Western Uranium & Vanadium Gross Margin Growth & History (WSTRF)

Western Uranium & Vanadium's gross margin was 100.00% for fiscal 2024.

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Western Uranium & Vanadium annual gross margin history

Western Uranium & Vanadium annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-31100.00%0.00 pp
20232023-12-31100.00%+47.19 pp
20222022-12-3152.81%−47.19 pp
20212021-12-31100.00%—
20182018-12-3158.80%+2.33 pp
20172017-12-3156.47%—

Western Uranium & Vanadium gross margin trends

Between the periods ended 2017-12-31 and 2024-12-31, Western Uranium & Vanadium's gross margin increased from 56.47% to 100.00%, a change of +43.53 percentage points. The latest reported quarter, Q3 2023, shows 100.00%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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