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Grid Battery Metals (FRA:W47) Gross Profit : €-0.01 Mil (TTM As of Jun. 2024)


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What is Grid Battery Metals Gross Profit?

Grid Battery Metals's gross profit for the three months ended in Jun. 2024 was €-0.00 Mil. Grid Battery Metals's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grid Battery Metals's gross profit for the three months ended in Jun. 2024 was €-0.00 Mil. Grid Battery Metals's Revenue for the three months ended in Jun. 2024 was €0.00 Mil. Therefore, Grid Battery Metals's Gross Margin % for the quarter that ended in Jun. 2024 was %.

Grid Battery Metals had a gross margin of % for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Grid Battery Metals Gross Profit Historical Data

The historical data trend for Grid Battery Metals'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.

Grid Battery Metals Gross Profit Chart

Grid Battery Metals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 -0.02 -0.01 -0.01

Grid Battery Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.01 - - - -

Competitive Comparison of Grid Battery Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Grid Battery Metals'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.


Grid Battery Metals's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Grid Battery Metals's Gross Profit falls into.



Grid Battery Metals Gross Profit Calculation

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

Grid Battery Metals's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.007
=-0.01

Grid Battery Metals's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0 - 0.002
=-0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

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

Grid Battery Metals's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.00 / 0
= %

* 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.


Grid Battery Metals  (FRA:W47) 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

Grid Battery Metals had a gross margin of % for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Grid Battery Metals Gross Profit Related Terms

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Grid Battery Metals Business Description

Traded in Other Exchanges
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Grid Battery Metals Inc is an exploration and mining company. The company primarily explores nickel-iron alloys, important in the manufacture of environmentally efficient batteries for the electric vehicle markets. Its projects are Hard Nickel Group; Nickel 100 Group, Texas Spring, Volt canyon and Clayton Valley Lithium.

Grid Battery Metals Headlines

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