GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galiano Gold Inc (TSX:GAU) » Definitions » Gross Profit

Galiano Gold (TSX:GAU) Gross Profit : C$40.6 Mil (TTM As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Galiano Gold Gross Profit?

Galiano Gold's gross profit for the three months ended in Jun. 2024 was C$34.4 Mil. Galiano Gold's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was C$40.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Galiano Gold's gross profit for the three months ended in Jun. 2024 was C$34.4 Mil. Galiano Gold's Revenue for the three months ended in Jun. 2024 was C$87.7 Mil. Therefore, Galiano Gold's Gross Margin % for the quarter that ended in Jun. 2024 was 39.24%.

Galiano Gold had a gross margin of 39.24% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Galiano Gold was 31.13%. The lowest was 18.50%. And the median was 20.30%.


Galiano Gold Gross Profit Historical Data

The historical data trend for Galiano 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.

Galiano Gold Gross Profit Chart

Galiano Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Galiano Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.05 -0.05 - 6.29 34.40

Competitive Comparison of Galiano Gold's Gross Profit

For the Gold subindustry, Galiano 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.


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

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

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



Galiano Gold Gross Profit Calculation

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

Galiano Gold'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
=0.0

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=87.661 - 53.264
=34.4

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$40.6 Mil.

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

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

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=34.4 / 87.661
=39.24 %

* 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.


Galiano Gold  (TSX:GAU) 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

Galiano Gold had a gross margin of 39.24% for the quarter that ended in Jun. 2024 => Competition eroding margins


Galiano Gold Gross Profit Related Terms

Thank you for viewing the detailed overview of Galiano Gold's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Galiano Gold Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1640, Vancouver, BC, CAN, V6E 3X1
Galiano Gold Inc is focused on building a sustainable business capable of long term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa. Its Asanko Gold Mine is a multi-deposit complex, with two main deposits, the Obotan Project and the Esaase Project, both located in the Amansie West District of the Republic of Ghana, West Africa.
Executives
Paul Nicholas Wright Director
Navin Dyal Director
Maciej Badylak Senior Officer
Krista Muhr Senior Officer
Matthew Freeman Senior Officer
Michael Price Director
Gregory Smith Senior Officer
Dawn Louise Moss Director
Sun Valley Gold Llc 10% Security Holder
Gold Mountains Asset Management Limited 10% Security Holder
Jin Huang Mining Company Limited 10% Security Holder
Zijin Global Fund 10% Security Holder
Fausto Di Trapani Senior Officer
Gordon Fretwell Director