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Image Resources NL (ASX:IMA) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Image Resources NL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Image Resources NL's Gross Profit for the six months ended in Jun. 2024 was A$0.00 Mil. Image Resources NL's Revenue for the six months ended in Jun. 2024 was A$0.00 Mil. Therefore, Image Resources NL's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

ASX:IMA' s Gross Margin % Range Over the Past 10 Years
Min: 9.34   Med: 54.27   Max: 56.62
Current: 9.34


During the past 13 years, the highest Gross Margin % of Image Resources NL was 56.62%. The lowest was 9.34%. And the median was 54.27%.

ASX:IMA's Gross Margin % is ranked worse than
71.49% of 691 companies
in the Metals & Mining industry
Industry Median: 20.33 vs ASX:IMA: 9.34

Image Resources NL had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Image Resources NL was 0.00% per year.


Image Resources NL Gross Margin % Historical Data

The historical data trend for Image Resources NL'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.

Image Resources NL Gross Margin % Chart

Image Resources NL Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.86 56.62 54.27 52.92 37.39

Image Resources NL Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.37 47.78 50.56 9.34 -

Competitive Comparison of Image Resources NL's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Image Resources NL'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.


Image Resources NL's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Image Resources NL's Gross Margin % falls into.



Image Resources NL Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Image Resources NL's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=44.5 / 119.133
=(Revenue - Cost of Goods Sold) / Revenue
=(119.133 - 74.594) / 119.133
=37.39 %

Image Resources NL's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 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.


Image Resources NL  (ASX:IMA) 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

Image Resources NL had a gross margin of N/A% for the quarter that ended in Jun. 2024 => 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.


Image Resources NL Gross Margin % Related Terms

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Image Resources NL Business Description

Traded in Other Exchanges
Address
Level 2, 7 Ventnor Avenue, West Perth, Perth, WA, AUS, 6005
Image Resources NL is a mineral sand producer. It is focused on the development of its high-grade Boonanarring Project in the North Perth Basin. The company's projects are Exploration Projects, Boonanarring, and Atlas Development Project. It operates in only one segment, minerals sands production and exploration. The Group's revenue is derived from sources and assets located within Australia.

Image Resources NL Headlines

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