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Circle Property (LSE:CRC) Gross Profit : £5.13 Mil (TTM As of Sep. 2022)


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What is Circle Property Gross Profit?

Circle Property's gross profit for the six months ended in Sep. 2022 was £1.77 Mil. Circle Property's gross profit for the trailing twelve months (TTM) ended in Sep. 2022 was £5.13 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Circle Property's gross profit for the six months ended in Sep. 2022 was £1.77 Mil. Circle Property's Revenue for the six months ended in Sep. 2022 was £2.42 Mil. Therefore, Circle Property's Gross Margin % for the quarter that ended in Sep. 2022 was 73.36%.

Circle Property had a gross margin of 73.36% for the quarter that ended in Sep. 2022 => Durable competitive advantage


Circle Property Gross Profit Historical Data

The historical data trend for Circle Property'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.

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Circle Property Gross Profit Chart

Circle Property Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Profit
Get a 7-Day Free Trial 5.38 5.03 5.12 5.30 5.38

Circle Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 2.65 2.01 3.36 1.77

Competitive Comparison of Circle Property's Gross Profit

For the Real Estate Services subindustry, Circle Property'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.


Circle Property's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Circle Property's Gross Profit distribution charts can be found below:

* The bar in red indicates where Circle Property's Gross Profit falls into.



Circle Property Gross Profit Calculation

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

Circle Property's Gross Profit for the fiscal year that ended in Mar. 2022 is calculated as

Gross Profit (A: Mar. 2022 )=Revenue - Cost of Goods Sold
=7.458 - 2.083
=5.38

Circle Property's Gross Profit for the quarter that ended in Sep. 2022 is calculated as

Gross Profit (Q: Sep. 2022 )=Revenue - Cost of Goods Sold
=2.417 - 0.644
=1.77

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £5.13 Mil.

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

Circle Property's Gross Margin % for the quarter that ended in Sep. 2022 is calculated as

Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.77 / 2.417
=73.36 %

* 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.


Circle Property  (LSE:CRC) 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

Circle Property had a gross margin of 73.36% for the quarter that ended in Sep. 2022 => Durable competitive advantage


Circle Property Gross Profit Related Terms

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Circle Property (LSE:CRC) Business Description

Traded in Other Exchanges
N/A
Address
c/o Oak Group (Jersey) Ltd, Castle Street, 3rd Floor, IFC5, St Helier, JEY, JE2 3BY
Circle Property PLC is a property investment company. The company acquires provincial office properties where it can add value by undertaking lease renewals, rent reviews, lettings, and refurbishments. It generates revenue from Rental income. Some of the company's portfolio include Kents Hill Park, Somerset House, One Castlepark, 36 Great Charles Street, Aztec West Business Park, Northampton Business Park, and others. Geographically, it operates only in the United Kingdom.