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Bluelake Mineral AB (NGM:BLUE) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Bluelake Mineral AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bluelake Mineral AB's Gross Profit for the three months ended in Sep. 2024 was kr-1.22 Mil. Bluelake Mineral AB's Revenue for the three months ended in Sep. 2024 was kr0.00 Mil. Therefore, Bluelake Mineral AB's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%.


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


During the past 12 years, the highest Gross Margin % of Bluelake Mineral AB was -323.53%. The lowest was -2380.00%. And the median was -1351.77%.

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

Bluelake Mineral AB 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 Bluelake Mineral AB was 0.00% per year.


Bluelake Mineral AB Gross Margin % Historical Data

The historical data trend for Bluelake Mineral AB'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.

Bluelake Mineral AB Gross Margin % Chart

Bluelake Mineral AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Bluelake Mineral AB 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 Bluelake Mineral AB's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Bluelake Mineral AB'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.


Bluelake Mineral AB's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bluelake Mineral AB's Gross Margin % falls into.



Bluelake Mineral AB Gross Margin % Calculation

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

Bluelake Mineral AB's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-6.9 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 6.945) / 0
= %

Bluelake Mineral AB'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 )
=-1.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 1.223) / 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.


Bluelake Mineral AB  (NGM:BLUE) 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

Bluelake Mineral AB 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.


Bluelake Mineral AB Gross Margin % Related Terms

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Bluelake Mineral AB Business Description

Traded in Other Exchanges
Address
Brahegatan 29, Stockholm, SWE, 114 37
Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.