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Latitude 66's gross profit for the
six
months ended in Dec. 2025 was A$0.00 Mil. Latitude 66's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.00 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Latitude 66's gross profit for the
six
months ended in Dec. 2025 was A$0.00 Mil. Latitude 66's Revenue for the
six
months ended in Dec. 2025 was A$0.00 Mil. Therefore, Latitude 66's Gross Margin % for the quarter that ended in Dec. 2025 was N/A%.
Latitude 66 had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
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
Latitude 66 had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Latitude 66 Gross Profit Related Terms
Latitude 66 Gross Profit Historical Data
* Premium members only.
The historical data trend for Latitude 66'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.
For the Gold subindustry, Latitude 66'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.
Latitude 66 Gross Profit vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Latitude 66's Gross Profit distribution charts can be found below:
* The bar in red indicates where Latitude 66's Gross Profit falls into.
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$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.)
* 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.
Latitude 66 (ASX:LAT) has a Gross Profit of A$0.00 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Latitude 66 and its competitors.
Is Latitude 66's Gross Profit too high?
Latitude 66's current Gross Profit is A$0.00 Mil.
How does Latitude 66's Gross Profit compare to NEM and AU?
Latitude 66's Gross Profit of A$0.00 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 Latitude 66 and its competitors. Latitude 66's current Gross Profit is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latitude 66 stock overvalued right now?
Latitude 66 (ASX:LAT) has a current Gross Profit of A$0.00 Mil. The current Gross Profit is A$0.00 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 Latitude 66 (ASX:LAT), the current Gross Profit is A$0.00 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.
Latitude 66 Ltd is engaged in development and exploration projects providing exposure to gold and critical minerals in safe mining jurisdictions in Finland and Australia. Its project include Kuusamo Schist Belt, Greater Duchess JV, Sylvania Project and Edjudina Project.
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