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LMSQF (Latin Metals) Gross Profit : $-0.00 Mil (TTM As of Jan. 2025)


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What is Latin Metals Gross Profit?

Latin Metals's gross profit for the three months ended in Jan. 2025 was $0.00 Mil. Latin Metals's gross profit for the trailing twelve months (TTM) ended in Jan. 2025 was $-0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Latin Metals's gross profit for the three months ended in Jan. 2025 was $0.00 Mil. Latin Metals's Revenue for the three months ended in Jan. 2025 was $0.00 Mil. Therefore, Latin Metals's Gross Margin % for the quarter that ended in Jan. 2025 was N/A%.

Latin Metals had a gross margin of N/A% for the quarter that ended in Jan. 2025 => No sustainable competitive advantage


Latin Metals Gross Profit Historical Data

The historical data trend for Latin 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.

Latin Metals Gross Profit Chart

Latin Metals Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 -0.03 -0.02

Latin Metals Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -0.01 - - - -

Competitive Comparison of Latin Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Latin 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.


Latin Metals's Gross Profit Distribution in the Metals & Mining Industry

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

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


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Latin Metals Gross Profit Calculation

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

Latin Metals's Gross Profit for the fiscal year that ended in Oct. 2024 is calculated as

Gross Profit (A: Oct. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.015
=-0.02

Latin Metals's Gross Profit for the quarter that ended in Jan. 2025 is calculated as

Gross Profit (Q: Jan. 2025 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2025 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.)

Latin Metals's Gross Margin % for the quarter that ended in Jan. 2025 is calculated as

Gross Margin % (Q: Jan. 2025 )=Gross Profit (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=(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.


Latin Metals  (OTCPK:LMSQF) 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

Latin Metals had a gross margin of N/A% for the quarter that ended in Jan. 2025 => No sustainable competitive advantage


Latin Metals Gross Profit Related Terms

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Latin Metals Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 890, Vancouver, BC, CAN, V6C 2W2
Latin Metals Inc is a resource exploration company. It is focused on precious metals and copper projects in historically resource-rich regions of South America, specifically in Peru and Argentina. The company operates on a prospect generator model, focusing on acquiring prospective exploration properties at minimum cost, followed by initial evaluation through the cost-effective exploration to establish drill targets. It has one mineral resource industry segment and operates in Canada, Argentina, and Peru.