Intercontinental Gold And Metals (TSXV:ICAU.H) Gross Profit : C$0.58 Mil (TTM As of Sep. 2021)

Intercontinental Gold And Metals Gross Profit Chart

Intercontinental Gold And Metals Annual Data
	Trend	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Dec19	Dec20
Gross Profit		Get a 7-Day Free Trial					-	-	-0.04	2.42	0.86

Intercontinental Gold And Metals Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Gross Profit	Get a 7-Day Free Trial															-0.09	0.47	0.05	-0.14	0.20

Competitive Comparison of Intercontinental Gold And Metals's Gross Profit

For the Gold subindustry, Intercontinental Gold And 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.

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

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

* The bar in red indicates where Intercontinental Gold And Metals's Gross Profit falls into.

Intercontinental Gold And Metals Gross Profit Calculation

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

Intercontinental Gold And Metals's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Intercontinental Gold And Metals's Gross Profit for the quarter that ended in Sep. 2021 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.58 Mil.

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

Intercontinental Gold And Metals's Gross Margin % for the quarter that ended in Sep. 2021 is calculated as

* 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.

Intercontinental Gold And Metals  (TSXV:ICAU.H) 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

Intercontinental Gold And Metals had a gross margin of 10.02% for the quarter that ended in Sep. 2021 => No sustainable competitive advantage

Intercontinental Gold And Metals Gross Profit Related Terms

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Intercontinental Gold And Metals (TSXV:ICAU.H) Business Description