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Cross River Ventures (FRA:C6R) Gross Margin % : 0.00% (As of Jul. 2024)


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What is Cross River Ventures Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cross River Ventures's Gross Profit for the three months ended in Jul. 2024 was €0.00 Mil. Cross River Ventures's Revenue for the three months ended in Jul. 2024 was €0.00 Mil. Therefore, Cross River Ventures's Gross Margin % for the quarter that ended in Jul. 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 Cross River Ventures's Gross Margin % or its related term are showing as below:


FRA:C6R's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 20.41
* Ranked among companies with meaningful Gross Margin % only.

Cross River Ventures had a gross margin of N/A% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cross River Ventures was 0.00% per year.


Cross River Ventures Gross Margin % Historical Data

The historical data trend for Cross River Ventures'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.

Cross River Ventures Gross Margin % Chart

Cross River Ventures Annual Data
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Cross River Ventures Quarterly Data
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Competitive Comparison of Cross River Ventures's Gross Margin %

For the Gold subindustry, Cross River Ventures'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.


Cross River Ventures's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cross River Ventures's Gross Margin % falls into.



Cross River Ventures 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.)

Cross River Ventures's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

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

Cross River Ventures's Gross Margin for the quarter that ended in Jul. 2024 is calculated as


Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 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.


Cross River Ventures  (FRA:C6R) 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

Cross River Ventures had a gross margin of N/A% for the quarter that ended in Jul. 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.


Cross River Ventures Gross Margin % Related Terms

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Cross River Ventures Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1012, Vancouver, BC, CAN, V6E 2Y3
Cross River Ventures Corp is engaged in the identification, evaluation, exploration, and acquisition of mineral properties. Its projects include the McVicar Gold Project, Shabu Lake Property, Ear Falls Property, and Fuchsite Gold Project among others.

Cross River Ventures Headlines

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