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Valhalla Metals (TSXV:VMXX) Gross Profit

: C$-0.01 Mil (TTM As of Sep. 2023)
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Valhalla Metals's gross profit for the three months ended in Sep. 2023 was C$-0.01 Mil. Valhalla Metals's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Valhalla Metals's gross profit for the three months ended in Sep. 2023 was C$-0.01 Mil. Valhalla Metals's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Therefore, Valhalla Metals's Gross Margin % for the quarter that ended in Sep. 2023 was %.

Valhalla Metals had a gross margin of % for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Valhalla Metals Gross Profit Historical Data

The historical data trend for Valhalla 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.

Valhalla Metals Annual Data
Trend Dec21 Dec22
Gross Profit
- -

Valhalla Metals Quarterly Data
Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23
Gross Profit Premium Member Only Premium Member Only - - - - -0.01

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Valhalla 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.


Valhalla Metals Gross Profit Distribution

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

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



Valhalla Metals Gross Profit Calculation

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

Valhalla Metals'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
=0 - 0
=0.00

Valhalla Metals's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=0 - 0.012
=-0.01

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 Mil.

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

Valhalla Metals's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.01 / 0
= %

* 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.


Valhalla Metals  (TSXV:VMXX) 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

Valhalla Metals had a gross margin of % for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Valhalla Metals Gross Profit Related Terms

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Valhalla Metals (TSXV:VMXX) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Website
Valhalla Metals Inc is a private exploration company based in Fairbanks, Alaska. It currently holds exploration projects concentrated in the Ambler Mining District of Alaska in the Brooks Range of NW Alaska, including the Sun and Smucker VMS Projects.

Valhalla Metals (TSXV:VMXX) Headlines

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