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Fireweed Metals (STU:M0G) Gross Profit : €-0.41 Mil (TTM As of Mar. 2024)


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What is Fireweed Metals Gross Profit?

Fireweed Metals's gross profit for the three months ended in Mar. 2024 was €-0.11 Mil. Fireweed Metals's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.41 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fireweed Metals's gross profit for the three months ended in Mar. 2024 was €-0.11 Mil. Fireweed Metals's Revenue for the three months ended in Mar. 2024 was €0.00 Mil. Therefore, Fireweed Metals's Gross Margin % for the quarter that ended in Mar. 2024 was %.

Fireweed Metals had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Fireweed Metals Gross Profit Historical Data

The historical data trend for Fireweed 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.

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Fireweed Metals Gross Profit Chart

Fireweed Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial - -0.01 -0.03 -0.03 -0.31

Fireweed Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.06 -0.13 -0.11 -0.11

Competitive Comparison of Fireweed Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Fireweed 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.


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

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

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



Fireweed Metals Gross Profit Calculation

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

Fireweed Metals's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0.308
=-0.31

Fireweed Metals's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.112
=-0.11

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.41 Mil.

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

Fireweed Metals's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.11 / 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.


Fireweed Metals  (STU:M0G) 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

Fireweed Metals had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Fireweed Metals Gross Profit Related Terms

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Fireweed Metals (STU:M0G) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
Fireweed Metals Corp is a mineral exploration and development company engaged in the acquisition and exploration of mineral assets in Canada. The Company had three projects in northern Canada, the Macmillan Pass Project (Yukon), the Mactung Project (Yukon/NWT), and the Gayna River Zinc Project (NWT).

Fireweed Metals (STU:M0G) Headlines

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