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S IMMO AG (WBO:SPI) Gross Profit : €179.3 Mil (TTM As of Dec. 2023)


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What is S IMMO AG Gross Profit?

S IMMO AG's gross profit for the three months ended in Dec. 2023 was €49.1 Mil. S IMMO AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €179.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. S IMMO AG's gross profit for the three months ended in Dec. 2023 was €49.1 Mil. S IMMO AG's Revenue for the three months ended in Dec. 2023 was €96.1 Mil. Therefore, S IMMO AG's Gross Margin % for the quarter that ended in Dec. 2023 was 51.08%.

S IMMO AG had a gross margin of 51.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of S IMMO AG was 54.76%. The lowest was 50.53%. And the median was 52.79%.


S IMMO AG Gross Profit Historical Data

The historical data trend for S IMMO AG'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.

S IMMO AG Gross Profit Chart

S IMMO AG 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 109.71 91.53 109.53 140.20 179.25

S IMMO AG 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 40.46 40.31 45.71 44.13 49.10

Competitive Comparison of S IMMO AG's Gross Profit

For the Real Estate Services subindustry, S IMMO AG'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.


S IMMO AG's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, S IMMO AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where S IMMO AG's Gross Profit falls into.



S IMMO AG Gross Profit Calculation

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

S IMMO AG'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
=340.671 - 161.419
=179.3

S IMMO AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=96.132 - 47.028
=49.1

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 €179.3 Mil.

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

S IMMO AG'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
=49.1 / 96.132
=51.08 %

* 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.


S IMMO AG  (WBO:SPI) 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

S IMMO AG had a gross margin of 51.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage


S IMMO AG Gross Profit Related Terms

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S IMMO AG (WBO:SPI) Business Description

Traded in Other Exchanges
Address
Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010
S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.