Venturex Resources Profit margin
What is the Profit margin of Venturex Resources?
The Profit margin of Venturex Resources Limited is -26.39%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on ASX compared to Venturex Resources
What does Venturex Resources do?
Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. Venturex Resources Limited was incorporated in 2006 and is based in West Perth, Australia.
Companies with profit margin similar to Venturex Resources
- XTEK has Profit margin of -26.52%
- Huaxi has Profit margin of -26.50%
- SEATech Ventures has Profit margin of -26.45%
- Beach has Profit margin of -26.44%
- Quanterix Corp has Profit margin of -26.42%
- SpiceJet has Profit margin of -26.41%
- Venturex Resources has Profit margin of -26.39%
- Toscana Income has Profit margin of -26.37%
- National Steel and Agro Industries has Profit margin of -26.37%
- Joonktollee Tea & Industries has Profit margin of -26.35%
- Bubs Australia has Profit margin of -26.34%
- 1st has Profit margin of -26.33%
- Shengda Network Technology has Profit margin of -26.32%