Spear REIT (JSE:SEA) Gross Profit : R400.9 Mil (TTM As of Feb. 2024)

Spear REIT Gross Profit Chart

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Gross Profit	Get a 7-Day Free Trial										184.42	192.03	190.10	192.27	208.61

Competitive Comparison of Spear REIT's Gross Profit

For the REIT - Diversified subindustry, Spear REIT'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.

Spear REIT's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Spear REIT's Gross Profit falls into.

Spear REIT Gross Profit Calculation

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

Spear REIT's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Spear REIT's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R400.9 Mil.

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

Spear REIT's Gross Margin % for the quarter that ended in Feb. 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.

Spear REIT  (JSE:SEA) 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

Spear REIT had a gross margin of 64.75% for the quarter that ended in Feb. 2024 => Durable competitive advantage

Spear REIT Gross Profit Related Terms

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Spear REIT (JSE:SEA) Business Description