West African Resources (ASX:WAF) Gross Profit: A$973 Mil (TTM As of Dec. 2025)

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ASX:WAF West African Resources Ltd ASX:WAF
96 GF Score
Price A$2.80
GF Value A$4.68
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is West African Resources Gross Profit?

West African Resources ASX:WAF -5.08% 96 Gross Profit is A$973 Mil as of Dec. 2025. GuruFocus rates ASX:WAF with a GF Score™ of 96/100 and a GF Value™ of A$4.68 (Significantly Undervalued). The stock has 3 warning signs investors should review.

West African Resources's gross profit for the six months ended in Dec. 2025 was A$675 Mil. West African Resources's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$973 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. West African Resources's gross profit for the six months ended in Dec. 2025 was A$675 Mil. West African Resources's Revenue for the six months ended in Dec. 2025 was A$1,061 Mil. Therefore, West African Resources's Gross Margin % for the quarter that ended in Dec. 2025 was 63.64%.

West African Resources had a gross margin of 63.64% for the quarter that ended in Dec. 2025 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of West African Resources was 64.93%. The lowest was 53.84%. And the median was 59.59%.


West African Resources  (ASX:WAF) 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

West African Resources had a gross margin of 63.64% for the quarter that ended in Dec. 2025 => Durable competitive advantage


West African Resources Gross Profit Related Terms


West African Resources Gross Profit Historical Data

* Premium members only.

The historical data trend for West African 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.

West African Resources Gross Profit Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 461.97 340.45 354.73 421.81 972.80

West African Resources 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 185.01 193.26 228.55 297.66 675.14

ASX:WAF vs NEM, AU: Gross Profit Comparison

For the Gold subindustry, West African 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.


West African Resources Gross Profit vs Metals & Mining Industry

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

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


ASX:WAF
96GF Score
West African Resources Ltd ASX:WAF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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West African Resources Gross Profit Calculation

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

West African Resources'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
=1533.8 - 561
=973

West African Resources's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=1060.847 - 385.703
=675

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$973 Mil.

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

West African Resources'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
=675 / 1060.847
=63.64 %

* 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$973 Mil mean?
West African Resources (ASX:WAF) has a Gross Profit of A$973 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on West African Resources and its competitors.
Is West African Resources' Gross Profit too high?
West African Resources' current Gross Profit is A$973 Mil. Overall, West African Resources has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Gross Profit compare to NEM and AU?
West African Resources' Gross Profit of A$973 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 West African Resources and its competitors. West African Resources's current Gross Profit is A$973 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$4.68, compared to a current price of A$2.80 — trading 40.2% below its estimated fair value. The current Gross Profit is A$973 Mil. West African Resources' overall GF Score™ is 96/100 with 3 warning signs to review. 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 West African Resources (ASX:WAF), the current Gross Profit is A$973 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.

Is West African Resources (ASX:WAF) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of A$2.80 is trading 40.2% below its estimated GF Value™ of A$4.68. GuruFocus considers West African Resources to be Significantly Undervalued.

Key valuation signals for ASX:WAF:

  • Gross Profit: A$973 Mil
  • GF Value™: A$4.68 vs. price of A$2.80 (40.2% below fair value)
  • GF Score™: 96/100 with 3 warning signs

No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West African Resources Business Description

Other Exchanges WFRSF:USAW25:Germany
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
96GF Score

Get the complete analysis for ASX:WAF

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.80
Price
A$4.68
GF Value