GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunrise Realty Trust Inc (NAS:SUNS) » Definitions » Gross Profit

SUNS (Sunrise Realty Trust) Gross Profit : $10.41 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Sunrise Realty Trust Gross Profit?

Sunrise Realty Trust's gross profit for the three months ended in Dec. 2024 was $3.05 Mil. Sunrise Realty Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $10.41 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sunrise Realty Trust's gross profit for the three months ended in Dec. 2024 was $3.05 Mil. Sunrise Realty Trust's Revenue for the three months ended in Dec. 2024 was $3.45 Mil. Therefore, Sunrise Realty Trust's Gross Margin % for the quarter that ended in Dec. 2024 was 88.59%.

Sunrise Realty Trust had a gross margin of 88.59% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Sunrise Realty Trust was 92.33%. The lowest was 88.75%. And the median was 92.33%.


Sunrise Realty Trust Gross Profit Historical Data

The historical data trend for Sunrise Realty Trust'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.

Sunrise Realty Trust Gross Profit Chart

Sunrise Realty Trust Annual Data
Trend Dec23 Dec24
Gross Profit
- 9.81

Sunrise Realty Trust Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit - 2.62 1.98 2.76 3.05

Competitive Comparison of Sunrise Realty Trust's Gross Profit

For the REIT - Mortgage subindustry, Sunrise Realty Trust'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.


Sunrise Realty Trust's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Sunrise Realty Trust's Gross Profit falls into.


;
;

Sunrise Realty Trust Gross Profit Calculation

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

Sunrise Realty Trust's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=10.628 - 0.815
=9.81

Sunrise Realty Trust's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=3.445 - 0.393
=3.05

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.41 Mil.

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

Sunrise Realty Trust's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.05 / 3.445
=88.59 %

* 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.


Sunrise Realty Trust  (NAS:SUNS) 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

Sunrise Realty Trust had a gross margin of 88.59% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Sunrise Realty Trust Gross Profit Related Terms

Thank you for viewing the detailed overview of Sunrise Realty Trust's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunrise Realty Trust Business Description

Traded in Other Exchanges
N/A
Address
525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401
Sunrise Realty Trust Inc is a real estate investment trust company. It is focus on originating CRE debt investments and providing capital to high-quality borrowers and sponsors with transitional business plans collateralized by CRE assets with opportunities for near-term value creation, as well as recapitalization opportunities. It intends to create a diversified investment portfolio, targeting investments in senior mortgage loans, mezzanine loans, whole loans, B-notes, CMBS and debt-like preferred equity securities across CRE asset classes and investment mix to include high quality multi-family, condominiums, retail, office, hospitality, industrial, mixed use and specialty-use real estate.