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ATRWF (Altius Renewable Royalties) Gross Profit : $3.78 Mil (TTM As of Sep. 2024)


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What is Altius Renewable Royalties Gross Profit?

Altius Renewable Royalties's gross profit for the three months ended in Sep. 2024 was $0.83 Mil. Altius Renewable Royalties's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $3.78 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Altius Renewable Royalties's gross profit for the three months ended in Sep. 2024 was $0.83 Mil. Altius Renewable Royalties's Revenue for the three months ended in Sep. 2024 was $0.83 Mil. Therefore, Altius Renewable Royalties's Gross Margin % for the quarter that ended in Sep. 2024 was N/A%.

Altius Renewable Royalties had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Altius Renewable Royalties Gross Profit Historical Data

The historical data trend for Altius Renewable Royalties'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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Altius Renewable Royalties Gross Profit Chart

Altius Renewable Royalties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 0.22 0.17 0.08 0.78 2.67

Altius Renewable Royalties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.52 0.97 1.09 0.89 0.83

Competitive Comparison of Altius Renewable Royalties's Gross Profit

For the Utilities - Renewable subindustry, Altius Renewable Royalties'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.


Altius Renewable Royalties's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altius Renewable Royalties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Altius Renewable Royalties's Gross Profit falls into.



Altius Renewable Royalties Gross Profit Calculation

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

Altius Renewable Royalties's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2.665 - 0
=2.67

Altius Renewable Royalties's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0.827 - 0
=0.83

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.78 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.)

Altius Renewable Royalties's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.83 / 0.827
=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.


Altius Renewable Royalties  (OTCPK:ATRWF) 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

Altius Renewable Royalties had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Altius Renewable Royalties Gross Profit Related Terms

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Altius Renewable Royalties Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, Saint Johns, NL, CAN, A1B 4M5
Altius Renewable Royalties Corp is a renewable energy royalty company whose business is to invest in renewable power developers and originators. The company's long-term objective is to gain exposure to revenue underlying renewable energy operations by acquiring and managing a portfolio of diversified renewable energy royalties including acquiring royalties and other interests directly from project originators, developers, operators, and third-party holders of existing royalties. The Company manages its business under one operating segment consisting of the acquisition and management of renewable energy investments and royalties in North America.