Bass Oil (ASX:BAS) Gross Profit: A$2.02 Mil (TTM As of Dec. 2025)

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What is Bass Oil Gross Profit?

Bass Oil ASX:BAS -2.08% Gross Profit is A$2.02 Mil as of Dec. 2025. The stock has 2 warning signs investors should review.

Bass Oil's gross profit for the six months ended in Dec. 2025 was A$0.02 Mil. Bass Oil's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bass Oil's gross profit for the six months ended in Dec. 2025 was A$0.02 Mil. Bass Oil's Revenue for the six months ended in Dec. 2025 was A$1.44 Mil. Therefore, Bass Oil's Gross Margin % for the quarter that ended in Dec. 2025 was 1.18%.

Bass Oil had a gross margin of 1.18% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Bass Oil was 52.80%. The lowest was 20.62%. And the median was 36.83%.


Bass Oil  (ASX:BAS) Gross Profit 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

Bass Oil had a gross margin of 1.18% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Bass Oil Gross Profit Related Terms


Bass Oil Gross Profit Historical Data

* Premium members only.

The historical data trend for Bass Oil's Gross Profit 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.

Bass Oil Gross Profit Chart

Bass Oil Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 3.96 3.54 2.55 2.02

Bass Oil Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.33 1.19 1.35 2.01 0.02

ASX:BAS vs COP, EOG, FANG: Gross Profit Comparison

For the Oil & Gas E&P subindustry, Bass Oil's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Bass Oil Gross Profit vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bass Oil's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bass Oil's Gross Profit falls into.



Bass Oil Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Bass Oil's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=7.112 - 5.088
=2.02

Bass Oil's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=1.436 - 1.419
=0.02

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.02 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Bass Oil's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.02 / 1.436
=1.18 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of A$2.02 Mil mean?
Bass Oil (ASX:BAS) has a Gross Profit of A$2.02 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Bass Oil and its competitors.
Is Bass Oil's Gross Profit too high?
Bass Oil's current Gross Profit is A$2.02 Mil.
How does Bass Oil's Gross Profit compare to COP and EOG?
Bass Oil's Gross Profit of A$2.02 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Bass Oil and its competitors. Bass Oil's current Gross Profit is A$2.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bass Oil stock overvalued right now?
Based on GuruFocus' analysis, Bass Oil (ASX:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.05 — trading 17.5% above its estimated fair value. The current Gross Profit is A$2.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Bass Oil (ASX:BAS), the current Gross Profit is A$2.02 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bass Oil Business Description

Industry EnergyOil & Gas
Address 11-19 Bank Place, Level 5, Melbourne, VIC, AUS, 3000
Bass Oil Ltd is engaged in oil production from owned oil-producing assets in the Cooper Basin, South Australia, and in the Tangai-Sukananti licence in the prolific South Sumatra Basin, Indonesia. It has two geographic segments, Australia and Indonesia, for the exploration, development, and production of oil and gas. The company generates the majority of its revenue from the Australia segment.