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TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) Gross Profit : ₺80.5 Mil (TTM As of Jun. 2024)


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What is TSKB Gayrimenkul Yatirim Ortakligi AS Gross Profit?

TSKB Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Jun. 2024 was ₺12.6 Mil. TSKB Gayrimenkul Yatirim Ortakligi AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ₺80.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TSKB Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Jun. 2024 was ₺12.6 Mil. TSKB Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Jun. 2024 was ₺32.6 Mil. Therefore, TSKB Gayrimenkul Yatirim Ortakligi AS's Gross Margin % for the quarter that ended in Jun. 2024 was 38.57%.

TSKB Gayrimenkul Yatirim Ortakligi AS had a gross margin of 38.57% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of TSKB Gayrimenkul Yatirim Ortakligi AS was 65.17%. The lowest was 48.40%. And the median was 62.09%.

Warning Sign:

TSKB Gayrimenkul Yatirim Ortakligi AS gross margin has been in long-term decline. The average rate of decline per year is -3%.


TSKB Gayrimenkul Yatirim Ortakligi AS Gross Profit Historical Data

The historical data trend for TSKB Gayrimenkul Yatirim Ortakligi AS'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.

TSKB Gayrimenkul Yatirim Ortakligi AS Gross Profit Chart

TSKB Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 12.87 18.61 45.30 66.92

TSKB Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 14.84 12.89 31.79 23.21 12.59

Competitive Comparison of TSKB Gayrimenkul Yatirim Ortakligi AS's Gross Profit

For the REIT - Office subindustry, TSKB Gayrimenkul Yatirim Ortakligi AS'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.


TSKB Gayrimenkul Yatirim Ortakligi AS's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, TSKB Gayrimenkul Yatirim Ortakligi AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where TSKB Gayrimenkul Yatirim Ortakligi AS's Gross Profit falls into.



TSKB Gayrimenkul Yatirim Ortakligi AS Gross Profit Calculation

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

TSKB Gayrimenkul Yatirim Ortakligi AS'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
=123.649 - 56.733
=66.9

TSKB Gayrimenkul Yatirim Ortakligi AS's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=32.636 - 20.049
=12.6

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺80.5 Mil.

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

TSKB Gayrimenkul Yatirim Ortakligi AS'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
=12.6 / 32.636
=38.57 %

* 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.


TSKB Gayrimenkul Yatirim Ortakligi AS  (IST:TSGYO) 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

TSKB Gayrimenkul Yatirim Ortakligi AS had a gross margin of 38.57% for the quarter that ended in Jun. 2024 => Competition eroding margins


TSKB Gayrimenkul Yatirim Ortakligi AS Gross Profit Related Terms

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TSKB Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Cad, Mollabay?r? Sok. No:1, F?nd?kl?, Instanbul, TUR, 34427
TSKB Gayrimenkul Yatirim Ortakligi AS is a portfolio management company that invests in real estate and real estate projects. The company focuses to create and develop a profitable real estate portfolio in order to provide high returns to its shareholders. It invests in real estate properties, real estate-based capital market instruments, real estate projects, real estate-based rights and capital market instruments. Geographically the business activities are carried out through the region of Turkey.

TSKB Gayrimenkul Yatirim Ortakligi AS Headlines

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