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Optimus Gold (TSXV:OTS.H) Gross Profit : C$0.00 Mil (TTM As of Sep. 2024)


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What is Optimus Gold Gross Profit?

Optimus Gold's gross profit for the three months ended in Sep. 2024 was C$0.00 Mil. Optimus Gold's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.00 Mil.

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

Optimus Gold had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Optimus Gold Gross Profit Historical Data

The historical data trend for Optimus 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.

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Optimus Gold Gross Profit Chart

Optimus Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Profit
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Optimus Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Optimus Gold's Gross Profit

For the Other Industrial Metals & Mining subindustry, Optimus 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.


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

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

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



Optimus Gold Gross Profit Calculation

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

Optimus Gold's Gross Profit for the fiscal year that ended in Sep. 2024 is calculated as

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

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

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

Gross Profit for the trailing twelve months (TTM) ended in Sep. 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.)

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

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


Optimus Gold  (TSXV:OTS.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

Optimus Gold had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Optimus Gold Gross Profit Related Terms

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Optimus Gold Business Description

Traded in Other Exchanges
N/A
Address
889 West Pender Street, Suite 702, Vancouver, BC, CAN, V6C 3B2
Website
Optimus Gold Corp. is a Canada-based mineral exploration company. The Company's principal business is the acquisition, exploration and development of mineral properties with a primary focus on exploration properties demonstrating key potential for hosting large scale ore bodies. The Company has an interest in a gold/silver natural resource exploration property in British Columbia, and the Company can earn an interest in mineral properties in the Yukon Territory and Costa Rica. The Company's projects include Stump Lake Property, Halo Gold Project and Crucitas Gold Project.

Optimus Gold Headlines

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