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Vision Lithium (STU:1AJ2) Gross Profit : €-0.02 Mil (TTM As of May. 2024)


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What is Vision Lithium Gross Profit?

Vision Lithium's gross profit for the three months ended in May. 2024 was €-0.01 Mil. Vision Lithium's gross profit for the trailing twelve months (TTM) ended in May. 2024 was €-0.02 Mil.

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

Vision Lithium had a gross margin of % for the quarter that ended in May. 2024 => No sustainable competitive advantage


Vision Lithium Gross Profit Historical Data

The historical data trend for Vision Lithium'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.

Vision Lithium Gross Profit Chart

Vision Lithium Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.02 -0.01 -0.01

Vision Lithium Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.01

Competitive Comparison of Vision Lithium's Gross Profit

For the Other Industrial Metals & Mining subindustry, Vision Lithium'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.


Vision Lithium's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vision Lithium's Gross Profit falls into.



Vision Lithium Gross Profit Calculation

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

Vision Lithium'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 - 0.008
=-0.01

Vision Lithium's Gross Profit for the quarter that ended in May. 2024 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.02 Mil.

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

Vision Lithium's Gross Margin % for the quarter that ended in May. 2024 is calculated as

Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 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.


Vision Lithium  (STU:1AJ2) 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

Vision Lithium had a gross margin of % for the quarter that ended in May. 2024 => No sustainable competitive advantage


Vision Lithium Gross Profit Related Terms

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Vision Lithium Business Description

Traded in Other Exchanges
Address
1019, Boulevard Des Pins, 2nd Floor, Val-d'OR, QC, CAN, J9P 4T2
Vision Lithium Inc is a junior exploration company focused on exploring and developing high quality battery mineral assets including lithium and copper in safe jurisdictions, predominantly in Canada. The company's project includes Godslith Property, Cadillac, Sirmac Property, Dome Lemieux property, and others.

Vision Lithium Headlines

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