Western Uranium & Vanadium annual gross margin
2021
2022
2023
Western Uranium & Vanadium Gross Margin Growth & History (WSTRF)
Western Uranium & Vanadium's gross margin was 100.00% for fiscal 2023.
View full Western Uranium & Vanadium company overviewWestern Uranium & Vanadium annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 100.00% | +47.19 pp |
| 2022 | 2022-12-31 | 52.81% | −47.19 pp |
| 2021 | 2021-12-31 | 100.00% | — |
Western Uranium & Vanadium quarterly gross margin
Q2.21
Q3.21
Q2.22
Q3.22
Q2.23
Q3.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2023 | 2023-09-30 | 100.00% | 0.00 pp |
| Q2 2023 | 2023-06-30 | 100.00% | 0.00 pp |
| Q3 2022 | 2022-09-30 | 100.00% | — |
| Q2 2022 | 2022-06-30 | 45.72% | — |
| Q3 2021 | 2021-09-30 | 100.00% | — |
| Q2 2021 | 2021-06-30 | 100.00% | — |
Western Uranium & Vanadium gross margin trends
Across the available reported history, Western Uranium & Vanadium's gross margin increased from 52.81% to 100.00%, a change of +47.19 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.
Review Western Uranium & Vanadium filings at SEC.gov ↗