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Inspiration Energy (XCNQ:ISP) Gross Margin % : 0.00% (As of Oct. 2024)


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What is Inspiration Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Inspiration Energy's Gross Profit for the three months ended in Oct. 2024 was C$0.00 Mil. Inspiration Energy's Revenue for the three months ended in Oct. 2024 was C$0.00 Mil. Therefore, Inspiration Energy's Gross Margin % for the quarter that ended in Oct. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


XCNQ:ISP's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 21.75
* Ranked among companies with meaningful Gross Margin % only.

Inspiration Energy had a gross margin of N/A% for the quarter that ended in Oct. 2024 => No sustainable competitive advantage

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


Inspiration Energy Gross Margin % Historical Data

The historical data trend for Inspiration Energy'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.

Inspiration Energy Gross Margin % Chart

Inspiration Energy Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Gross Margin %
- - - -

Inspiration Energy Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Inspiration Energy's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Inspiration Energy'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.


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

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

* The bar in red indicates where Inspiration Energy's Gross Margin % falls into.


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Inspiration Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Inspiration Energy's Gross Margin for the fiscal year that ended in Apr. 2024 is calculated as

Gross Margin % (A: Apr. 2024 )=Gross Profit (A: Apr. 2024 ) / Revenue (A: Apr. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Inspiration Energy'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 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Inspiration Energy  (XCNQ:ISP) 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

Inspiration Energy had a gross margin of N/A% for the quarter that ended in Oct. 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.


Inspiration Energy Gross Margin % Related Terms

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Inspiration Energy Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Inspiration Energy Corp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop properties of merit and to conduct exploration on the company's properties. Its projects portfolio includes Plateau, Ledge, Bentley, Maraschino, and Stockwork.

Inspiration Energy Headlines

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