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Analysis

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Trailing Twelve Months
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Gross profit expressed as a percent of revenue.

Definition of Asset Writedown

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The gross profit margin measures a company’s gross profit as a percentage of the revenue. The formula to calculate gross profit margin and an example calculation for Galiano Gold’s trailing twelve months is outlined below:

Gross Profit Margin  = Gross Profit / Total Revenue
43.9% = 146.1 M  /  332.6 M

The tables below summarizes Galiano Gold’s performance over the last five years:

Fiscal YearGross ProfitRevenueMargin
2020-12-31NANANA
2021-12-31NANANA
2022-12-31NANANA
2023-12-31NANANA
2024-12-31146.1 M332.6 M43.9%

The tables below summarizes Galiano Gold’s performance over the last four quarters:

Quarter EndingGross ProfitRevenueMargin
2024-03-3110.332 M42.932 M24.1%
2024-06-3040.786 M87.515 M46.6%
2024-09-3047.04 M96.19 M48.9%
2024-12-3142.254 M92.804 M45.5%

You can read more about Gross Profit here.


Click the link below to download a spreadsheet with an example Asset Writedown calculation for Galiano Gold Inc below:

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