Vox Royalty (TSX:VOXR) Gross Profit : C$13.48 Mil (TTM As of Dec. 2023)

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What is Vox Royalty Gross Profit?

Vox Royalty's gross profit for the three months ended in Dec. 2023 was C$2.78 Mil. Vox Royalty's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$13.48 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vox Royalty's gross profit for the three months ended in Dec. 2023 was C$2.78 Mil. Vox Royalty's Revenue for the three months ended in Dec. 2023 was C$4.02 Mil. Therefore, Vox Royalty's Gross Margin % for the quarter that ended in Dec. 2023 was 69.14%.

Vox Royalty had a gross margin of 69.14% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Vox Royalty was 83.23%. The lowest was 73.35%. And the median was 79.70%.

Vox Royalty Gross Profit Historical Data

The historical data trend for Vox Royalty'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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Vox Royalty Gross Profit Chart

Vox Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

0.13

3.43

9.05

13.39

Vox Royalty Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial														2.16	4.06	2.43	4.21	2.78

Competitive Comparison of Vox Royalty's Gross Profit

For the Other Precious Metals & Mining subindustry, Vox Royalty'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.

Vox Royalty's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vox Royalty's Gross Profit falls into.

Vox Royalty Gross Profit Calculation

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

Vox Royalty'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
	=	16.516	-	3.128
	=	13.39

Vox Royalty's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	4.021	-	1.241
	=	2.78

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$13.48 Mil.

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

Vox Royalty's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	2.78	/	4.021
	=	69.14 %

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.

Vox Royalty (TSX:VOXR) 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

Vox Royalty had a gross margin of 69.14% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Vox Royalty Gross Profit Related Terms

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Vox Royalty (TSX:VOXR) Business Description

Industry

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VOXR:USA

Address

66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K1E6

Website

https://www.voxroyalty.com

Vox Royalty Corp is a returns-focused mining royalty company with a portfolio of over 60 royalties and streams spanning eight jurisdictions. It has built intellectual property, a technically focused transactional team, and a sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector.