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Lamda Development (LTS:0NCY) Gross Profit : €176.8 Mil (TTM As of Dec. 2023)


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What is Lamda Development Gross Profit?

Lamda Development's gross profit for the three months ended in Dec. 2023 was €111.6 Mil. Lamda Development's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €176.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lamda Development's gross profit for the three months ended in Dec. 2023 was €111.6 Mil. Lamda Development's Revenue for the three months ended in Dec. 2023 was €244.8 Mil. Therefore, Lamda Development's Gross Margin % for the quarter that ended in Dec. 2023 was 45.61%.

Lamda Development had a gross margin of 45.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Lamda Development was 82.89%. The lowest was 23.97%. And the median was 65.23%.

Warning Sign:

Lamda Development SA gross margin has been in long-term decline. The average rate of decline per year is -19.6%.


Lamda Development Gross Profit Historical Data

The historical data trend for Lamda Development'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.

Lamda Development Gross Profit Chart

Lamda Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.63 42.67 35.23 33.97 176.76

Lamda Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.58 16.62 29.43 19.06 111.64

Competitive Comparison of Lamda Development's Gross Profit

For the Real Estate - Development subindustry, Lamda Development'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.


Lamda Development's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Lamda Development's Gross Profit falls into.



Lamda Development Gross Profit Calculation

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

Lamda Development's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=450.611 - 273.853
=176.8

Lamda Development's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=244.76 - 133.12
=111.6

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €176.8 Mil.

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

Lamda Development's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=111.6 / 244.76
=45.61 %

* 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.


Lamda Development  (LTS:0NCY) 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

Lamda Development had a gross margin of 45.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Lamda Development Gross Profit Related Terms

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Lamda Development (LTS:0NCY) Business Description

Traded in Other Exchanges
Address
37A Kifissias Avenue (Inside Golden Hall), Maroussi, GRC, 15123
Lamda Development SA is a holding company specializing in real estate development, investment, and management. The company's development portfolio includes three commercial and leisure centers, namely The Mall Athens, Golden Hall, and Mediterranean Cosmos; office buildings, and residential complexes. The company's investment portfolio is located in Greece and is mostly in the retail industry. In addition, Lamda Development develops land, builds marinas, maintains yachts, and provides refurbishing and airport services.

Lamda Development (LTS:0NCY) Headlines

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