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Alamos Gold (TSXV:AGI.WT) Gross Profit : C$529 Mil (TTM As of Mar. 2024)


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What is Alamos Gold Gross Profit?

Alamos Gold's gross profit for the three months ended in Mar. 2024 was C$141 Mil. Alamos Gold's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$529 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Alamos Gold's gross profit for the three months ended in Mar. 2024 was C$141 Mil. Alamos Gold's Revenue for the three months ended in Mar. 2024 was C$376 Mil. Therefore, Alamos Gold's Gross Margin % for the quarter that ended in Mar. 2024 was 37.46%.

Alamos Gold had a gross margin of 37.46% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Alamos Gold was 37.68%. The lowest was -10.48%. And the median was 19.76%.


Alamos Gold Gross Profit Historical Data

The historical data trend for Alamos Gold'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.

Alamos Gold Gross Profit Chart

Alamos Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.94 349.17 370.56 288.41 517.32

Alamos Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 131.77 137.11 132.87 117.93 140.77

Competitive Comparison of Alamos Gold's Gross Profit

For the Gold subindustry, Alamos Gold'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.


Alamos Gold's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alamos Gold's Gross Profit falls into.



Alamos Gold Gross Profit Calculation

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

Alamos Gold's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1372.859 - 855.538
=517

Alamos Gold's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=375.759 - 234.985
=141

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$529 Mil.

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

Alamos Gold's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=141 / 375.759
=37.46 %

* 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.


Alamos Gold  (TSXV:AGI.WT) 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

Alamos Gold had a gross margin of 37.46% for the quarter that ended in Mar. 2024 => Competition eroding margins


Alamos Gold Gross Profit Related Terms

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Alamos Gold (TSXV:AGI.WT) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3
Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from Young Davidson mines.

Alamos Gold (TSXV:AGI.WT) Headlines

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