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Imperial Equities (TSXV:IEI) Gross Margin % : 67.49% (As of Dec. 2023)


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What is Imperial Equities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Imperial Equities's Gross Profit for the three months ended in Dec. 2023 was C$3.34 Mil. Imperial Equities's Revenue for the three months ended in Dec. 2023 was C$4.95 Mil. Therefore, Imperial Equities's Gross Margin % for the quarter that ended in Dec. 2023 was 67.49%.

Warning Sign:

Imperial Equities Inc gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


The historical rank and industry rank for Imperial Equities's Gross Margin % or its related term are showing as below:

TSXV:IEI' s Gross Margin % Range Over the Past 10 Years
Min: 11.41   Med: 74.03   Max: 77.34
Current: 68.2


During the past 13 years, the highest Gross Margin % of Imperial Equities was 77.34%. The lowest was 11.41%. And the median was 74.03%.

TSXV:IEI's Gross Margin % is ranked better than
79.19% of 1653 companies
in the Real Estate industry
Industry Median: 36.78 vs TSXV:IEI: 68.20

Imperial Equities had a gross margin of 67.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Imperial Equities was -2.20% per year.


Imperial Equities Gross Margin % Historical Data

The historical data trend for Imperial Equities's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Imperial Equities Gross Margin % Chart

Imperial Equities Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.33 72.72 72.55 70.59 69.03

Imperial Equities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.99 65.60 70.69 68.71 67.49

Competitive Comparison of Imperial Equities's Gross Margin %

For the Real Estate Services subindustry, Imperial Equities's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Imperial Equities's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Imperial Equities's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Imperial Equities's Gross Margin % falls into.



Imperial Equities Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Imperial Equities's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=13.6 / 19.737
=(Revenue - Cost of Goods Sold) / Revenue
=(19.737 - 6.112) / 19.737
=69.03 %

Imperial Equities's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3.3 / 4.95
=(Revenue - Cost of Goods Sold) / Revenue
=(4.95 - 1.609) / 4.95
=67.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Imperial Equities  (TSXV:IEI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Imperial Equities had a gross margin of 67.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Imperial Equities Gross Margin % Related Terms

Thank you for viewing the detailed overview of Imperial Equities's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Imperial Equities (TSXV:IEI) Business Description

Traded in Other Exchanges
N/A
Address
10060 Jasper Avenue, Suite 2151, Edmonton, AB, CAN, T5J 3R8
Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial and industrial properties primarily in Edmonton and throughout Alberta. The majority of the revenue is generated from Rental revenue from leases of commercial properties.
Executives
Chadi Land Company Inc. 10% Security Holder

Imperial Equities (TSXV:IEI) Headlines

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