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BurgerFi International (STU:0LS) Gross Profit : €31.7 Mil (TTM As of Mar. 2024)


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What is BurgerFi International Gross Profit?

BurgerFi International's gross profit for the three months ended in Mar. 2024 was €6.4 Mil. BurgerFi International's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €31.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BurgerFi International's gross profit for the three months ended in Mar. 2024 was €6.4 Mil. BurgerFi International's Revenue for the three months ended in Mar. 2024 was €39.4 Mil. Therefore, BurgerFi International's Gross Margin % for the quarter that ended in Mar. 2024 was 16.26%.

BurgerFi International had a gross margin of 16.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of BurgerFi International was 32.54%. The lowest was 15.98%. And the median was 23.23%.


BurgerFi International Gross Profit Historical Data

The historical data trend for BurgerFi International'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.

BurgerFi International Gross Profit Chart

BurgerFi International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 9.83 7.33 14.16 28.98 24.92

BurgerFi International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.98 14.79 5.20 5.30 6.41

Competitive Comparison of BurgerFi International's Gross Profit

For the Restaurants subindustry, BurgerFi International'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.


BurgerFi International's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BurgerFi International's Gross Profit distribution charts can be found below:

* The bar in red indicates where BurgerFi International's Gross Profit falls into.



BurgerFi International Gross Profit Calculation

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

BurgerFi International'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
=155.982 - 131.062
=24.9

BurgerFi International's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=39.449 - 33.035
=6.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €31.7 Mil.

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

BurgerFi International's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.4 / 39.449
=16.26 %

* 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.


BurgerFi International  (STU:0LS) 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

BurgerFi International had a gross margin of 16.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


BurgerFi International Gross Profit Related Terms

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BurgerFi International Business Description

Traded in Other Exchanges
Address
200 West Cypress Creek Road, Suite 220, Fort Lauderdale, FL, USA, 33309
BurgerFi International Inc is a leading multi-brand restaurant company that develops, markets and acquires fast-casual and premium-casual dining restaurant concepts around the world, including corporate-owned stores and franchises. The company has approximately 114 BurgerFi restaurants. It offers a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine, and more.

BurgerFi International Headlines

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