GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Finbar Group Ltd (ASX:FRI) » Definitions » Gross Profit

Finbar Group (ASX:FRI) Gross Profit : A$20.9 Mil (TTM As of Jun. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Finbar Group Gross Profit?

Finbar Group's gross profit for the six months ended in Jun. 2024 was A$15.1 Mil. Finbar Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was A$20.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Finbar Group's gross profit for the six months ended in Jun. 2024 was A$15.1 Mil. Finbar Group's Revenue for the six months ended in Jun. 2024 was A$179.6 Mil. Therefore, Finbar Group's Gross Margin % for the quarter that ended in Jun. 2024 was 8.42%.

Finbar Group had a gross margin of 8.42% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Finbar Group was 28.65%. The lowest was 10.45%. And the median was 16.33%.


Finbar Group Gross Profit Historical Data

The historical data trend for Finbar Group'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.

Finbar Group Gross Profit Chart

Finbar Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.94 15.06 14.96 9.11 20.92

Finbar Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.46 6.63 2.48 5.80 15.12

Competitive Comparison of Finbar Group's Gross Profit

For the Real Estate - Development subindustry, Finbar Group'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.


Finbar Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Finbar Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Finbar Group's Gross Profit falls into.



Finbar Group Gross Profit Calculation

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

Finbar Group's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=186.142 - 165.221
=20.9

Finbar Group's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=179.648 - 164.527
=15.1

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$20.9 Mil.

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

Finbar Group'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
=15.1 / 179.648
=8.42 %

* 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.


Finbar Group  (ASX:FRI) 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

Finbar Group had a gross margin of 8.42% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Finbar Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Finbar Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Finbar Group Business Description

Traded in Other Exchanges
N/A
Address
181 Adelaide Terrace, Level 6, East Perth, Perth, WA, AUS, 6004
Finbar Group Ltd develops and invests in properties in Australia. The company develops medium to high density residential apartments and commercial properties, as well as rents its properties in Western Australia. It operates through the following segments: Residential apartment development, Commercial office/Retail development, Rental of property, and Corporate. The majority of the group's revenue is generated through the Residential apartment development segment in Western Australia. Geographically the group operates in Western Australia.