Redefine Properties (JSE:RDF) Gross Profit : R6,355 Mil (TTM As of Aug. 2024)

Redefine Properties Gross Profit Chart

Redefine Properties Annual Data
	Trend	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23	Aug24
Gross Profit		Get a 7-Day Free Trial					5,638.49	4,175.85	4,875.35	5,905.63	6,354.52

Redefine Properties Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Gross Profit	Get a 7-Day Free Trial															2,884.96	2,852.91	3,052.72	3,142.48	3,212.04

Competitive Comparison of Redefine Properties's Gross Profit

For the REIT - Diversified subindustry, Redefine Properties'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.

Redefine Properties's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Redefine Properties's Gross Profit falls into.

Redefine Properties Gross Profit Calculation

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

Redefine Properties's Gross Profit for the fiscal year that ended in Aug. 2024 is calculated as

Redefine Properties's Gross Profit for the quarter that ended in Aug. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R6,355 Mil.

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

Redefine Properties's Gross Margin % for the quarter that ended in Aug. 2024 is calculated as

* 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.

Redefine Properties  (JSE:RDF) 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

Redefine Properties had a gross margin of 59.03% for the quarter that ended in Aug. 2024 => Durable competitive advantage

Redefine Properties Gross Profit Related Terms

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Redefine Properties Business Description