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Manuka Resources (STU:6M0A) Gross Margin % : -434.95% (As of Jun. 2024)


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What is Manuka Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Manuka Resources's Gross Profit for the six months ended in Jun. 2024 was €-1.98 Mil. Manuka Resources's Revenue for the six months ended in Jun. 2024 was €0.46 Mil. Therefore, Manuka Resources's Gross Margin % for the quarter that ended in Jun. 2024 was -434.95%.


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

STU:6M0A' s Gross Margin % Range Over the Past 10 Years
Min: -145.71   Med: -21.69   Max: 22.58
Current: -44.38


During the past 4 years, the highest Gross Margin % of Manuka Resources was 22.58%. The lowest was -145.71%. And the median was -21.69%.

STU:6M0A's Gross Margin % is ranked worse than
94.93% of 690 companies
in the Metals & Mining industry
Industry Median: 20.41 vs STU:6M0A: -44.38

Manuka Resources had a gross margin of -434.95% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

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


Manuka Resources Gross Margin % Historical Data

The historical data trend for Manuka Resources'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.

Manuka Resources Gross Margin % Chart

Manuka Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Gross Margin %
1.00 22.58 -145.70 -44.38

Manuka Resources Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only -21.04 -84.37 -708.29 -24.45 -434.95

Competitive Comparison of Manuka Resources's Gross Margin %

For the Other Precious Metals & Mining subindustry, Manuka Resources'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.


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

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

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



Manuka Resources Gross Margin % Calculation

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

Manuka Resources'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 )
=-4.2 / 9.373
=(Revenue - Cost of Goods Sold) / Revenue
=(9.373 - 13.533) / 9.373
=-44.38 %

Manuka Resources's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-2 / 0.455
=(Revenue - Cost of Goods Sold) / Revenue
=(0.455 - 2.434) / 0.455
=-434.95 %

* 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.


Manuka Resources  (STU:6M0A) 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

Manuka Resources had a gross margin of -434.95% for the quarter that ended in Jun. 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.


Manuka Resources Gross Margin % Related Terms

Thank you for viewing the detailed overview of Manuka Resources's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Manuka Resources Business Description

Traded in Other Exchanges
Address
201 Kent Street, Level 4, Grafton Bond Building, Sydney, NSW, AUS, 2000
Manuka Resources Ltd is a mineral resource company. The company's operating segment includes Exploration in Australia, Exploration in New Zealand and Operations. It generates maximum revenue from the Operations segment. The Operations segment engages in the appraisal, development, and processing of gold and silver deposits.

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