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Avarone Metals (FRA:W2U1) Gross Margin % : 0.00% (As of Jan. 2024)


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What is Avarone Metals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Avarone Metals's Gross Profit for the three months ended in Jan. 2024 was €-0.01 Mil. Avarone Metals's Revenue for the three months ended in Jan. 2024 was €0.00 Mil. Therefore, Avarone Metals's Gross Margin % for the quarter that ended in Jan. 2024 was 0.00%.


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


FRA:W2U1's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.17
* Ranked among companies with meaningful Gross Margin % only.

Avarone Metals had a gross margin of % for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

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


Avarone Metals Gross Margin % Historical Data

The historical data trend for Avarone 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.

Avarone Metals Gross Margin % Chart

Avarone Metals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Margin %
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Avarone Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Avarone Metals's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Avarone 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.


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

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

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



Avarone Metals Gross Margin % Calculation

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

Avarone Metals's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.053) / 0
= %

Avarone Metals's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.013) / 0
= %

* 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.


Avarone Metals  (FRA:W2U1) 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

Avarone Metals had a gross margin of % for the quarter that ended in Jan. 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.


Avarone Metals Gross Margin % Related Terms

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Avarone Metals (FRA:W2U1) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 610, Vancouver, BC, CAN, V6C 1G8
Avarone Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company operates in one segment.

Avarone Metals (FRA:W2U1) Headlines

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