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Infini Resources (ASX:I88) Gross Profit : A$0.00 Mil (TTM As of Dec. 2024)


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What is Infini Resources Gross Profit?

Infini Resources's gross profit for the six months ended in Dec. 2024 was A$0.00 Mil. Infini Resources's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was A$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Infini Resources's gross profit for the six months ended in Dec. 2024 was A$0.00 Mil. Infini Resources's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Therefore, Infini Resources's Gross Margin % for the quarter that ended in Dec. 2024 was N/A%.

Infini Resources had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Infini Resources Gross Profit Historical Data

The historical data trend for Infini Resources'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.

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Infini Resources Gross Profit Chart

Infini Resources Annual Data
Trend Jun23 Jun24
Gross Profit
- -

Infini Resources Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Gross Profit - - - -

Competitive Comparison of Infini Resources's Gross Profit

For the Other Industrial Metals & Mining subindustry, Infini Resources'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.


Infini Resources's Gross Profit Distribution in the Metals & Mining Industry

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

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


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Infini Resources Gross Profit Calculation

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

Infini Resources'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
=0 - 0
=0.00

Infini Resources's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Infini Resources's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 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.


Infini Resources  (ASX:I88) 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

Infini Resources had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Infini Resources Gross Profit Related Terms

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Infini Resources Business Description

Traded in Other Exchanges
N/A
Address
108 St Georges Terrace, Level 50, Perth, WA, AUS, 6000
Infini Resources Ltd is a company focused on identification of geological opportunities and exploration for Lithium, Uranium and various other minerals. The company has eight projects in Canada and Australia. The Projects of the company involve Paterson lake Project, Pegasus Project, Valor Project, Parna Project, Des Herbiers Project, Portland Creek Project, Tinco Project and Yeelirrie North Project.

Infini Resources Headlines

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