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MACQF (Themac Resources Group) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Themac Resources Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Themac Resources Group's Gross Profit for the three months ended in Sep. 2024 was $-0.00 Mil. Themac Resources Group's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Therefore, Themac Resources Group's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%.


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


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

Themac Resources Group had a gross margin of % for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Themac Resources Group Gross Margin % Historical Data

The historical data trend for Themac Resources Group'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.

Themac Resources Group Gross Margin % Chart

Themac Resources Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
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Themac Resources Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Themac Resources Group's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Themac Resources Group'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.


Themac Resources Group's Gross Margin % Distribution in the Metals & Mining Industry

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

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



Themac Resources Group Gross Margin % Calculation

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

Themac Resources Group'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 - 0.004) / 0
= %

Themac Resources Group's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.002) / 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.


Themac Resources Group  (OTCPK:MACQF) 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

Themac Resources Group had a gross margin of % for the quarter that ended in Sep. 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.


Themac Resources Group Gross Margin % Related Terms

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Themac Resources Group Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Themac Resources Group Ltd is a mineral exploration company that acquires, explores, and develops natural resource properties. Its project includes the Copper Flat mine. The Company has one operating segment: the exploration and development of its mineral property. The Copper Flat Project of the company is located Hillsboro mining district of New Mexico, United States of America is the focused project of the company.

Themac Resources Group Headlines

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