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Kalo Gold (Kalo Gold) Gross Profit : $-0.03 Mil (TTM As of Feb. 2024)


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What is Kalo Gold Gross Profit?

Kalo Gold's gross profit for the three months ended in Feb. 2024 was $-0.01 Mil. Kalo Gold's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.03 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kalo Gold's gross profit for the three months ended in Feb. 2024 was $-0.01 Mil. Kalo Gold's Revenue for the three months ended in Feb. 2024 was $0.00 Mil. Therefore, Kalo Gold's Gross Margin % for the quarter that ended in Feb. 2024 was %.

Kalo Gold had a gross margin of % for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Kalo Gold Gross Profit Historical Data

The historical data trend for Kalo 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.

Kalo Gold Gross Profit Chart

Kalo Gold Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Gross Profit
- -0.01 -0.02 -0.03

Kalo Gold Quarterly Data
Dec19 Aug20 Dec20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Kalo Gold's Gross Profit

For the Gold subindustry, Kalo 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.


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

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

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



Kalo Gold Gross Profit Calculation

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

Kalo Gold's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=0 - 0.027
=-0.03

Kalo Gold's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.006
=-0.01

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

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

Kalo Gold's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.01 / 0
= %

* 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.


Kalo Gold  (OTCPK:KLGDF) 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

Kalo Gold had a gross margin of % for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Kalo Gold Gross Profit Related Terms

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Kalo Gold (Kalo Gold) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
Kalo Gold Corp is a mineral exploration company focused on the Vatu Aurum gold project on Fiji's north island, Vanua Levu. Geographic revenue is recognized in Canada, Fiji, British Virgin Islands.