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Vision Lithium (Vision Lithium) Gross Margin % : 0.00% (As of Nov. 2023)


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What is Vision Lithium Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vision Lithium's Gross Profit for the three months ended in Nov. 2023 was $-0.00 Mil. Vision Lithium's Revenue for the three months ended in Nov. 2023 was $0.00 Mil. Therefore, Vision Lithium's Gross Margin % for the quarter that ended in Nov. 2023 was 0.00%.


The historical rank and industry rank for Vision Lithium's Gross Margin % or its related term are showing as below:


ABEPF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.33
* Ranked among companies with meaningful Gross Margin % only.

Vision Lithium had a gross margin of % for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vision Lithium was 0.00% per year.


Vision Lithium Gross Margin % Historical Data

The historical data trend for Vision Lithium's Gross Margin % 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.

Vision Lithium Gross Margin % Chart

Vision Lithium Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
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Vision Lithium Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Vision Lithium's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Vision Lithium's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Vision Lithium's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vision Lithium's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vision Lithium's Gross Margin % falls into.



Vision Lithium Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vision Lithium's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.009) / 0
= %

Vision Lithium's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.002) / 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.


Vision Lithium  (OTCPK:ABEPF) Gross Margin % 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

Vision Lithium had a gross margin of % for the quarter that ended in Nov. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Vision Lithium Gross Margin % Related Terms

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Vision Lithium (Vision Lithium) Business Description

Traded in Other Exchanges
Address
1019, Boulevard Des Pins, 2nd Floor, Val-d'OR, QC, CAN, J9P 4T2
Vision Lithium Inc is a junior exploration company focused on exploring and developing high quality battery mineral assets including lithium and copper in safe jurisdictions, predominantly in Canada. The company's project includes Godslith Property, Cadillac, Sirmac Property, Dome Lemieux property, and others.