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Fat Prophets Global Property Fund (ASX:FPP) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Fat Prophets Global Property Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fat Prophets Global Property Fund's Gross Profit for the six months ended in Dec. 2023 was A$-0.14 Mil. Fat Prophets Global Property Fund's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Fat Prophets Global Property Fund's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.


The historical rank and industry rank for Fat Prophets Global Property Fund's Gross Margin % or its related term are showing as below:


ASX:FPP's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 68.695
* Ranked among companies with meaningful Gross Margin % only.

Fat Prophets Global Property Fund had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fat Prophets Global Property Fund was 0.00% per year.


Fat Prophets Global Property Fund Gross Margin % Historical Data

The historical data trend for Fat Prophets Global Property Fund's Gross Margin % 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.

Fat Prophets Global Property Fund Gross Margin % Chart

Fat Prophets Global Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
- - - - -

Fat Prophets Global Property Fund Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Fat Prophets Global Property Fund's Gross Margin %

For the REIT - Diversified subindustry, Fat Prophets Global Property Fund's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Fat Prophets Global Property Fund's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fat Prophets Global Property Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fat Prophets Global Property Fund's Gross Margin % falls into.



Fat Prophets Global Property Fund Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Fat Prophets Global Property Fund's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.201) / 0
= %

Fat Prophets Global Property Fund'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 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.144) / 0
= %

* 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.


Fat Prophets Global Property Fund  (ASX:FPP) Gross Margin % 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

Fat Prophets Global Property Fund had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Fat Prophets Global Property Fund Gross Margin % Related Terms

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Fat Prophets Global Property Fund (ASX:FPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 16, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Fat Prophets Global Property Fund is the investment manager of the Fund. It Fund is an investment trust focused on investments with exposure to real estate. It has a presence in Australia, Singapore, Hong Kong, Japan, the United Kingdom, Europe, and the United States.

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