Record Resources (TSXV:REC) Gross Profit: C$0.00 Mil (TTM As of Jun. 2026)

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What is Record Resources Gross Profit?

Record Resources TSXV:REC Gross Profit is C$0.00 Mil as of Jun. 2026. The stock has 1 warning sign investors should review.

Record Resources's gross profit for the three months ended in Jun. 2026 was C$0.00 Mil. Record Resources's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Record Resources's gross profit for the three months ended in Jun. 2026 was C$0.00 Mil. Record Resources's Revenue for the three months ended in Jun. 2026 was C$0.00 Mil. Therefore, Record Resources's Gross Margin % for the quarter that ended in Jun. 2026 was N/A%.

Record Resources had a gross margin of N/A% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Record Resources was 85.71%. The lowest was 33.33%. And the median was 71.43%.

Record Resources  (TSXV:REC) 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

Record Resources had a gross margin of N/A% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

Record Resources Gross Profit Related Terms

Record Resources Gross Profit Historical Data

* Premium members only.

The historical data trend for Record 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.

Record Resources Gross Profit Chart

Record Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.00

Record Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

TSXV:REC vs COP, EOG, OXY: Gross Profit Comparison

For the Oil & Gas E&P subindustry, Record 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.

Record Resources Gross Profit vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Record Resources's Gross Profit distribution charts can be found below:

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


Record Resources Gross Profit Calculation

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

Record Resources's Gross Profit for the fiscal year that ended in Sep. 2025 is calculated as

Gross Profit (A: Sep. 2025 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Record Resources's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 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.)

Record Resources's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of C$0.00 Mil mean?
Record Resources (TSXV:REC) has a Gross Profit of C$0.00 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Record Resources and its competitors.
Is Record Resources' Gross Profit too high?
Record Resources' current Gross Profit is C$0.00 Mil.
How does Record Resources' Gross Profit compare to COP and EOG?
Record Resources' Gross Profit of C$0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Record Resources and its competitors. Record Resources's current Gross Profit is C$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record Resources stock overvalued right now?
Record Resources (TSXV:REC) has a current Gross Profit of C$0.00 Mil. The current Gross Profit is C$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Record Resources (TSXV:REC), the current Gross Profit is C$0.00 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Record Resources Business Description

Industry EnergyOil & Gas
Other Exchanges RECRF:USA
Address 12220 Stony Plain Road NW, Suite 600, Edmonton, AB, CAN, T5N 3Y4
Record Resources Inc is a Canadian-based world-wide energy exploration company. The company is focused on acquiring and developing international and national energy projects. The group recently had around 20% interest in the exploration, appraisal, development, and production of oil and gas on Gabon offshore Block C-7, renamed Ngulu. The company also has fully owned Hydrogen properties in Ontario.