Sureserve Group (LSE:SUR) Gross Profit : £44.7 Mil (TTM As of Mar. 2023)

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What is Sureserve Group Gross Profit?

Sureserve Group's gross profit for the six months ended in Mar. 2023 was £21.2 Mil. Sureserve Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was £44.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sureserve Group's gross profit for the six months ended in Mar. 2023 was £21.2 Mil. Sureserve Group's Revenue for the six months ended in Mar. 2023 was £155.3 Mil. Therefore, Sureserve Group's Gross Margin % for the quarter that ended in Mar. 2023 was 13.67%.

Sureserve Group had a gross margin of 13.67% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Sureserve Group was 18.02%. The lowest was 8.40%. And the median was 14.61%.

Sureserve Group Gross Profit Historical Data

The historical data trend for Sureserve 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.

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Sureserve Group Gross Profit Chart

Sureserve Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Gross Profit

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27.37

32.88

35.26

36.30

41.05

Sureserve Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Gross Profit	Get a 7-Day Free Trial															15.65	20.65	17.54	23.51	21.23

Competitive Comparison of Sureserve Group's Gross Profit

For the Building Products & Equipment subindustry, Sureserve 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.

Sureserve Group's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sureserve Group's Gross Profit distribution charts can be found below:

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

Sureserve Group Gross Profit Calculation

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

Sureserve Group's Gross Profit for the fiscal year that ended in Sep. 2022 is calculated as

Gross Profit (A: Sep. 2022 )	=	Revenue	-	Cost of Goods Sold
	=	275.096	-	234.049
	=	41.0

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

Gross Profit (Q: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	155.303	-	134.071
	=	21.2

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £44.7 Mil.

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

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

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	21.2	/	155.303
	=	13.67 %

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.

Sureserve Group (LSE:SUR) 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

Sureserve Group had a gross margin of 13.67% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

Sureserve Group Gross Profit Related Terms

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Sureserve Group (LSE:SUR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Crossways Business Park, Crossways Point 15, Victory Way, Dartford, Kent, GBR, DA2 6DT

Website

https://www.sureservegroup.co.uk

Sureserve Group PLC is a compliance and energy support services group that performs critical functions in homes, and public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Its services are delivered through two divisions: Compliance and Energy Services. The Compliance segment is focused on gas, fire, electrics, air, water, and lifts where it contracts under framework agreements. The Energy Services offers services in the energy efficiency sector, including external, internal, and cavity wall insulation, loft insulation, gas central heating, boiler upgrades, and other renewable technologies. All revenue and profit of the company are derived from operations in the United Kingdom.

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