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Avalon Advanced Materials (Avalon Advanced Materials) Gross Profit : $-0.05 Mil (TTM As of Nov. 2023)


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What is Avalon Advanced Materials Gross Profit?

Avalon Advanced Materials's gross profit for the three months ended in Nov. 2023 was $0.01 Mil. Avalon Advanced Materials's gross profit for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Avalon Advanced Materials's gross profit for the three months ended in Nov. 2023 was $0.01 Mil. Avalon Advanced Materials's Revenue for the three months ended in Nov. 2023 was $0.05 Mil. Therefore, Avalon Advanced Materials's Gross Margin % for the quarter that ended in Nov. 2023 was 19.61%.

Avalon Advanced Materials had a gross margin of 19.61% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Avalon Advanced Materials was 79.02%. The lowest was -927.27%. And the median was 3.29%.


Avalon Advanced Materials Gross Profit Historical Data

The historical data trend for Avalon Advanced Materials'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.

Avalon Advanced Materials Gross Profit Chart

Avalon Advanced Materials Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.03 0.02 -0.02 -0.08

Avalon Advanced Materials Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Feb23 May23 Nov23
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 -0.03 -0.03 -0.02 -0.03 0.01

Competitive Comparison of Avalon Advanced Materials's Gross Profit

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.


Avalon Advanced Materials's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avalon Advanced Materials's Gross Profit falls into.



Avalon Advanced Materials Gross Profit Calculation

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

Avalon Advanced Materials's Gross Profit for the fiscal year that ended in Aug. 2021 is calculated as

Gross Profit (A: Aug. 2021 )=Revenue - Cost of Goods Sold
=0.009 - 0.09
=-0.08

Avalon Advanced Materials's Gross Profit for the quarter that ended in Nov. 2023 is calculated as

Gross Profit (Q: Nov. 2023 )=Revenue - Cost of Goods Sold
=0.051 - 0.041
=0.01

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

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

Avalon Advanced Materials's Gross Margin % for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.01 / 0.051
=19.61 %

* 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.


Avalon Advanced Materials  (OTCPK:AVLNF) 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

Avalon Advanced Materials had a gross margin of 19.61% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage


Avalon Advanced Materials Gross Profit Related Terms

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Avalon Advanced Materials (Avalon Advanced Materials) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 1901, Toronto, ON, CAN, M5H 3P5
Avalon Advanced Materials Inc is a mineral exploration and development company. The projects of the company includes East Kemptville, Lilypad, Nechalacho, Separation Rapids, and Warren Township.

Avalon Advanced Materials (Avalon Advanced Materials) Headlines