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Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Gross Margin % : 89.45% (As of Jun. 2023)


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What is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Profit for the six months ended in Jun. 2023 was R$346.9 Mil. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Revenue for the six months ended in Jun. 2023 was R$387.8 Mil. Therefore, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin % for the quarter that ended in Jun. 2023 was 89.45%.


The historical rank and industry rank for Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin % or its related term are showing as below:

BSP:IRDM11' s Gross Margin % Range Over the Past 10 Years
Min: 80.48   Med: 87.1   Max: 91.82
Current: 89.45


During the past 6 years, the highest Gross Margin % of Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios was 91.82%. The lowest was 80.48%. And the median was 87.10%.

BSP:IRDM11's Gross Margin % is ranked better than
84.65% of 632 companies
in the REITs industry
Industry Median: 68.695 vs BSP:IRDM11: 89.45

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios had a gross margin of 89.45% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios was 1.80% per year.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Gross Margin % Historical Data

The historical data trend for Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios'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.

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Gross Margin % Chart

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial 89.72 83.27 84.74 91.82 89.45

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin % Get a 7-Day Free Trial 89.72 83.27 84.74 91.82 89.45

Competitive Comparison of Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin %

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios'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.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin % falls into.



Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Gross Margin % Calculation

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

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=346.9 / 387.834
=(Revenue - Cost of Goods Sold) / Revenue
=(387.834 - 40.935) / 387.834
=89.45 %

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=346.9 / 387.834
=(Revenue - Cost of Goods Sold) / Revenue
=(387.834 - 40.935) / 387.834
=89.45 %

* 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.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios  (BSP:IRDM11) 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

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios had a gross margin of 89.45% for the quarter that ended in Jun. 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.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Gross Margin % Related Terms

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Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Business Description

Traded in Other Exchanges
N/A
Address
Rua Joaquim Floriano, 100, 9th Floor, Sao Paulo, SP, BRA, 04534-000
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios is a real estate investment fund whose main focus is investment in real estate recieveable certificates.

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Headlines

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