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BuildDirect.com Technologies (TSXV:BILD) Gross Profit : C$37.53 Mil (TTM As of Dec. 2023)


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What is BuildDirect.com Technologies Gross Profit?

BuildDirect.com Technologies's gross profit for the three months ended in Dec. 2023 was C$7.99 Mil. BuildDirect.com Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$37.53 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BuildDirect.com Technologies's gross profit for the three months ended in Dec. 2023 was C$7.99 Mil. BuildDirect.com Technologies's Revenue for the three months ended in Dec. 2023 was C$22.70 Mil. Therefore, BuildDirect.com Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 35.22%.

BuildDirect.com Technologies had a gross margin of 35.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of BuildDirect.com Technologies was 38.53%. The lowest was 34.69%. And the median was 36.77%.


BuildDirect.com Technologies Gross Profit Historical Data

The historical data trend for BuildDirect.com Technologies'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.

BuildDirect.com Technologies Gross Profit Chart

BuildDirect.com Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
25.65 40.75 43.43 37.36

BuildDirect.com Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.73 9.57 10.06 9.91 7.99

Competitive Comparison of BuildDirect.com Technologies's Gross Profit

For the Internet Content & Information subindustry, BuildDirect.com Technologies'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.


BuildDirect.com Technologies's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BuildDirect.com Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where BuildDirect.com Technologies's Gross Profit falls into.



BuildDirect.com Technologies Gross Profit Calculation

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

BuildDirect.com Technologies's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=96.97 - 59.61
=37.36

BuildDirect.com Technologies's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=22.696 - 14.703
=7.99

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$37.53 Mil.

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

BuildDirect.com Technologies'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.99 / 22.696
=35.22 %

* 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.


BuildDirect.com Technologies  (TSXV:BILD) 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

BuildDirect.com Technologies had a gross margin of 35.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


BuildDirect.com Technologies Gross Profit Related Terms

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BuildDirect.com Technologies (TSXV:BILD) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4
BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.
Executives
Milan Roy Director

BuildDirect.com Technologies (TSXV:BILD) Headlines

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