Daybreak Oil & Gas (Daybreak Oil & Gas) Gross Margin % : -81.62% (As of Feb. 2023)

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What is Daybreak Oil & Gas Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daybreak Oil & Gas's Gross Profit for the three months ended in Feb. 2023 was $-0.29 Mil. Daybreak Oil & Gas's Revenue for the three months ended in Feb. 2023 was $0.36 Mil. Therefore, Daybreak Oil & Gas's Gross Margin % for the quarter that ended in Feb. 2023 was -81.62%.

The historical rank and industry rank for Daybreak Oil & Gas's Gross Margin % or its related term are showing as below:

DBRM's Gross Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 27.83
* Ranked among companies with meaningful Gross Margin % only.

Daybreak Oil & Gas had a gross margin of -81.62% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Daybreak Oil & Gas was 0.00% per year.

Daybreak Oil & Gas Gross Margin % Historical Data

The historical data trend for Daybreak Oil & Gas'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.

Daybreak Oil & Gas Gross Margin % Chart

Daybreak Oil & Gas Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Gross Margin %

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71.47

64.31

38.77

58.68

0.31

Daybreak Oil & Gas Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23
Gross Margin %	Get a 7-Day Free Trial															58.86	70.56	19.41	3.86	-81.62

Competitive Comparison of Daybreak Oil & Gas's Gross Margin %

For the Oil & Gas E&P subindustry, Daybreak Oil & Gas'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.

Daybreak Oil & Gas's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Daybreak Oil & Gas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Daybreak Oil & Gas's Gross Margin % falls into.

Daybreak Oil & Gas Gross Margin % Calculation

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

Daybreak Oil & Gas's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )	=	Gross Profit (A: Feb. 2023 )	/	Revenue (A: Feb. 2023 )
	=	0	/	1.613
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.613 - 1.608)	/	1.613
	=	0.31 %

Daybreak Oil & Gas's Gross Margin for the quarter that ended in Feb. 2023 is calculated as

Gross Margin % (Q: Feb. 2023 )	=	Gross Profit (Q: Feb. 2023 )	/	Revenue (Q: Feb. 2023 )
	=	-0.3	/	0.359
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.359 - 0.652)	/	0.359
	=	-81.62 %

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.

Daybreak Oil & Gas (OTCPK:DBRM) 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

Daybreak Oil & Gas had a gross margin of -81.62% for the quarter that ended in Feb. 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.

Daybreak Oil & Gas Gross Margin % Related Terms

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Daybreak Oil & Gas (Daybreak Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Daybreak Oil & Gas Inc (OTCPK:DBRM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 North Argonne Road, Suite A 211, Spokane Valley, WA, USA, 99212

Website

https://www.daybreakoilandgas.com

Daybreak Oil & Gas Inc is a United States-based independent oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It is developing its shallow oil reserves, where it owns a 3-D seismic survey under lease in Kern County, California, and Michigan. The company's operational projects include the East Slopes Project and the Michigan Basin Project.

Executives

Gaelic Resources Ltd	10 percent owner	14 ALBERT STREET, DOUGLAS Y8 IM1 2QA
Darren Williams	director	9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
James F Westmoreland	director, 10 percent owner, officer: President & CEO	1101 N. ARGONNE ROAD, SUITE A 211, SPOKANE VALLEY WA 99212
James F. Meara	director	C/O 601 W. MAIN AVENUE, SUITE 1012, SPOKANE WA 99201
Timothy R Lindsey	director	1101 N. ARGONNE ROAD, SUITE A211, SPOKANE VALLEY WA 99212
Maximilian Investors Llc	10 percent owner	152 WEST 57TH STREET, 54TH FLOOR, NEW YORK NY 10019
Wayne G Dotson	director	601 W. MAIN AVE., SUITE 1012, SPOKANE WA 99201
Karol Lynn Adams	officer: Corporate Secretary	DAYBREAK OIL AND GAS, INC., 601 WEST MAIN AVE., SUITE 1012, SPOKANE WA 99201
Anna Moe	other: Spouse of director	8305 NORTH COLTON PLACE, SPOKANE WA 99208
Keith Hooper	10 percent owner	1529 WEST ADAMS STREET, CHICAGO IL 60607
Benjamin Wade Anderson	officer: Chief Operating Officer	1023 E 760 S, OREM UT 84097
Eric Moe	officer: Chief Executive Officer	8305 NORTH COLTON PLACE, SPOKANE WA 99208
Robert N Martin	director, officer: President	621 B 37 STREET SW, CALGARY A0 T3C 1R8
Jeffrey Robert Dworkin	director, officer: Secretary	320 1001 13 AVENUE SW, CALGARY A0 T2R 0L5
Curtis Michael Charles Peter	director	161 DES CEDRES, ST. EUSTACHE A8 J6R 4V7

Daybreak Oil & Gas (Daybreak Oil & Gas) Headlines

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