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Creative Mediammunity Trust (Creative Mediammunity Trust) Gross Profit : $52.6 Mil (TTM As of Dec. 2023)


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What is Creative Mediammunity Trust Gross Profit?

Creative Mediammunity Trust's gross profit for the three months ended in Dec. 2023 was $15.7 Mil. Creative Mediammunity Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $52.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Creative Mediammunity Trust's gross profit for the three months ended in Dec. 2023 was $15.7 Mil. Creative Mediammunity Trust's Revenue for the three months ended in Dec. 2023 was $29.5 Mil. Therefore, Creative Mediammunity Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 53.39%.

Creative Mediammunity Trust had a gross margin of 53.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Creative Mediammunity Trust was 57.10%. The lowest was 43.47%. And the median was 51.82%.

Warning Sign:

Creative Media & Community Trust gross margin has been in long-term decline. The average rate of decline per year is -4%.


Creative Mediammunity Trust Gross Profit Historical Data

The historical data trend for Creative Mediammunity Trust'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.

Creative Mediammunity Trust Gross Profit Chart

Creative Mediammunity Trust 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 71.88 33.93 47.68 47.53 51.84

Creative Mediammunity Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.87 12.55 13.57 10.71 15.73

Competitive Comparison of Creative Mediammunity Trust's Gross Profit

For the REIT - Office subindustry, Creative Mediammunity Trust'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.


Creative Mediammunity Trust's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Creative Mediammunity Trust's Gross Profit falls into.



Creative Mediammunity Trust Gross Profit Calculation

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

Creative Mediammunity Trust'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
=119.258 - 67.414
=51.8

Creative Mediammunity Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=29.468 - 13.735
=15.7

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 $52.6 Mil.

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

Creative Mediammunity Trust'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
=15.7 / 29.468
=53.39 %

* 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.


Creative Mediammunity Trust  (NAS:CMCT) 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

Creative Mediammunity Trust had a gross margin of 53.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Creative Mediammunity Trust Gross Profit Related Terms

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Creative Mediammunity Trust (Creative Mediammunity Trust) Business Description

Traded in Other Exchanges
Address
17950 Preston Road, Suite 600, Dallas, TX, USA, 75252
Creative Media & Community Trust is a United states based company that formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through two segments: Office and Hotel, and Lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable. The lending segment includes income recognized from the sale of government guaranteed portion of loans receivable, income from the yield on its loans receivable and other related fee income earned.
Executives
Richard S Ressler director, 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Avraham Shemesh director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Shaul Kuba director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Cmct Mlp, Llc other: Member of 10% owner group 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Marcie L Edwards director 27975 LANGLEY PL, CASTAIC CA 91384
John Hope Bryant director C/O BRYANT GROUP VENTURES, 3473 S. SYCAMORE AVENUE, LOS ANGELES CA 90016
Cim Capital Real Property Management, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
David Andrew Thompson officer: Chief Executive Officer C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Capital, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Nathan David Debacker officer: Chief Financial Officer 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Jan F Salit officer: President and Secretary 18111 PRESTON ROAD SUITE 600, DALLAS TX 75252
Urban Partners Ii, Llc 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Service Provider, Llc other: Member of 10% Owner Group C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Urban Sponsor, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010

Creative Mediammunity Trust (Creative Mediammunity Trust) Headlines