ReAlpha Tech's gross profit for the
three
months ended in Mar. 2024 was $0.00 Mil. ReAlpha Tech's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $0.20 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. ReAlpha Tech's gross profit for the
three
months ended in Mar. 2024 was $0.00 Mil. ReAlpha Tech's Revenue for the
three
months ended in Mar. 2024 was $0.02 Mil. Therefore, ReAlpha Tech's Gross Margin % for the quarter that ended in Mar. 2024 was 10.00%.
ReAlpha Tech had a gross margin of 10.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
During the past 2 years, the highestGross Margin % of ReAlpha Tech was 45.25%. The lowest was 43.92%. And the median was 45.25%.
ReAlpha Tech Gross Profit Historical Data
The historical data trend for ReAlpha Tech'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.
Competitive Comparison of ReAlpha Tech's Gross Profit
For the Real Estate Services subindustry, ReAlpha Tech'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.
ReAlpha Tech's Gross Profit Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, ReAlpha Tech's Gross Profit distribution charts can be found below:
* The bar in red indicates where ReAlpha Tech's Gross Profit falls into.
ReAlpha Tech Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
ReAlpha Tech's Gross Profit for the fiscal year that ended in Apr. 2022 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.20 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
ReAlpha Tech (NAS:AIRE) 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
ReAlpha Tech had a gross margin of 10.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
ReAlpha Tech Gross Profit Related Terms
Thank you for viewing the detailed overview of ReAlpha Tech's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
ReAlpha Tech Corp is an early-stage company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It offers retail investors the opportunity to participate in short-term rental properties it will acquire by offering interest in each property portfolio. Its revenues primarily consist of short-term rental revenues from the rental of its properties via Airbnb and such digital hospitality platforms. The company has two segments (i) platform services and (ii) rental business. The company generates the majority of its revenue from the Platform services segment.
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