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BMTC Group (TSX:GBT) Gross Profit : C$224.5 Mil (TTM As of Jan. 2024)


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What is BMTC Group Gross Profit?

BMTC Group's gross profit for the three months ended in Jan. 2024 was C$54.0 Mil. BMTC Group's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was C$224.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BMTC Group's gross profit for the three months ended in Jan. 2024 was C$54.0 Mil. BMTC Group's Revenue for the three months ended in Jan. 2024 was C$134.7 Mil. Therefore, BMTC Group's Gross Margin % for the quarter that ended in Jan. 2024 was 40.09%.

BMTC Group had a gross margin of 40.09% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of BMTC Group was 40.23%. The lowest was 38.77%. And the median was 39.65%.


BMTC Group Gross Profit Historical Data

The historical data trend for BMTC Group'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.

BMTC Group Gross Profit Chart

BMTC Group Annual Data
Trend Dec14 Dec15 Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 286.58 261.10 323.69 283.11 224.46

BMTC Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 64.80 48.15 65.03 57.28 53.99

Competitive Comparison of BMTC Group's Gross Profit

For the Specialty Retail subindustry, BMTC Group'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.


BMTC Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BMTC Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where BMTC Group's Gross Profit falls into.



BMTC Group Gross Profit Calculation

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

BMTC Group's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=578.945 - 354.488
=224.5

BMTC Group's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=134.69 - 80.699
=54.0

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$224.5 Mil.

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

BMTC Group's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=54.0 / 134.69
=40.09 %

* 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.


BMTC Group  (TSX:GBT) 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

BMTC Group had a gross margin of 40.09% for the quarter that ended in Jan. 2024 => Durable competitive advantage


BMTC Group Gross Profit Related Terms

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BMTC Group (TSX:GBT) Business Description

Traded in Other Exchanges
N/A
Address
8500, Place Marien, Montreal-East, QC, CAN, H1B 5W8
BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. It manages and operates a retail network of furniture. The Company considers its retail activities as a single operating segment.

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