Mainstreet Equity Corp
TSX:MEQ
Gross Margin
Mainstreet Equity Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Mainstreet Equity Corp
TSX:MEQ
|
1.8B CAD |
65%
|
|
| DE |
|
Vonovia SE
XETRA:VNA
|
23.9B EUR |
66%
|
|
| CN |
|
Zhejiang China Commodities City Group Co Ltd
SSE:600415
|
93.2B CNY |
30%
|
|
| HK |
S
|
Swire Properties Ltd
HKEX:1972
|
99.7B HKD |
70%
|
|
| PH |
S
|
SM Prime Holdings Inc
XPHS:SMPH
|
665.1B PHP |
85%
|
|
| BM |
|
Hongkong Land Holdings Ltd
SGX:H78
|
11.6B USD |
0%
|
|
| CN |
|
China Resources Mixc Lifestyle Services Ltd
HKEX:1209
|
86.1B HKD |
33%
|
|
| CH |
|
Swiss Prime Site AG
SIX:SPSN
|
9B CHF |
79%
|
|
| DE |
|
Deutsche Wohnen SE
XETRA:DWNI
|
9B EUR |
54%
|
|
| SE |
S
|
Sagax AB
STO:SAGA A
|
96.7B SEK |
83%
|
|
| SG |
|
Capitaland Investment Ltd
SGX:9CI
|
12.7B SGD |
45%
|
Mainstreet Equity Corp
Glance View
Mainstreet Equity Corp. navigates the competitive terrain of the Canadian real estate market with a strategic focus on mid-market, multi-family rental properties. Founded with a vision to revitalize undervalued assets, Mainstreet has carved out a niche by acquiring low-cost apartment buildings, primarily located in Western Canada’s urban centers. Through its diligent approach to property acquisition and renovation, the company transforms these often-overlooked buildings into attractive rental options. This strategy not only helps in meeting the demand for affordable housing but also enhances the value of the properties, providing a steady income stream through rental fees. The company’s business model hinges on a buy-fix-hold strategy, which allows it to capitalize on significant value appreciation over time. By investing in comprehensive renovations aimed at improving energy efficiency, enhancing aesthetics, and upgrading amenities, Mainstreet increases occupancy rates and rental income. This approach, combined with operational efficiencies and stringent cost controls, helps Mainstreet maintain its profitability. The consistent cash flow from rent and appreciation in property value over time has allowed Mainstreet to reinvest in further acquisitions, creating a cycle of growth that fuels its expansion and fortifies its position in the multi-family residential market.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Mainstreet Equity Corp's most recent financial statements, the company has Gross Margin of 64.8%.
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