Centrex (ASX:CXM) Gross Profit: A$2.57 Mil (TTM As of Jun. 2024)

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What is Centrex Gross Profit?

Centrex ASX:CXM Gross Profit is A$2.57 Mil as of Jun. 2024.

Centrex's gross profit for the six months ended in Jun. 2024 was A$6.01 Mil. Centrex's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was A$2.57 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Centrex's gross profit for the six months ended in Jun. 2024 was A$6.01 Mil. Centrex's Revenue for the six months ended in Jun. 2024 was A$16.39 Mil. Therefore, Centrex's Gross Margin % for the quarter that ended in Jun. 2024 was 36.65%.

Centrex had a gross margin of 36.65% for the quarter that ended in Jun. 2024 => Competition eroding margins


Centrex  (ASX:CXM) 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

Centrex had a gross margin of 36.65% for the quarter that ended in Jun. 2024 => Competition eroding margins


Centrex Gross Profit Related Terms


Centrex Gross Profit Historical Data

* Premium members only.

The historical data trend for Centrex'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.

Centrex Gross Profit Chart

Centrex Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.21 8.03 2.57

Centrex Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 0.33 7.70 -3.44 6.01

Centrex Gross Profit Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Centrex'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.


Centrex Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centrex's Gross Profit distribution charts can be found below:

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



Centrex Gross Profit Calculation

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

Centrex's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=30.651 - 28.086
=2.57

Centrex's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=16.386 - 10.38
=6.01

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.57 Mil.

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

Centrex'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.01 / 16.386
=36.65 %

* 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$2.57 Mil mean?
Centrex (ASX:CXM) has a Gross Profit of A$2.57 Mil as of Jun. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Centrex and its competitors.
Is Centrex's Gross Profit too high?
Centrex's current Gross Profit is A$2.57 Mil.
How does Centrex's Gross Profit compare to competitors?
Centrex's Gross Profit of A$2.57 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining 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 Centrex and its competitors. Centrex's current Gross Profit is A$2.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrex stock overvalued right now?
Centrex (ASX:CXM) has a current Gross Profit of A$2.57 Mil. The current Gross Profit is A$2.57 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 Centrex (ASX:CXM), the current Gross Profit is A$2.57 Mil as of Jun. 2024. 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.

Centrex Business Description

Address 44 Waymouth Street, Level 6, Adelaide, SA, AUS, 5000
Centrex Ltd is a mineral exploration company. The principal activity of the company is an exploration of the following areas: Phosphate project development in Queensland; Potash exploration over wholly-owned tenements in Western Australia; and gold and base metals exploration in New South Wales. Its projects include Ardmore Phosphate Rock Project, Oxley Potash Project, and Goulburn gold/base metals project. The company has two reportable segments Ardmore mining operations and Exploration. The company operates in one geographical segment; Australia.