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Bushveld Minerals (Bushveld Minerals) Gross Profit : $37.4 Mil (TTM As of Jun. 2023)


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What is Bushveld Minerals Gross Profit?

Bushveld Minerals's gross profit for the six months ended in Jun. 2023 was $19.5 Mil. Bushveld Minerals's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $37.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bushveld Minerals's gross profit for the six months ended in Jun. 2023 was $19.5 Mil. Bushveld Minerals's Revenue for the six months ended in Jun. 2023 was $78.4 Mil. Therefore, Bushveld Minerals's Gross Margin % for the quarter that ended in Jun. 2023 was 24.84%.

Bushveld Minerals had a gross margin of 24.84% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Bushveld Minerals was 66.02%. The lowest was -1.41%. And the median was 27.04%.


Bushveld Minerals Gross Profit Historical Data

The historical data trend for Bushveld Minerals'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.

Bushveld Minerals Gross Profit Chart

Bushveld Minerals Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.82 60.32 -1.27 4.08 40.14

Bushveld Minerals Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 -5.20 9.28 22.20 17.94 19.48

Competitive Comparison of Bushveld Minerals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Bushveld Minerals'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.


Bushveld Minerals's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bushveld Minerals's Gross Profit falls into.



Bushveld Minerals Gross Profit Calculation

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

Bushveld Minerals's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=148.448 - 108.304
=40.1

Bushveld Minerals's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=78.428 - 58.945
=19.5

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $37.4 Mil.

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

Bushveld Minerals'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
=19.5 / 78.428
=24.84 %

* 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.


Bushveld Minerals  (OTCPK:BSHVF) 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

Bushveld Minerals had a gross margin of 24.84% for the quarter that ended in Jun. 2023 => Competition eroding margins


Bushveld Minerals Gross Profit Related Terms

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Bushveld Minerals (Bushveld Minerals) Business Description

Traded in Other Exchanges
Address
9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116
Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).

Bushveld Minerals (Bushveld Minerals) Headlines