Rex Trueform Group (JSE:RTN) Gross Profit : R321.6 Mil (TTM As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Rex Trueform Group Gross Profit?

Rex Trueform Group's gross profit for the six months ended in Jun. 2024 was R142.3 Mil. Rex Trueform Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was R321.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rex Trueform Group's gross profit for the six months ended in Jun. 2024 was R142.3 Mil. Rex Trueform Group's Revenue for the six months ended in Jun. 2024 was R318.1 Mil. Therefore, Rex Trueform Group's Gross Margin % for the quarter that ended in Jun. 2024 was 44.74%.

Rex Trueform Group had a gross margin of 44.74% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Rex Trueform Group was 56.27%. The lowest was 45.71%. And the median was 53.15%.

Warning Sign:

Rex Trueform Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.

Rex Trueform Group Gross Profit Historical Data

The historical data trend for Rex Trueform 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.

Rex Trueform Group Gross Profit Chart

Rex Trueform Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross Profit

Get a 7-Day Free Trial

274.04

242.54

327.67

354.42

321.57

Rex Trueform 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															166.92	187.21	167.21	179.26	142.32

Competitive Comparison of Rex Trueform Group's Gross Profit

For the Apparel Retail subindustry, Rex Trueform 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.

Rex Trueform Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rex Trueform Group's Gross Profit distribution charts can be found below:

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

Rex Trueform Group Gross Profit Calculation

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

Rex Trueform 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
	=	703.47	-	381.897
	=	321.6

Rex Trueform 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
	=	318.085	-	175.77
	=	142.3

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 R321.6 Mil.

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

Rex Trueform 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
	=	142.3	/	318.085
	=	44.74 %

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.

Rex Trueform Group (JSE:RTN) 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

Rex Trueform Group had a gross margin of 44.74% for the quarter that ended in Jun. 2024 => Durable competitive advantage

Rex Trueform Group Gross Profit Related Terms

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

Rex Trueform Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rex Trueform Group Ltd (JSE:RTN) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

RTO:South Africa

Address

263 Victoria Road, Unit 1, Rex Trueform Office Park, Salt River, Cape Town, WC, ZAF, 7925

Website

https://www.rextrueform.com

Rex Trueform Group Ltd is a holding company. It is organized into four segments: Retail segment which comprises of the retailing of fashion apparel through Queenspark stores in South Africa. Property segment comprising of the group's property portfolio based in Cape Town, which includes both investment and owner occupied properties. Media and broadcasting segment engaged in the provision of media and satellite equipment and services through Telemedia. Water infrastructure segment comprises of an indirect investment made in a private water and wastewater utility group. The company generates maximum revenue from South Africa.