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Mailbox REIT (IPSX:MBOX) Gross Margin % : 59.16% (As of Jun. 2023)


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What is Mailbox REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mailbox REIT's Gross Profit for the six months ended in Jun. 2023 was £5.05 Mil. Mailbox REIT's Revenue for the six months ended in Jun. 2023 was £8.53 Mil. Therefore, Mailbox REIT's Gross Margin % for the quarter that ended in Jun. 2023 was 59.16%.


The historical rank and industry rank for Mailbox REIT's Gross Margin % or its related term are showing as below:

IPSX:MBOX' s Gross Margin % Range Over the Past 10 Years
Min: 57   Med: 61.48   Max: 65.54
Current: 64.01

During the past 4 years, the highest Gross Margin % of Mailbox REIT was 65.54%. The lowest was 57.00%. And the median was 61.48%.

IPSX:MBOX's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.91 vs IPSX:MBOX: 64.01

Mailbox REIT had a gross margin of 59.16% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mailbox REIT was 0.00% per year.

Mailbox REIT Gross Margin % Historical Data

The historical data trend for Mailbox REIT'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.

Mailbox REIT Gross Margin % Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Margin %
- 61.48 57.00 65.54

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % Get a 7-Day Free Trial 63.26 50.44 61.95 69.58 59.16

Competitive Comparison of Mailbox REIT's Gross Margin %

For the REIT - Diversified subindustry, Mailbox REIT'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.

Mailbox REIT's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Mailbox REIT's Gross Margin % falls into.


Mailbox REIT Gross Margin % Calculation

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

Mailbox REIT's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=10.3 / 15.758
=(Revenue - Cost of Goods Sold) / Revenue
=(15.758 - 5.43) / 15.758
=65.54 %

Mailbox REIT's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=5 / 8.528
=(Revenue - Cost of Goods Sold) / Revenue
=(8.528 - 3.483) / 8.528
=59.16 %

* 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.

Mailbox REIT  (IPSX:MBOX) 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

Mailbox REIT had a gross margin of 59.16% for the quarter that ended in Jun. 2023 => Durable 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.

Mailbox REIT Gross Margin % Related Terms

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Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Gross Margin %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.