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Burstone Group (JSE:BTN) Gross Profit : R891 Mil (TTM As of Sep. 2023)


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What is Burstone Group Gross Profit?

Burstone Group's gross profit for the six months ended in Sep. 2023 was R674 Mil. Burstone Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was R891 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Burstone Group's gross profit for the six months ended in Sep. 2023 was R674 Mil. Burstone Group's Revenue for the six months ended in Sep. 2023 was R986 Mil. Therefore, Burstone Group's Gross Margin % for the quarter that ended in Sep. 2023 was 68.34%.

Burstone Group had a gross margin of 68.34% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Burstone Group was 88.24%. The lowest was 56.15%. And the median was 82.31%.

Warning Sign:

Burstone Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.


Burstone Group Gross Profit Historical Data

The historical data trend for Burstone 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.

Burstone Group Gross Profit Chart

Burstone Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,464.77 1,395.29 1,102.23 840.21 818.84

Burstone Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 573.33 266.89 601.86 216.99 674.16

Competitive Comparison of Burstone Group's Gross Profit

For the REIT - Diversified subindustry, Burstone 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.


Burstone Group's Gross Profit Distribution in the REITs Industry

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

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



Burstone Group Gross Profit Calculation

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

Burstone Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=1458.373 - 639.531
=819

Burstone Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=986.427 - 312.265
=674

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R891 Mil.

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

Burstone Group's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=674 / 986.427
=68.34 %

* 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.


Burstone Group  (JSE:BTN) 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

Burstone Group had a gross margin of 68.34% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Burstone Group Gross Profit Related Terms

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Burstone Group (JSE:BTN) Business Description

Traded in Other Exchanges
N/A
Address
100 Grayston Drive, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Burstone Group Ltd Formerly Investec Property Fund Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.

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