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Galata Investment Co AD (XBUL:GTH) Gross Profit : лв0.30 Mil (TTM As of Mar. 2024)


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What is Galata Investment Co AD Gross Profit?

Galata Investment Co AD's gross profit for the three months ended in Mar. 2024 was лв0.07 Mil. Galata Investment Co AD's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was лв0.30 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Galata Investment Co AD's gross profit for the three months ended in Mar. 2024 was лв0.07 Mil. Galata Investment Co AD's Revenue for the three months ended in Mar. 2024 was лв0.08 Mil. Therefore, Galata Investment Co AD's Gross Margin % for the quarter that ended in Mar. 2024 was 77.38%.

Galata Investment Co AD had a gross margin of 77.38% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Galata Investment Co AD was 99.01%. The lowest was 21.13%. And the median was 65.80%.


Galata Investment Co AD Gross Profit Historical Data

The historical data trend for Galata Investment Co AD'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.

Galata Investment Co AD Gross Profit Chart

Galata Investment Co AD 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 0.07 0.13 0.17 0.17 0.26

Galata Investment Co AD Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.08 0.06 0.10 0.07

Competitive Comparison of Galata Investment Co AD's Gross Profit

For the Real Estate - Diversified subindustry, Galata Investment Co AD'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.


Galata Investment Co AD's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Galata Investment Co AD's Gross Profit distribution charts can be found below:

* The bar in red indicates where Galata Investment Co AD's Gross Profit falls into.



Galata Investment Co AD Gross Profit Calculation

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

Galata Investment Co AD'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
=0.267 - 0.003
=0.26

Galata Investment Co AD's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.084 - 0.019
=0.07

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was лв0.30 Mil.

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

Galata Investment Co AD's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.07 / 0.084
=77.38 %

* 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.


Galata Investment Co AD  (XBUL:GTH) 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

Galata Investment Co AD had a gross margin of 77.38% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Galata Investment Co AD Gross Profit Related Terms

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Galata Investment Co AD (XBUL:GTH) Business Description

Traded in Other Exchanges
N/A
Address
1 Georgi Stamatov Street, Asparuhovo, Varna, BGR, 9003
Galata Investment Co AD is engaged in the real estate sector. The company is engaged in the buying and selling real estate and letting of its own real estates.

Galata Investment Co AD (XBUL:GTH) Headlines