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Borealis Mining Co (FRA:L4B0) Gross Margin % : 35.64% (As of Oct. 2024)


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What is Borealis Mining Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Borealis Mining Co's Gross Profit for the three months ended in Oct. 2024 was €0.31 Mil. Borealis Mining Co's Revenue for the three months ended in Oct. 2024 was €0.87 Mil. Therefore, Borealis Mining Co's Gross Margin % for the quarter that ended in Oct. 2024 was 35.64%.


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

FRA:L4B0' s Gross Margin % Range Over the Past 10 Years
Min: 12.96   Med: 12.96   Max: 31.42
Current: 31.42


During the past 2 years, the highest Gross Margin % of Borealis Mining Co was 31.42%. The lowest was 12.96%. And the median was 12.96%.

FRA:L4B0's Gross Margin % is ranked better than
63.26% of 694 companies
in the Metals & Mining industry
Industry Median: 21.135 vs FRA:L4B0: 31.42

Borealis Mining Co had a gross margin of 35.64% for the quarter that ended in Oct. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Borealis Mining Co was 0.00% per year.


Borealis Mining Co Gross Margin % Historical Data

The historical data trend for Borealis Mining Co'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.

Borealis Mining Co Gross Margin % Chart

Borealis Mining Co Annual Data
Trend Jul23 Jul24
Gross Margin %
- 12.96

Borealis Mining Co Quarterly Data
Apr23 Jul23 Oct23 Apr24 Jul24 Oct24
Gross Margin % Get a 7-Day Free Trial - 14.90 - - 35.64

Competitive Comparison of Borealis Mining Co's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Borealis Mining Co'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.


Borealis Mining Co's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Borealis Mining Co's Gross Margin % falls into.



Borealis Mining Co Gross Margin % Calculation

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

Borealis Mining Co's Gross Margin for the fiscal year that ended in Jul. 2024 is calculated as

Gross Margin % (A: Jul. 2024 )=Gross Profit (A: Jul. 2024 ) / Revenue (A: Jul. 2024 )
=0.1 / 0.918
=(Revenue - Cost of Goods Sold) / Revenue
=(0.918 - 0.799) / 0.918
=12.96 %

Borealis Mining Co's Gross Margin for the quarter that ended in Oct. 2024 is calculated as


Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=0.3 / 0.867
=(Revenue - Cost of Goods Sold) / Revenue
=(0.867 - 0.558) / 0.867
=35.64 %

* 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.


Borealis Mining Co  (FRA:L4B0) 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

Borealis Mining Co had a gross margin of 35.64% for the quarter that ended in Oct. 2024 => Competition eroding margins


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.


Borealis Mining Co Gross Margin % Related Terms

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Borealis Mining Co Business Description

Traded in Other Exchanges
Address
410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3
Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada.

Borealis Mining Co Headlines

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