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Mountview Estates (LSE:MTVW) Gross Profit : £43.55 Mil (TTM As of Sep. 2023)


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What is Mountview Estates Gross Profit?

Mountview Estates's gross profit for the six months ended in Sep. 2023 was £24.23 Mil. Mountview Estates's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was £43.55 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mountview Estates's gross profit for the six months ended in Sep. 2023 was £24.23 Mil. Mountview Estates's Revenue for the six months ended in Sep. 2023 was £39.24 Mil. Therefore, Mountview Estates's Gross Margin % for the quarter that ended in Sep. 2023 was 61.75%.

Mountview Estates had a gross margin of 61.75% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Mountview Estates was 66.54%. The lowest was 55.17%. And the median was 63.06%.

Warning Sign:

Mountview Estates PLC gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Mountview Estates Gross Profit Historical Data

The historical data trend for Mountview Estates'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.

Mountview Estates Gross Profit Chart

Mountview Estates Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.80 41.35 43.22 40.87 40.60

Mountview Estates Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 17.96 22.91 21.28 19.32 24.23

Competitive Comparison of Mountview Estates's Gross Profit

For the Real Estate Services subindustry, Mountview Estates'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.


Mountview Estates's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mountview Estates's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mountview Estates's Gross Profit falls into.



Mountview Estates Gross Profit Calculation

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

Mountview Estates's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=73.593 - 32.993
=40.60

Mountview Estates's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=39.236 - 15.007
=24.23

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £43.55 Mil.

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

Mountview Estates's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=24.23 / 39.236
=61.75 %

* 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.


Mountview Estates  (LSE:MTVW) 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

Mountview Estates had a gross margin of 61.75% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Mountview Estates Gross Profit Related Terms

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Mountview Estates (LSE:MTVW) Business Description

Traded in Other Exchanges
Address
151 High Street, Mountview House, Southgate, London, GBR, N14 6EW
Mountview Estates PLC is a property trading company. The company owns and acquires tenanted residential property throughout the United Kingdom and sells such property when it becomes vacant. Its operating segment includes Property Trading and Property Investment. The company derives maximum revenue from the Property Trading segment. It generates revenue from sales of properties, and rental income from properties held as trading stock, investment, and others.

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