Black Cat Syndicate (ASX:BC8) Gross Margin %: 50.43% (As of Dec. 2025) — 184% Above Median


ASX:BC8 Black Cat Syndicate Ltd ASX:BC8
36 GF Score
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What is Black Cat Syndicate Gross Margin %?

Black Cat Syndicate ASX:BC8 +1.09% 36 Gross Margin % is 50.43% as of Dec. 2025, which is 184% above its 10-year median of 17.74. GuruFocus rates ASX:BC8 with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 730 Metals & Mining companies, Black Cat Syndicate ranks better than 69.04% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Black Cat Syndicate's Gross Profit for the six months ended in Dec. 2025 was A$85.3 Mil. Black Cat Syndicate's Revenue for the six months ended in Dec. 2025 was A$169.1 Mil. Therefore, Black Cat Syndicate's Gross Margin % for the quarter that ended in Dec. 2025 was 50.43%.


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

ASX:BC8' s Gross Margin % Range Over the Past 10 Years
Min: 17.74   Med: 17.74   Max: 44.02
Current: 44.02


During the past 8 years, the highest Gross Margin % of Black Cat Syndicate was 44.02%. The lowest was 17.74%. And the median was 17.74%.

ASX:BC8's Gross Margin % is ranked better than
69.04% of 730 companies
in the Metals & Mining industry
Industry Median: 26.175 vs ASX:BC8: 44.02

Black Cat Syndicate had a gross margin of 50.43% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Black Cat Syndicate was 0.00% per year.


Black Cat Syndicate  (ASX:BC8) 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

Black Cat Syndicate had a gross margin of 50.43% for the quarter that ended in Dec. 2025 => Durable 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.


Black Cat Syndicate Gross Margin % Related Terms


Black Cat Syndicate Gross Margin % Historical Data

* Premium members only.

The historical data trend for Black Cat Syndicate'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.

Black Cat Syndicate Gross Margin % Chart

Black Cat Syndicate Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 17.74

Black Cat Syndicate Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % 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 0.00 0.00 0.00 13.49 50.43

ASX:BC8 vs NEM, AU: Gross Margin % Comparison

For the Gold subindustry, Black Cat Syndicate'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.


Black Cat Syndicate Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Black Cat Syndicate's Gross Margin % falls into.


ASX:BC8
36GF Score
Black Cat Syndicate Ltd ASX:BC8
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Cat Syndicate Gross Margin % Calculation

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

Black Cat Syndicate's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=6.6 / 37.317
=(Revenue - Cost of Goods Sold) / Revenue
=(37.317 - 30.698) / 37.317
=17.74 %

Black Cat Syndicate's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=85.3 / 169.094
=(Revenue - Cost of Goods Sold) / Revenue
=(169.094 - 83.818) / 169.094
=50.43 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 50.43% mean?
Black Cat Syndicate (ASX:BC8) has a Gross Margin % of 50.43% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Black Cat Syndicate and its competitors. This is 184% above median its historical median of 17.74. Over the past decade, Black Cat Syndicate's Gross Margin % has ranged from 17.74 to 44.02. According to the industry distribution chart, Black Cat Syndicate ranks #226 out of 730 companies in the Metals & Mining industry, placing it in the top 31%.
Is Black Cat Syndicate's Gross Margin % too high?
Black Cat Syndicate's current Gross Margin % of 50.43% is 184% above median its 10-year median of 17.74. Over the past 10 years, this metric has ranged from a low of 17.74 to a high of 44.02. The Metals & Mining industry median Gross Margin % is 26.18. Black Cat Syndicate's value of 50.43% is 92.7% above this industry median. Based on the distribution chart, Black Cat Syndicate ranks #226 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Black Cat Syndicate has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Black Cat Syndicate's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Black Cat Syndicate ranks #226 out of 730 companies for Gross Margin %. This puts Black Cat Syndicate in the upper half of its industry. The industry median Gross Margin % is 26.18. Black Cat Syndicate's value of 50.43% is 92.7% above this benchmark. Historically, Black Cat Syndicate's own Gross Margin % has ranged from 17.74 to 44.02 over the past decade. While the company's 10-year median is 17.74 vs. the industry median of 26.18, Black Cat Syndicate has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Cat Syndicate's current Gross Margin % of 50.43% is 92.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Black Cat Syndicate and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Cat Syndicate's current Gross Margin % is 50.43%, which is 184% above median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Cat Syndicate stock overvalued right now?
Black Cat Syndicate (ASX:BC8) has a current Gross Margin % of 50.43%. The current Gross Margin % is 50.43%, which is 184% above median its 10-year median of 17.74 and 92.7% above the Metals & Mining industry median of 26.18. Black Cat Syndicate's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Black Cat Syndicate (ASX:BC8), the current Gross Margin % is 50.43% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Black Cat Syndicate Business Description

Other Exchanges BLCAF:USA
Address 507 Murray Street, Level 4, West Perth, Perth, WA, AUS, 6000
Black Cat Syndicate Ltd is a mining company. It focuses on the exploration and development of the goldfield project. The Group has identified four reportable segments of its business namely total operations: mining and processing of gold, Mine development, Exploration: exploration and evaluation of gold mineralisation and Other: corporate expenditures supporting the business. The company is engaged in the exploration and development of the Bulong Gold Field project located to the east of Kalgoorlie. The company's project includes Kal East Gold project, Coyote Gold Operation, Paulsens Gold Operation.
36GF Score

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