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Allied Gold (Allied Gold) Net Margin % : -3.25% (As of Mar. 2024)


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What is Allied Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Allied Gold's Net Income for the three months ended in Mar. 2024 was $-5.7 Mil. Allied Gold's Revenue for the three months ended in Mar. 2024 was $175.1 Mil. Therefore, Allied Gold's net margin for the quarter that ended in Mar. 2024 was -3.25%.

The historical rank and industry rank for Allied Gold's Net Margin % or its related term are showing as below:

AAUCF' s Net Margin % Range Over the Past 10 Years
Min: -36.78   Med: -16.46   Max: -1.11
Current: -36.78

AAUCF's Net Margin % is ranked worse than
69.51% of 856 companies
in the Metals & Mining industry
Industry Median: -0.025 vs AAUCF: -36.78

Allied Gold Net Margin % Historical Data

The historical data trend for Allied Gold's Net 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.

Allied Gold Net Margin % Chart

Allied Gold Annual Data
Trend Dec22 Dec23
Net Margin %
-1.11 -31.80

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial -5.97 -13.24 -110.16 3.03 -3.25

Competitive Comparison of Allied Gold's Net Margin %

For the Gold subindustry, Allied Gold's Net Margin %, along with its competitors' market caps and Net 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.

Allied Gold's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Allied Gold's Net Margin % distribution charts can be found below:

* The bar in red indicates where Allied Gold's Net Margin % falls into.


Allied Gold Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Allied Gold's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-208.482/655.691
=-31.80 %

Allied Gold's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-5.685/175.067
=-3.25 %

* 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.

Allied Gold  (OTCPK:AAUCF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Allied Gold Net Margin % Related Terms

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Allied Gold (Allied Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (OTCPK:AAUCF) » Definitions » Net Margin %
Comparable Companies
Traded in Other Exchanges
AAUC:Canada
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.