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Wall Financial (TSX:WFC) Gross Profit : C$71.8 Mil (TTM As of Jan. 2024)


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What is Wall Financial Gross Profit?

Wall Financial's gross profit for the three months ended in Jan. 2024 was C$11.5 Mil. Wall Financial's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was C$71.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wall Financial's gross profit for the three months ended in Jan. 2024 was C$11.5 Mil. Wall Financial's Revenue for the three months ended in Jan. 2024 was C$32.6 Mil. Therefore, Wall Financial's Gross Margin % for the quarter that ended in Jan. 2024 was 35.42%.

Wall Financial had a gross margin of 35.42% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Wall Financial was 46.24%. The lowest was 16.85%. And the median was 26.18%.


Wall Financial Gross Profit Historical Data

The historical data trend for Wall Financial'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.

Wall Financial Gross Profit Chart

Wall Financial Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.83 40.59 59.17 63.39 71.77

Wall Financial Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 11.40 13.58 22.97 23.67 11.54

Competitive Comparison of Wall Financial's Gross Profit

For the Real Estate - Development subindustry, Wall Financial'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.


Wall Financial's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Wall Financial's Gross Profit falls into.



Wall Financial Gross Profit Calculation

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

Wall Financial's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=155.203 - 83.438
=71.8

Wall Financial's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=32.592 - 21.048
=11.5

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$71.8 Mil.

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

Wall Financial's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.5 / 32.592
=35.42 %

* 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.


Wall Financial  (TSX:WFC) 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

Wall Financial had a gross margin of 35.42% for the quarter that ended in Jan. 2024 => Competition eroding margins


Wall Financial Gross Profit Related Terms

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Wall Financial (TSX:WFC) Business Description

Traded in Other Exchanges
N/A
Address
1010 Burrard Street, Vancouver, BC, CAN, V6Z 2R9
Wall Financial Corp is in the development and management of residential rental units, the development and construction of residential housing for resale, and the development and management of hotel properties. It owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. It operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).