Western Uranium & Vanadium Gross Margin Growth & History (WSTRF)
Western Uranium & Vanadium's gross margin was 100.00% for fiscal 2024.
View full Western Uranium & Vanadium company overviewWestern Uranium & Vanadium annual gross margin history
2017
2018
2021
2022
2023
2024
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 100.00% | 0.00 pp |
| 2023 | 2023-12-31 | 100.00% | +47.19 pp |
| 2022 | 2022-12-31 | 52.81% | −47.19 pp |
| 2021 | 2021-12-31 | 100.00% | — |
| 2018 | 2018-12-31 | 58.80% | +2.33 pp |
| 2017 | 2017-12-31 | 56.47% | — |
Western Uranium & Vanadium quarterly gross margin
Q3.17
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
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% | +54.28 pp |
| Q3 2022 | 2022-09-30 | 100.00% | 0.00 pp |
| Q2 2022 | 2022-06-30 | 45.72% | −54.28 pp |
| Q3 2021 | 2021-09-30 | 100.00% | — |
| Q2 2021 | 2021-06-30 | 100.00% | — |
| Q3 2019 | 2019-09-30 | −1,785.09% | −1885.09 pp |
| Q2 2019 | 2019-06-30 | −56.88% | −154.19 pp |
| Q1 2019 | 2019-03-31 | 23.98% | — |
| Q3 2018 | 2018-09-30 | 100.00% | +360.62 pp |
| Q2 2018 | 2018-06-30 | 97.31% | — |
| Q3 2017 | 2017-09-30 | −260.62% | — |
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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