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.

Wolverine Energy and Infrastructure Gross Profit Chart

Wolverine Energy and Infrastructure Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial 25.76 41.33 17.55 16.81 20.13

Wolverine Energy and Infrastructure Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.20 2.23 5.92 8.78 3.01

Competitive Comparison of Wolverine Energy and Infrastructure's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Wolverine Energy and Infrastructure'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.


Wolverine Energy and Infrastructure's Gross Profit Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Wolverine Energy and Infrastructure's Gross Profit falls into.



Wolverine Energy and Infrastructure Gross Profit Calculation

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

Wolverine Energy and Infrastructure'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
=61.195 - 41.067
=20.13

Wolverine Energy and Infrastructure's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=7.91 - 4.9
=3.01

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$19.94 Mil.

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

Wolverine Energy and Infrastructure's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.01 / 7.91
=38.05 %

* 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.


Wolverine Energy and Infrastructure  (TSXV:WEII.H) 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

Wolverine Energy and Infrastructure had a gross margin of 38.05% for the quarter that ended in Jun. 2023 => Competition eroding margins


Wolverine Energy and Infrastructure Gross Profit Related Terms

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Wolverine Energy and Infrastructure (TSXV:WEII.H) Business Description

Traded in Other Exchanges
N/A
Address
1010 8th Avenue, Suite 450, Calgary, AB, CAN, T2P 1J2
Wolverine Energy and Infrastructure Inc is a diversified energy, midstream environmental, and infrastructure services provider. The company serves agriculture; forestry; governments; midstream; public infrastructure; oil and gas production and other industries.

Wolverine Energy and Infrastructure (TSXV:WEII.H) Headlines

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