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Karelian Diamond Resources (LSE:KDR) Gross Margin % : 0.00% (As of Nov. 2023)


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What is Karelian Diamond Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Karelian Diamond Resources's Gross Profit for the six months ended in Nov. 2023 was £0.00 Mil. Karelian Diamond Resources's Revenue for the six months ended in Nov. 2023 was £0.00 Mil. Therefore, Karelian Diamond Resources's Gross Margin % for the quarter that ended in Nov. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Karelian Diamond Resources's Gross Margin % or its related term are showing as below:


LSE:KDR's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.17
* Ranked among companies with meaningful Gross Margin % only.

Karelian Diamond Resources had a gross margin of N/A% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Karelian Diamond Resources was 0.00% per year.


Karelian Diamond Resources Gross Margin % Historical Data

The historical data trend for Karelian Diamond Resources's Gross 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.

* Premium members only.

Karelian Diamond Resources Gross Margin % Chart

Karelian Diamond Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross Margin %
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Karelian Diamond Resources Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Karelian Diamond Resources's Gross Margin %

For the Other Precious Metals & Mining subindustry, Karelian Diamond Resources's Gross Margin %, along with its competitors' market caps and Gross 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.


Karelian Diamond Resources's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Karelian Diamond Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Karelian Diamond Resources's Gross Margin % falls into.



Karelian Diamond Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Karelian Diamond Resources's Gross Margin for the fiscal year that ended in May. 2023 is calculated as

Gross Margin % (A: May. 2023 )=Gross Profit (A: May. 2023 ) / Revenue (A: May. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Karelian Diamond Resources's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 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.


Karelian Diamond Resources  (LSE:KDR) Gross Margin % 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

Karelian Diamond Resources had a gross margin of N/A% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Karelian Diamond Resources Gross Margin % Related Terms

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Karelian Diamond Resources (LSE:KDR) Business Description

Traded in Other Exchanges
N/A
Address
3300 Lake Drive, Citywest Business Campus, Dublin, IRL, D24 TD21
Karelian Diamond Resources PLC is an Ireland-based company which focuses on the discovery of diamond deposits in Finland. It is engaged in exploring for diamonds and evaluating an existing diamond prospect (diamondiferous kimberlite pipe) in the Karelian Craton of Finland. The company's diamond exploration projects include The Lahtojoki diamond project, The Seitapera diamondiferous kimberlite pipe, and The Riihivaara diamond exploration project which is in Kuopio, Kuhmo, and Riihivaara respectively.

Karelian Diamond Resources (LSE:KDR) Headlines

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