Vast Renewables (Vast Renewables) Gross Margin % : -78.66% (As of Dec. 2023)

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What is Vast Renewables Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vast Renewables's Gross Profit for the six months ended in Dec. 2023 was $-0.26 Mil. Vast Renewables's Revenue for the six months ended in Dec. 2023 was $0.33 Mil. Therefore, Vast Renewables's Gross Margin % for the quarter that ended in Dec. 2023 was -78.66%.

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

VSTE' s Gross Margin % Range Over the Past 10 Years
Min: -294.78 Med: -171.32 Max: -47.85
Current: -152.06

During the past 3 years, the highest Gross Margin % of Vast Renewables was -47.85%. The lowest was -294.78%. And the median was -171.32%.

VSTE's Gross Margin % is ranked worse than
99.49% of 975 companies
in the Semiconductors industry
Industry Median: 28.41 vs VSTE: -152.06

Vast Renewables had a gross margin of -78.66% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vast Renewables was 0.00% per year.

Vast Renewables Gross Margin % Historical Data

The historical data trend for Vast Renewables'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.

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Vast Renewables Gross Margin % Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Gross Margin %

-294.78

-47.85

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			-121.25	22.89	-	-553.33	-78.66

Competitive Comparison of Vast Renewables's Gross Margin %

For the Solar subindustry, Vast Renewables'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.

Vast Renewables's Gross Margin % Distribution in the Semiconductors Industry

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

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

Vast Renewables Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vast Renewables's Gross Margin for the fiscal year that ended in Jun. 2022 is calculated as

Gross Margin % (A: Jun. 2022 )	=	Gross Profit (A: Jun. 2022 )	/	Revenue (A: Jun. 2022 )
	=	-0.1	/	0.163
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.163 - 0.241)	/	0.163
	=	-47.85 %

Vast Renewables's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.3	/	0.328
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.328 - 0.586)	/	0.328
	=	-78.66 %

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.

Vast Renewables (NAS:VSTE) 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

Vast Renewables had a gross margin of -78.66% for the quarter that ended in Dec. 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.

Vast Renewables Gross Margin % Related Terms

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Vast Renewables (Vast Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty 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.

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