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Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) Gross Profit : R$9.76 Mil (TTM As of Jun. 2024)


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What is Inter Residence Fundo DE Investimento Imobiliario -FII Gross Profit?

Inter Residence Fundo DE Investimento Imobiliario -FII's gross profit for the six months ended in Jun. 2024 was R$9.76 Mil. Inter Residence Fundo DE Investimento Imobiliario -FII's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was R$9.76 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Inter Residence Fundo DE Investimento Imobiliario -FII's gross profit for the six months ended in Jun. 2024 was R$9.76 Mil. Inter Residence Fundo DE Investimento Imobiliario -FII's Revenue for the six months ended in Jun. 2024 was R$10.47 Mil. Therefore, Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Margin % for the quarter that ended in Jun. 2024 was 93.16%.

Inter Residence Fundo DE Investimento Imobiliario -FII had a gross margin of 93.16% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Inter Residence Fundo DE Investimento Imobiliario -FII was 97.04%. The lowest was 93.16%. And the median was 96.29%.


Inter Residence Fundo DE Investimento Imobiliario -FII Gross Profit Historical Data

The historical data trend for Inter Residence Fundo DE Investimento Imobiliario -FII'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.

Inter Residence Fundo DE Investimento Imobiliario -FII Gross Profit Chart

Inter Residence Fundo DE Investimento Imobiliario -FII Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Profit
3.28 8.51 7.76 8.92

Inter Residence Fundo DE Investimento Imobiliario -FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit 3.28 8.51 7.76 8.92 9.76

Competitive Comparison of Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Profit

For the REIT - Residential subindustry, Inter Residence Fundo DE Investimento Imobiliario -FII'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.


Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Profit distribution charts can be found below:

* The bar in red indicates where Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Profit falls into.


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Inter Residence Fundo DE Investimento Imobiliario -FII Gross Profit Calculation

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

Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=9.448 - 0.53
=8.92

Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=10.474 - 0.716
=9.76

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 was R$9.76 Mil.

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

Inter Residence Fundo DE Investimento Imobiliario -FII's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=9.76 / 10.474
=93.16 %

* 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.


Inter Residence Fundo DE Investimento Imobiliario -FII  (BSP:INRD11) 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

Inter Residence Fundo DE Investimento Imobiliario -FII had a gross margin of 93.16% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Inter Residence Fundo DE Investimento Imobiliario -FII Gross Profit Related Terms

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Inter Residence Fundo DE Investimento Imobiliario -FII Business Description

Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Inter Residence Fundo DE Investimento Imobiliario -FII formerly Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

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