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International Battery Metals (FRA:8RE) Gross Profit : €-0.65 Mil (TTM As of Jun. 2024)


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What is International Battery Metals Gross Profit?

International Battery Metals's gross profit for the three months ended in Jun. 2024 was €-0.18 Mil. International Battery Metals's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. International Battery Metals's gross profit for the three months ended in Jun. 2024 was €-0.18 Mil. International Battery Metals's Revenue for the three months ended in Jun. 2024 was €0.23 Mil. Therefore, International Battery Metals's Gross Margin % for the quarter that ended in Jun. 2024 was -76.86%.

International Battery Metals had a gross margin of -76.86% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


International Battery Metals Gross Profit Historical Data

The historical data trend for International Battery Metals'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.

International Battery Metals Gross Profit Chart

International Battery Metals Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 -0.50 -0.44 -0.96 -0.74

International Battery Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.26 -0.25 -0.26 0.03 -0.18

Competitive Comparison of International Battery Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, International Battery Metals'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.


International Battery Metals's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where International Battery Metals's Gross Profit falls into.



International Battery Metals Gross Profit Calculation

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

International Battery Metals's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.735
=-0.74

International Battery Metals's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0.229 - 0.405
=-0.18

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.65 Mil.

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

International Battery Metals's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.18 / 0.229
=-76.86 %

* 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.


International Battery Metals  (FRA:8RE) 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

International Battery Metals had a gross margin of -76.86% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


International Battery Metals Gross Profit Related Terms

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International Battery Metals Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1750, Royal Centre, Vancouver, BC, CAN, V6E 3P3
International Battery Metals Ltd is a technology company focused on lithium extraction from solar, geothermal brines and oil field brines. The company is in the process of creating and applying intellectual property related to lithium extraction from brines. Its extraction process is environmentally friendly, low cost, and has the potential to produce commercial-grade lithium at a faster rate.

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