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Coast Entertainment Holdings (Coast Entertainment Holdings) Gross Profit : $46.25 Mil (TTM As of Dec. 2023)


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What is Coast Entertainment Holdings Gross Profit?

Coast Entertainment Holdings's gross profit for the six months ended in Dec. 2023 was $23.58 Mil. Coast Entertainment Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $46.25 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coast Entertainment Holdings's gross profit for the six months ended in Dec. 2023 was $23.58 Mil. Coast Entertainment Holdings's Revenue for the six months ended in Dec. 2023 was $28.69 Mil. Therefore, Coast Entertainment Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 82.19%.

Coast Entertainment Holdings had a gross margin of 82.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Coast Entertainment Holdings was 83.57%. The lowest was 72.23%. And the median was 74.59%.


Coast Entertainment Holdings Gross Profit Historical Data

The historical data trend for Coast Entertainment 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.

Coast Entertainment Holdings Gross Profit Chart

Coast Entertainment Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245.43 222.32 246.27 27.84 47.05

Coast Entertainment 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 163.94 -133.22 24.51 22.67 23.58

Competitive Comparison of Coast Entertainment Holdings's Gross Profit

For the Leisure subindustry, Coast Entertainment 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.


Coast Entertainment Holdings's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Coast Entertainment Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Coast Entertainment Holdings's Gross Profit falls into.



Coast Entertainment Holdings Gross Profit Calculation

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

Coast Entertainment Holdings'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
=56.292 - 9.247
=47.05

Coast Entertainment 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
=28.691 - 5.109
=23.58

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 $46.25 Mil.

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

Coast Entertainment 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
=23.58 / 28.691
=82.19 %

* 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.


Coast Entertainment Holdings  (OTCPK:ARDLF) 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

Coast Entertainment Holdings had a gross margin of 82.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Coast Entertainment Holdings Gross Profit Related Terms

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Coast Entertainment Holdings (Coast Entertainment Holdings) Business Description

Traded in Other Exchanges
Address
83 Mount Street, Suite 601, Level 6, North Sydney, Sydney, NSW, AUS, 2060
Ardent Leisure is an owner and operator of leisure assets. Its theme park businesses are situated in Australia, including Dreamworld and WhiteWater World on the Gold Coast. The sale of Main Event in the U.S., completed in June 2022, was executed at a good price, and the proceeds led to a healthy distribution to shareholders. It leaves the group with just the theme parks unit.

Coast Entertainment Holdings (Coast Entertainment Holdings) Headlines

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