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International Zeolite (TSXV:IZ) Gross Profit : C$0.26 Mil (TTM As of Mar. 2024)


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What is International Zeolite Gross Profit?

International Zeolite's gross profit for the three months ended in Mar. 2024 was C$0.07 Mil. International Zeolite's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. International Zeolite's gross profit for the three months ended in Mar. 2024 was C$0.07 Mil. International Zeolite's Revenue for the three months ended in Mar. 2024 was C$0.14 Mil. Therefore, International Zeolite's Gross Margin % for the quarter that ended in Mar. 2024 was 48.57%.

International Zeolite had a gross margin of 48.57% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of International Zeolite was 53.97%. The lowest was 40.81%. And the median was 50.04%.


International Zeolite Gross Profit Historical Data

The historical data trend for International Zeolite'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.

International Zeolite Gross Profit Chart

International Zeolite Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.27 0.26 0.34 0.33

International Zeolite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.01 0.09 0.09 0.07

Competitive Comparison of International Zeolite's Gross Profit

For the Specialty Chemicals subindustry, International Zeolite'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.


International Zeolite's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Zeolite's Gross Profit distribution charts can be found below:

* The bar in red indicates where International Zeolite's Gross Profit falls into.



International Zeolite Gross Profit Calculation

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

International Zeolite's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=0.617 - 0.284
=0.33

International Zeolite's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.14 - 0.072
=0.07

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.26 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

International Zeolite's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.07 / 0.14
=48.57 %

* 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.


International Zeolite  (TSXV:IZ) 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

International Zeolite had a gross margin of 48.57% for the quarter that ended in Mar. 2024 => Durable competitive advantage


International Zeolite Gross Profit Related Terms

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International Zeolite (TSXV:IZ) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 2300, 9th Floor, Vancouver, BC, CAN, V6E0C3
International Zeolite Corp is a Canada-based company that markets and supplies natural zeolite and zeolite-infused products. The company's operating segments include the exploration and development segment; and the retail and commercial sales segment which is the key revenue driver. The revenue comprises sales of zeolite products, commissions earned on sales of zeolite products, and royalties earned on bulk zeolite material shipped from its site in Princeton.
Executives
Raymon Lucien Paquette 10% Security Holder, Director, Senior Officer

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