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Li-Metal (XCNQ:LIM) Gross Profit : C$0.05 Mil (TTM As of Dec. 2024)


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What is Li-Metal Gross Profit?

Li-Metal's gross profit for the three months ended in Dec. 2024 was C$0.02 Mil. Li-Metal's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was C$0.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Li-Metal's gross profit for the three months ended in Dec. 2024 was C$0.02 Mil. Li-Metal's Revenue for the three months ended in Dec. 2024 was C$0.02 Mil. Therefore, Li-Metal's Gross Margin % for the quarter that ended in Dec. 2024 was N/A%.

Li-Metal had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Li-Metal Gross Profit Historical Data

The historical data trend for Li-Metal'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.

Li-Metal Gross Profit Chart

Li-Metal Annual Data
Trend Dec20 Mar22 Mar23 Mar24
Gross Profit
- - - 0.31

Li-Metal Quarterly Data
Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 0.13 0.01 - 0.03 0.02

Competitive Comparison of Li-Metal's Gross Profit

For the Other Industrial Metals & Mining subindustry, Li-Metal'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.


Li-Metal's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Li-Metal's Gross Profit falls into.


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Li-Metal Gross Profit Calculation

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

Li-Metal's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.312 - 0
=0.31

Li-Metal's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=0.021 - 0
=0.02

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 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.)

Li-Metal'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
=0.02 / 0.021
=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.


Li-Metal  (XCNQ:LIM) 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

Li-Metal had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Li-Metal Gross Profit Related Terms

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Li-Metal Business Description

Traded in Other Exchanges
N/A
Address
90 Riviera Drive, Markham, ON, CAN, L3R 5M1
Li-Metal Corp is a Canada-based company developing lithium metal and anode technologies to provide a low-cost and environmentally friendly solution for next-generation lithium batteries. The company's geographic segments include Canada and the US.
Executives
Lions Bay Capital Inc. 10% Security Holder
Mark Wellings Director
Timothy George Johnston 10% Security Holder, Director
Carlos Pinglo Senior Officer

Li-Metal Headlines

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