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CTGCF (Centenario Gold) Gross Profit : $-0.00 Mil (TTM As of Sep. 2024)


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What is Centenario Gold Gross Profit?

Centenario Gold's gross profit for the three months ended in Sep. 2024 was $0.00 Mil. Centenario Gold's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Centenario Gold's gross profit for the three months ended in Sep. 2024 was $0.00 Mil. Centenario Gold's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Therefore, Centenario Gold's Gross Margin % for the quarter that ended in Sep. 2024 was N/A%.

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


Centenario Gold Gross Profit Historical Data

The historical data trend for Centenario Gold'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.

Centenario Gold Gross Profit Chart

Centenario Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
- - -0.04 -0.01

Centenario Gold Quarterly Data
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 - - - - -

Competitive Comparison of Centenario Gold's Gross Profit

For the Gold subindustry, Centenario Gold'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.


Centenario Gold's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Centenario Gold's Gross Profit falls into.


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Centenario Gold Gross Profit Calculation

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

Centenario Gold'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
=0 - 0.007
=-0.01

Centenario Gold'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 - 0
=0.00

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 $-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.)

Centenario Gold'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
=0.00 / 0
=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.


Centenario Gold  (OTCPK:CTGCF) 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

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


Centenario Gold Gross Profit Related Terms

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Centenario Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Centenario Gold Corp is engaged in acquiring, exploring, and developing interests in mineral projects in Mexico. The company's project include The EDEN Project. The EDEN Project forms part of the historical Guadalupe los Reyes Mining District near Cosala, in southeast Sinaloa State, Mexico, The Property sits just north of Prime Mining Corp's Los Reyes gold-silver project and includes 2 adjoining mineral claims called El Eden and El Eden 1 which total 2,489 hectares.