Galileo Mining (ASX:GAL) Net Margin % : 0.00% (As of Dec. 2023)

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What is Galileo Mining Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Galileo Mining's Net Income for the six months ended in Dec. 2023 was A$-0.75 Mil. Galileo Mining's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Galileo Mining's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Galileo Mining's Net Margin % or its related term are showing as below:

ASX:GAL's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.04
* Ranked among companies with meaningful Net Margin % only.

Galileo Mining Net Margin % Historical Data

The historical data trend for Galileo Mining's Net Margin % 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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Galileo Mining Net Margin % Chart

Galileo Mining Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

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Galileo Mining Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Galileo Mining's Net Margin %

For the Other Industrial Metals & Mining subindustry, Galileo Mining's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Galileo Mining's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Galileo Mining's Net Margin % distribution charts can be found below:

* The bar in red indicates where Galileo Mining's Net Margin % falls into.

Galileo Mining Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Galileo Mining's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-1.533	/	0
	=	%

Galileo Mining's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.751	/	0
	=	%

Galileo Mining (ASX:GAL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Galileo Mining Net Margin % Related Terms

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Galileo Mining (ASX:GAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galileo Mining Ltd (ASX:GAL) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Colin Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.galileomining.com.au

Galileo Mining Ltd is engaged in the business of mineral exploration and development in Western Australia. It holds interests in the Fraser Range Project which covers exploration licences of approximately 492 km2 in the Albany-Fraser Orogen and Norseman Project which comprises exploration and prospecting licenses covering a total area of approximately 351 km2.