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Borealis Mining Co (FRA:L4B0) Gross Profit : €0.00 Mil (TTM As of Jul. 2024)


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What is Borealis Mining Co Gross Profit?

Borealis Mining Co's gross profit for the three months ended in Jul. 2024 was €0.00 Mil. Borealis Mining Co's gross profit for the trailing twelve months (TTM) ended in Jul. 2024 was €0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Borealis Mining Co's gross profit for the three months ended in Jul. 2024 was €0.00 Mil. Borealis Mining Co's Revenue for the three months ended in Jul. 2024 was €0.12 Mil. Therefore, Borealis Mining Co's Gross Margin % for the quarter that ended in Jul. 2024 was 0.00%.

Borealis Mining Co had a gross margin of 0.00% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

During the past 2 years, the highest Gross Margin % of Borealis Mining Co was 12.96%. The lowest was 12.96%. And the median was 12.96%.


Borealis Mining Co Gross Profit Historical Data

The historical data trend for Borealis Mining Co'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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Borealis Mining Co Gross Profit Chart

Borealis Mining Co Annual Data
Trend Jul23 Jul24
Gross Profit
- 0.12

Borealis Mining Co Quarterly Data
Apr23 Jul23 Apr24 Jul24
Gross Profit - -0.18 - -

Competitive Comparison of Borealis Mining Co's Gross Profit

For the Other Industrial Metals & Mining subindustry, Borealis Mining Co'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.


Borealis Mining Co's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Borealis Mining Co's Gross Profit falls into.



Borealis Mining Co Gross Profit Calculation

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

Borealis Mining Co's Gross Profit for the fiscal year that ended in Jul. 2024 is calculated as

Gross Profit (A: Jul. 2024 )=Revenue - Cost of Goods Sold
=0.918 - 0.799
=0.12

Borealis Mining Co's Gross Profit for the quarter that ended in Jul. 2024 is calculated as

Gross Profit (Q: Jul. 2024 )=Revenue - Cost of Goods Sold
=0.12 - 0.12
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jul. 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.

Borealis Mining Co's Gross Margin % for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0.12
=0.00 %

* 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.


Borealis Mining Co  (FRA:L4B0) 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

Borealis Mining Co had a gross margin of 0.00% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage


Borealis Mining Co Gross Profit Related Terms

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Borealis Mining Co Business Description

Comparable Companies
Traded in Other Exchanges
Address
410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3
Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada.

Borealis Mining Co Headlines

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