MTM Critical Metals (ASX:MTM) Gross Margin % : 0.00% (As of Dec. 2023)

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What is MTM Critical Metals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MTM Critical Metals's Gross Profit for the six months ended in Dec. 2023 was A$0.01 Mil. MTM Critical Metals's Revenue for the six months ended in Dec. 2023 was A$0.01 Mil. Therefore, MTM Critical Metals's Gross Margin % for the quarter that ended in Dec. 2023 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 MTM Critical Metals's Gross Margin % or its related term are showing as below:

ASX:MTM's Gross Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 20.56
* Ranked among companies with meaningful Gross Margin % only.

MTM Critical Metals had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MTM Critical Metals was 0.00% per year.

MTM Critical Metals Gross Margin % Historical Data

The historical data trend for MTM Critical Metals'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.

MTM Critical Metals Gross Margin % Chart

MTM Critical Metals Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Gross Margin %

MTM Critical Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of MTM Critical Metals's Gross Margin %

For the Other Precious Metals & Mining subindustry, MTM Critical Metals'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.

MTM Critical Metals's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where MTM Critical Metals's Gross Margin % falls into.

MTM Critical Metals 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.)

MTM Critical Metals's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

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

MTM Critical Metals's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

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

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.

MTM Critical Metals (ASX:MTM) 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

MTM Critical Metals had a gross margin of N/A% for the quarter that ended in Dec. 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.

MTM Critical Metals Gross Margin % Related Terms

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MTM Critical Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MTM Critical Metals Ltd (ASX:MTM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Colin Street, Suite 2, West Perth, WA, AUS, 6005

Website

https://www.mtmcriticalmetals.com.au

MTM Critical Metals Ltd is an exploration company that is focused on searching for rare earth elements, gold, lithium, nickel, and base metals in Western Australia and Quebec, Canada. It is also involved in the development of mineral processing technology. The company's project portfolio includes the West Arunta Project, Pomme, East Laverton, and MT Monger projects. Its geographical segments are; Australia which generates maximum income, Canada, and the United States of America.

MTM Critical Metals Headlines

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