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Voyager Metals (Voyager Metals) Gross Profit : $-0.08 Mil (TTM As of Nov. 2022)


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What is Voyager Metals Gross Profit?

Voyager Metals's gross profit for the three months ended in Nov. 2022 was $-0.02 Mil. Voyager Metals's gross profit for the trailing twelve months (TTM) ended in Nov. 2022 was $-0.08 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Voyager Metals's gross profit for the three months ended in Nov. 2022 was $-0.02 Mil. Voyager Metals's Revenue for the three months ended in Nov. 2022 was $0.00 Mil. Therefore, Voyager Metals's Gross Margin % for the quarter that ended in Nov. 2022 was %.

Voyager Metals had a gross margin of % for the quarter that ended in Nov. 2022 => No sustainable competitive advantage


Voyager Metals Gross Profit Historical Data

The historical data trend for Voyager Metals'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.

Voyager Metals Gross Profit Chart

Voyager Metals Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 -0.01 -0.02

Voyager Metals Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 - -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Voyager Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Voyager 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.


Voyager Metals's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Voyager Metals's Gross Profit falls into.



Voyager Metals Gross Profit Calculation

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

Voyager Metals's Gross Profit for the fiscal year that ended in Feb. 2022 is calculated as

Gross Profit (A: Feb. 2022 )=Revenue - Cost of Goods Sold
=0 - 0.02
=-0.02

Voyager Metals's Gross Profit for the quarter that ended in Nov. 2022 is calculated as

Gross Profit (Q: Nov. 2022 )=Revenue - Cost of Goods Sold
=0 - 0.019
=-0.02

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

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

Voyager Metals's Gross Margin % for the quarter that ended in Nov. 2022 is calculated as

Gross Margin % (Q: Nov. 2022 )=Gross Profit (Q: Nov. 2022 ) / Revenue (Q: Nov. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.02 / 0
= %

* 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.


Voyager Metals  (OTCPK:VDMRF) 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

Voyager Metals had a gross margin of % for the quarter that ended in Nov. 2022 => No sustainable competitive advantage


Voyager Metals Gross Profit Related Terms

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Voyager Metals (Voyager Metals) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2
Voyager Metals Inc, formerly Vanadium One Iron Corp is engaged in the exploration of its properties for base metals and precious metals in Canada. Some of the projects of the company are Mont Sorcier Iron ore property and Clinton Manganese Property. It has one business segment Iron Ore Exploration in Canada.