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Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Gross Profit : R$84.54 Mil (TTM As of Dec. 2023)


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What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Profit?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's gross profit for the six months ended in Dec. 2023 was R$84.54 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R$84.54 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's gross profit for the six months ended in Dec. 2023 was R$84.54 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Revenue for the six months ended in Dec. 2023 was R$84.54 Mil. Therefore, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 99.99%. The lowest was 97.61%. And the median was 98.80%.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Profit Historical Data

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Profit Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
5.60 26.31 84.54

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Gross Profit 5.60 26.31 84.54

Competitive Comparison of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Profit

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Profit distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Profit falls into.



Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Profit Calculation

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

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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
=84.542 - 0
=84.54

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=84.542 - 0
=84.54

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was R$84.54 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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
=84.54 / 84.542
=N/A %

* 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) 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

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Profit Related Terms

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Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Business Description

Traded in Other Exchanges
Address
Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Headlines

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