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Nova Royalty Corp
XTSX:NOVR

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Nova Royalty Corp Logo
Nova Royalty Corp
XTSX:NOVR
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Price: 1.49 CAD -1.97% Market Closed
Updated: May 16, 2024

Gross Margin
Nova Royalty Corp

24.9%
Current
29%
Average
17.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.9%
=
Gross Profit
489.7k
/
Revenue
2m

Gross Margin Across Competitors

Country CA
Market Cap 136.8m CAD
Gross Margin
25%
Country AU
Market Cap 223.4B AUD
Gross Margin
0%
Country AU
Market Cap 210.1B AUD
Gross Margin
68%
Country UK
Market Cap 89.6B GBP
Gross Margin
51%
Country CH
Market Cap 59.4B GBP
Gross Margin
5%
Country SA
Market Cap 181.7B SAR
Gross Margin
22%
Country MX
Market Cap 809.6B MXN
Gross Margin
42%
Country UK
Market Cap 35.1B GBP
Gross Margin
0%
Country ZA
Market Cap 44.1B Zac
Gross Margin
18%
Country IN
Market Cap 2.4T INR
Gross Margin
79%
Country CA
Market Cap 27.1B USD
Gross Margin
31%

Profitability Report

View the profitability report to see the full profitability analysis for Nova Royalty Corp.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.9%
=
Gross Profit
489.7k
/
Revenue
2m
What is the Gross Margin of Nova Royalty Corp?

Based on Nova Royalty Corp's most recent financial statements, the company has Gross Margin of 24.9%.