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Acanthe Developpement (XPAR:ACAN) Gross Profit : €3.05 Mil (TTM As of Dec. 2023)


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What is Acanthe Developpement Gross Profit?

Acanthe Developpement's gross profit for the six months ended in Dec. 2023 was €1.53 Mil. Acanthe Developpement's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €3.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Acanthe Developpement's gross profit for the six months ended in Dec. 2023 was €1.53 Mil. Acanthe Developpement's Revenue for the six months ended in Dec. 2023 was €1.98 Mil. Therefore, Acanthe Developpement's Gross Margin % for the quarter that ended in Dec. 2023 was 77.39%.

Acanthe Developpement had a gross margin of 77.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Acanthe Developpement was 78.61%. The lowest was 58.55%. And the median was 74.49%.


Acanthe Developpement Gross Profit Historical Data

The historical data trend for Acanthe Developpement'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.

Acanthe Developpement Gross Profit Chart

Acanthe Developpement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 3.71 2.88 2.82 3.05

Acanthe Developpement Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 1.43 1.40 1.52 1.53

Competitive Comparison of Acanthe Developpement's Gross Profit

For the REIT - Office subindustry, Acanthe Developpement'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.


Acanthe Developpement's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Acanthe Developpement's Gross Profit falls into.



Acanthe Developpement Gross Profit Calculation

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

Acanthe Developpement'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
=3.967 - 0.92
=3.05

Acanthe Developpement's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1.977 - 0.447
=1.53

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3.05 Mil.

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

Acanthe Developpement'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
=1.53 / 1.977
=77.39 %

* 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.


Acanthe Developpement  (XPAR:ACAN) 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

Acanthe Developpement had a gross margin of 77.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Acanthe Developpement Gross Profit Related Terms

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Acanthe Developpement (XPAR:ACAN) Business Description

Traded in Other Exchanges
Address
2, rue de Bassano, Paris, FRA, 75116
Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.