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Dominion Lending Centres (Dominion Lending Centres) Gross Profit : $40.32 Mil (TTM As of Mar. 2024)


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What is Dominion Lending Centres Gross Profit?

Dominion Lending Centres's gross profit for the three months ended in Mar. 2024 was $8.62 Mil. Dominion Lending Centres's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $40.32 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dominion Lending Centres's gross profit for the three months ended in Mar. 2024 was $8.62 Mil. Dominion Lending Centres's Revenue for the three months ended in Mar. 2024 was $10.07 Mil. Therefore, Dominion Lending Centres's Gross Margin % for the quarter that ended in Mar. 2024 was 85.59%.

Dominion Lending Centres had a gross margin of 85.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Dominion Lending Centres was 87.51%. The lowest was 79.14%. And the median was 84.86%.


Dominion Lending Centres Gross Profit Historical Data

The historical data trend for Dominion Lending Centres'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.

Dominion Lending Centres Gross Profit Chart

Dominion Lending Centres Annual Data
Trend Sep13 Sep14 Sep15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.71 35.76 53.88 44.18 38.83

Dominion Lending Centres 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 6.97 9.56 12.82 9.32 8.62

Competitive Comparison of Dominion Lending Centres's Gross Profit

For the Mortgage Finance subindustry, Dominion Lending Centres'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.


Dominion Lending Centres's Gross Profit Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dominion Lending Centres's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dominion Lending Centres's Gross Profit falls into.



Dominion Lending Centres Gross Profit Calculation

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

Dominion Lending Centres'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
=46.599 - 7.774
=38.83

Dominion Lending Centres's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=10.074 - 1.452
=8.62

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 $40.32 Mil.

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

Dominion Lending Centres'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
=8.62 / 10.074
=85.59 %

* 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.


Dominion Lending Centres  (OTCPK:BRLGF) 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

Dominion Lending Centres had a gross margin of 85.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Dominion Lending Centres Gross Profit Related Terms

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Dominion Lending Centres (Dominion Lending Centres) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street SW, Suite 400, Calgary, AB, CAN, T2S 1X1
Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.