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Arena REIT (ASX:ARF) Gross Profit : A$91.97 Mil (TTM As of Dec. 2023)


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What is Arena REIT Gross Profit?

Arena REIT's gross profit for the six months ended in Dec. 2023 was A$46.76 Mil. Arena REIT's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$91.97 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arena REIT's gross profit for the six months ended in Dec. 2023 was A$46.76 Mil. Arena REIT's Revenue for the six months ended in Dec. 2023 was A$47.03 Mil. Therefore, Arena REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 99.43%.

Arena REIT had a gross margin of 99.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Arena REIT was 99.37%. The lowest was 87.20%. And the median was 98.00%.


Arena REIT Gross Profit Historical Data

The historical data trend for Arena REIT'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.

Arena REIT Gross Profit Chart

Arena REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.15 61.02 70.10 81.65 92.01

Arena REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 38.29 43.35 46.80 45.21 46.76

Competitive Comparison of Arena REIT's Gross Profit

For the REIT - Specialty subindustry, Arena REIT'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.


Arena REIT's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Arena REIT's Gross Profit falls into.



Arena REIT Gross Profit Calculation

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

Arena REIT's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=92.641 - 0.63500000000001
=92.01

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=47.027 - 0.269
=46.76

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$91.97 Mil.

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

Arena REIT'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
=46.76 / 47.027
=99.43 %

* 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.


Arena REIT  (ASX:ARF) 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

Arena REIT had a gross margin of 99.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Arena REIT Gross Profit Related Terms

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Arena REIT (ASX:ARF) Business Description

Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

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