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Churchill Resources (TSXV:CRI) Gross Profit : C$0.00 Mil (TTM As of Nov. 2024)


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What is Churchill Resources Gross Profit?

Churchill Resources's gross profit for the three months ended in Nov. 2024 was C$0.00 Mil. Churchill Resources's gross profit for the trailing twelve months (TTM) ended in Nov. 2024 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Churchill Resources's gross profit for the three months ended in Nov. 2024 was C$0.00 Mil. Churchill Resources's Revenue for the three months ended in Nov. 2024 was C$0.00 Mil. Therefore, Churchill Resources's Gross Margin % for the quarter that ended in Nov. 2024 was N/A%.

Churchill Resources had a gross margin of N/A% for the quarter that ended in Nov. 2024 => No sustainable competitive advantage


Churchill Resources Gross Profit Historical Data

The historical data trend for Churchill Resources'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.

Churchill Resources Gross Profit Chart

Churchill Resources Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Gross Profit
-0.02 -0.02 - -

Churchill Resources Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 - - - - -

Competitive Comparison of Churchill Resources's Gross Profit

For the Other Industrial Metals & Mining subindustry, Churchill Resources'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.


Churchill Resources's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Churchill Resources's Gross Profit falls into.



Churchill Resources Gross Profit Calculation

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

Churchill Resources's Gross Profit for the fiscal year that ended in Aug. 2024 is calculated as

Gross Profit (A: Aug. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Churchill Resources's Gross Profit for the quarter that ended in Nov. 2024 is calculated as

Gross Profit (Q: Nov. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

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

Churchill Resources's Gross Margin % for the quarter that ended in Nov. 2024 is calculated as

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


Churchill Resources  (TSXV:CRI) 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

Churchill Resources had a gross margin of N/A% for the quarter that ended in Nov. 2024 => No sustainable competitive advantage


Churchill Resources Gross Profit Related Terms

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Churchill Resources Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 505, Toronto, BC, CAN, M5H 2L3
Churchill Resources Inc is an Operator of a metals and minerals exploration company focused on high-grade nickel sulfide and diamond projects. The company holds an interest in the Taylor Brook, and Florence Lake property located in Newfoundland, Canada. These properties contain high-grade nickel, copper, cobalt & PGE mineralization associated with ultramafic volcanic rocks.
Executives
Conan Mcintyre Director
William J. Fisher Director
Jessie Liu-ernsting Director
Paul Andrew Sobie Director, Senior Officer
Kevin Michael Tomlinson Director