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East Africa Metals (East Africa Metals) Gross Profit : $0.00 Mil (TTM As of Dec. 2023)


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What is East Africa Metals Gross Profit?

East Africa Metals's gross profit for the three months ended in Dec. 2023 was $0.00 Mil. East Africa Metals's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. East Africa Metals's gross profit for the three months ended in Dec. 2023 was $0.00 Mil. East Africa Metals's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, East Africa Metals's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

East Africa Metals had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


East Africa Metals Gross Profit Historical Data

The historical data trend for East Africa Metals'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.

East Africa Metals Gross Profit Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.04 -0.01 - -

East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of East Africa Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, East Africa Metals'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.


East Africa Metals's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where East Africa Metals's Gross Profit falls into.



East Africa Metals Gross Profit Calculation

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

East Africa Metals's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

East Africa Metals'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 - 0
=0.00

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 $0.00 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.)

East Africa Metals'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
=0.00 / 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.


East Africa Metals  (OTCPK:EFRMF) 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

East Africa Metals had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


East Africa Metals Gross Profit Related Terms

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East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

East Africa Metals (East Africa Metals) Headlines

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