VSTTF (Vast Renewables) Gross Profit: $-0.38 Mil (TTM As of Dec. 2024)

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What is Vast Renewables Gross Profit?

Vast Renewables VSTTF Gross Profit is $-0.38 Mil as of Dec. 2024.

Vast Renewables's gross profit for the six months ended in Dec. 2024 was $-0.17 Mil. Vast Renewables's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.38 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vast Renewables's gross profit for the six months ended in Dec. 2024 was $-0.17 Mil. Vast Renewables's Revenue for the six months ended in Dec. 2024 was $0.00 Mil. Therefore, Vast Renewables's Gross Margin % for the quarter that ended in Dec. 2024 was %.

Vast Renewables had a gross margin of % for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Vast Renewables  (OTCPK:VSTTF) 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

Vast Renewables had a gross margin of % for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Vast Renewables Gross Profit Related Terms


Vast Renewables Gross Profit Historical Data

* Premium members only.

The historical data trend for Vast Renewables'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.

Vast Renewables Gross Profit Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
0.00 -0.34 -0.08 -0.33 -0.47

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only 0.00 -0.33 -0.26 -0.22 -0.17

VSTTF vs APWL, FSLR, NXT: Gross Profit Comparison

For the Solar subindustry, Vast Renewables'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.


Vast Renewables Gross Profit vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vast Renewables's Gross Profit falls into.



Vast Renewables Gross Profit Calculation

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

Vast Renewables's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=0.342 - 0.815
=-0.47

Vast Renewables's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.167
=-0.17

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.38 Mil.

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

Vast Renewables's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.17 / 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $-0.38 Mil mean?
Vast Renewables (VSTTF) has a Gross Profit of $-0.38 Mil as of Dec. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Vast Renewables and its competitors.
Is Vast Renewables' Gross Profit too high?
Vast Renewables' current Gross Profit is $-0.38 Mil.
How does Vast Renewables' Gross Profit compare to APWL and FSLR?
Vast Renewables' Gross Profit of $-0.38 Mil can be compared against companies in the Semiconductors 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 a Semiconductors company?
A good Gross Profit depends on the Semiconductors 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 Vast Renewables and its competitors. Vast Renewables's current Gross Profit is $-0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Renewables stock overvalued right now?
Vast Renewables (VSTTF) has a current Gross Profit of $-0.38 Mil. The current Gross Profit is $-0.38 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 Vast Renewables (VSTTF), the current Gross Profit is $-0.38 Mil as of Dec. 2024. 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.

Vast Renewables Business Description

Address 124 Walker Street, Suite 7.02, North Sydney, NSW, AUS, 2060
Vast Renewables Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.