NewRiver REIT (NewRiver REIT) Gross Profit : $55.01 Mil (TTM As of Sep. 2023)

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What is NewRiver REIT Gross Profit?

NewRiver REIT's gross profit for the six months ended in Sep. 2023 was $26.61 Mil. NewRiver REIT's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $55.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NewRiver REIT's gross profit for the six months ended in Sep. 2023 was $26.61 Mil. NewRiver REIT's Revenue for the six months ended in Sep. 2023 was $41.09 Mil. Therefore, NewRiver REIT's Gross Margin % for the quarter that ended in Sep. 2023 was 64.76%.

NewRiver REIT had a gross margin of 64.76% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of NewRiver REIT was 89.72%. The lowest was 58.82%. And the median was 73.41%.

Warning Sign:

NewRiver REIT PLC gross margin has been in long-term decline. The average rate of decline per year is -3.1%.

NewRiver REIT Gross Profit Historical Data

The historical data trend for NewRiver 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.

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NewRiver REIT Gross Profit Chart

NewRiver REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

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117.26

111.14

59.64

63.51

57.16

NewRiver REIT 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															32.42	32.41	26.84	28.40	26.61

Competitive Comparison of NewRiver REIT's Gross Profit

For the REIT - Retail subindustry, NewRiver 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.

NewRiver REIT's Gross Profit Distribution in the REITs Industry

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

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

NewRiver REIT Gross Profit Calculation

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

NewRiver REIT'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
	=	87.621	-	30.461
	=	57.16

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

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	41.089	-	14.48
	=	26.61

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 $55.01 Mil.

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

NewRiver REIT'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
	=	26.61	/	41.089
	=	64.76 %

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.

NewRiver REIT (OTCPK:NRWRF) 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

NewRiver REIT had a gross margin of 64.76% for the quarter that ended in Sep. 2023 => Durable competitive advantage

NewRiver REIT Gross Profit Related Terms

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NewRiver REIT (NewRiver REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewRiver REIT PLC (OTCPK:NRWRF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

NRRl:UK NRR:UK

Address

89 Whitfield Street, London, GBR, W1T 4DE

Website

https://www.nrr.co.uk

NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.