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FairPlay Properties REIT (XBUL:FPP) Gross Profit : лв10.33 Mil (TTM As of Dec. 2023)


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What is FairPlay Properties REIT Gross Profit?

FairPlay Properties REIT's gross profit for the three months ended in Dec. 2023 was лв2.98 Mil. FairPlay Properties REIT's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was лв10.33 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FairPlay Properties REIT's gross profit for the three months ended in Dec. 2023 was лв2.98 Mil. FairPlay Properties REIT's Revenue for the three months ended in Dec. 2023 was лв3.00 Mil. Therefore, FairPlay Properties REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 99.30%.

FairPlay Properties REIT had a gross margin of 99.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of FairPlay Properties REIT was 98.54%. The lowest was 81.12%. And the median was 94.40%.


FairPlay Properties REIT Gross Profit Historical Data

The historical data trend for FairPlay Properties REIT'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.

FairPlay Properties REIT Gross Profit Chart

FairPlay Properties REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 5.83 3.13 9.43 10.11 10.33

FairPlay Properties REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.28 2.56 2.03 2.75 2.98

Competitive Comparison of FairPlay Properties REIT's Gross Profit

For the REIT - Diversified subindustry, FairPlay Properties REIT'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.


FairPlay Properties REIT's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FairPlay Properties REIT's Gross Profit distribution charts can be found below:

* The bar in red indicates where FairPlay Properties REIT's Gross Profit falls into.



FairPlay Properties REIT Gross Profit Calculation

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

FairPlay Properties REIT'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
=10.507 - 0.182
=10.33

FairPlay Properties REIT's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3.004 - 0.021
=2.98

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was лв10.33 Mil.

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

FairPlay Properties REIT'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
=2.98 / 3.004
=99.30 %

* 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.


FairPlay Properties REIT  (XBUL:FPP) 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

FairPlay Properties REIT had a gross margin of 99.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage


FairPlay Properties REIT Gross Profit Related Terms

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FairPlay Properties REIT (XBUL:FPP) Business Description

Traded in Other Exchanges
N/A
Address
51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.

FairPlay Properties REIT (XBUL:FPP) Headlines

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