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Max Power Mining (XCNQ:MAXX) Gross Profit : C$0.00 Mil (TTM As of Sep. 2024)


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What is Max Power Mining Gross Profit?

Max Power Mining's gross profit for the three months ended in Sep. 2024 was C$0.00 Mil. Max Power Mining'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. Max Power Mining's gross profit for the three months ended in Sep. 2024 was C$0.00 Mil. Max Power Mining's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Max Power Mining's Gross Margin % for the quarter that ended in Sep. 2024 was N/A%.

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


Max Power Mining Gross Profit Historical Data

The historical data trend for Max Power Mining'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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Max Power Mining Gross Profit Chart

Max Power Mining Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
- - -

Max Power Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Max Power Mining's Gross Profit

For the Other Industrial Metals & Mining subindustry, Max Power Mining'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.


Max Power Mining's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Max Power Mining's Gross Profit falls into.



Max Power Mining Gross Profit Calculation

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

Max Power Mining's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Max Power Mining'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.)

Max Power Mining'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.


Max Power Mining  (XCNQ:MAXX) 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

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


Max Power Mining Gross Profit Related Terms

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Max Power Mining Business Description

Traded in Other Exchanges
Address
1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Max Power Mining Corp is an exploration stage company focused on the exploration of mineral property in Ontario, Canada. It has two reportable operating segments, with the primary segment being the acquisition, exploration and evaluation of mineral resources properties. The company is also conducting research and development on DLE technologies.
Executives
Thomas William Clarke Director
Sassy Gold Corp. 10% Security Holder

Max Power Mining Headlines