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Nickel Industries (ASX:NIC) Gross Profit : A$485 Mil (TTM As of Dec. 2024)


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What is Nickel Industries Gross Profit?

Nickel Industries's gross profit for the six months ended in Dec. 2024 was A$244 Mil. Nickel Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was A$485 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nickel Industries's gross profit for the six months ended in Dec. 2024 was A$244 Mil. Nickel Industries's Revenue for the six months ended in Dec. 2024 was A$1,423 Mil. Therefore, Nickel Industries's Gross Margin % for the quarter that ended in Dec. 2024 was 17.15%.

Nickel Industries had a gross margin of 17.15% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Nickel Industries was 39.13%. The lowest was 18.02%. And the median was 31.43%.

Warning Sign:

Nickel Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.7%.


Nickel Industries Gross Profit Historical Data

The historical data trend for Nickel Industries'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.

* Premium members only.

Nickel Industries Gross Profit Chart

Nickel Industries Annual Data
Trend Jun19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 268.16 353.32 534.15 671.83 496.84

Nickel Industries Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 255.81 263.69 407.43 241.12 244.03

Competitive Comparison of Nickel Industries's Gross Profit

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.


Nickel Industries's Gross Profit Distribution in the Metals & Mining Industry

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

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


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Nickel Industries Gross Profit Calculation

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

Nickel Industries's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=2754.491 - 2257.652
=497

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1422.951 - 1178.921
=244

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$485 Mil.

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

Nickel Industries'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
=244 / 1422.951
=17.15 %

* 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.


Nickel Industries  (ASX:NIC) 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

Nickel Industries had a gross margin of 17.15% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Nickel Industries Gross Profit Related Terms

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Nickel Industries Business Description

Traded in Other Exchanges
Address
66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in close proximity to the IMIP.