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Mortgage Advice Bureau (Holdings) (LSE:MAB1) Gross Profit : £70.2 Mil (TTM As of Dec. 2023)


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What is Mortgage Advice Bureau (Holdings) Gross Profit?

Mortgage Advice Bureau (Holdings)'s gross profit for the six months ended in Dec. 2023 was £37.2 Mil. Mortgage Advice Bureau (Holdings)'s gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £70.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mortgage Advice Bureau (Holdings)'s gross profit for the six months ended in Dec. 2023 was £37.2 Mil. Mortgage Advice Bureau (Holdings)'s Revenue for the six months ended in Dec. 2023 was £122.0 Mil. Therefore, Mortgage Advice Bureau (Holdings)'s Gross Margin % for the quarter that ended in Dec. 2023 was 30.51%.

Mortgage Advice Bureau (Holdings) had a gross margin of 30.51% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mortgage Advice Bureau (Holdings) was 29.29%. The lowest was 23.25%. And the median was 24.86%.


Mortgage Advice Bureau (Holdings) Gross Profit Historical Data

The historical data trend for Mortgage Advice Bureau (Holdings)'s Gross Profit 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.

Mortgage Advice Bureau (Holdings) Gross Profit Chart

Mortgage Advice Bureau (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.43 40.78 50.97 62.95 70.16

Mortgage Advice Bureau (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit 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 26.32 25.44 37.51 32.94 37.22

Competitive Comparison of Mortgage Advice Bureau (Holdings)'s Gross Profit

For the Mortgage Finance subindustry, Mortgage Advice Bureau (Holdings)'s Gross Profit, along with its competitors' market caps and Gross Profit 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.


Mortgage Advice Bureau (Holdings)'s Gross Profit Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mortgage Advice Bureau (Holdings)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Mortgage Advice Bureau (Holdings)'s Gross Profit falls into.



Mortgage Advice Bureau (Holdings) Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Mortgage Advice Bureau (Holdings)'s Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=239.533 - 169.371
=70.2

Mortgage Advice Bureau (Holdings)'s Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=121.988 - 84.77
=37.2

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £70.2 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Mortgage Advice Bureau (Holdings)'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=37.2 / 121.988
=30.51 %

* 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.


Mortgage Advice Bureau (Holdings)  (LSE:MAB1) Gross Profit 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

Mortgage Advice Bureau (Holdings) had a gross margin of 30.51% for the quarter that ended in Dec. 2023 => Competition eroding margins


Mortgage Advice Bureau (Holdings) Gross Profit Related Terms

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Mortgage Advice Bureau (Holdings) (LSE:MAB1) Business Description

Traded in Other Exchanges
Address
Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR
Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Headlines

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