In a business of serving consumers, keeping costs under control and making the most out of every dollar sold is one of the key focus points for managers. Gross profit, as defined by revenue minus the cost of a product or service sold, is a key profitability metric used within the industry. The companies on this list have maintained a gross profit margin well above 85%, which is 80% more than most airline companies. Although gross profitability doesn’t necessarily translate directly into cash flow, it is still impressive to have such high margins.
Corus Entertainment Inc. (TSX: CJR.B) – $17.77
Broadcasting
Corus Entertainment Inc. is a communications and entertainment company that operates through two operating segments: Television and Radio. The Television segment is comprised of specialty television networks, pay television services, three conventional television stations and the Corus content business, which consists of the production and distribution of films and television programs, merchandise licensing, publishing and animation software. The Radio segment comprises 37 radio stations, situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of southern Ontario.
- Market Cap: $1,479,550,227
- Revenue (2014): $834,193,000
- Gross Margins: 96.7%
Enercare Inc. (TSX: ECI) – $14.69
Personal Services
EnerCare Inc. is a Canada-based company, which provides home services and is engaged in the sub-metering business. The Company has two segments: Home Services and Sub-metering. Its Home Services segment is engaged in the provision of water heaters, furnaces, air conditioners, and other heating, ventilation and air conditioning (HVAC) rental products, protection plans and related services. Its Sub-metering segment is engaged in the provision of sub-metering equipment and billing services.
- Market Cap: $1,343,850,553
- Revenue (2014): $362,753,000
- Gross Margins: 94.8%
Postmedia Network Canada Corp. (TSX: PNC.A) – $1.00
Consumer Publishing
Postmedia Network Canada Corp. is a publisher of English-language daily newspapers in Canada. The Company’s business consists of news and information gathering and dissemination operations, with products offered in major Canadian markets and a number of regional and local markets in Canada through a variety of print, web, tablet and smartphone platforms.
- Market Cap: $243,533,667
- Revenue (2014): $632,752,000
- Gross Margins: 94.4%
Canlan Ice Sports Corp. (TSX: ICE) – $3.55
Leisure & Recreation
Canlan Ice Sports Corp. and its subsidiaries focus on the development, lease, acquisition and operation of recreation and entertainment facilities. The Company owns, and/or manages a network of 18 facilities in Canada and the United States with 68 surfaces, including ice rinks and indoor soccer fields. The Company owns 10 of these facilities containing 1.1 million square feet of space, operates two facilities under long-term land lease arrangements and a further four facilities under operating leases.
- Market Cap: $47,109,891
- Revenue (2014): $75,732,000
- Gross Margins: 89.2%
TWC Enterprises Ltd. (TSX: TWC) – $11.19
Leisure & Recreation
TWC Enterprises Ltd, formerly ClubLink Enterprises Limited, owns and operates member golf clubs. The Company is engaged in golf club and resort operations under the trademark ClubLink One Membership.
- Market Cap: $296,166,217
- Revenue (2014): $213,050,000
- Gross Margins: 89.1%
Whistler Blackcomb Holdings Inc. (TSX: WB) – $19.34
Leisure & Recreation
Whistler Blackcomb Holdings Inc. is a four season mountain resort that features two adjacent and integrated mountains, Whistler Mountain and Blackcomb Mountain, with 200 marked runs, over 8,000 acres of skiable terrain, 14 alpine bowls and three glaciers and is located adjacent to Whistler Village. Whistler Blackcomb and the Resort Municipality of Whistler are located in the Coast Mountains of British Columbia, Canada, some 125 kilometers from Vancouver and 350 kilometers from Seattle, Washington.
- Market Cap: $732,195,515
- Revenue (2014): $257,311,000
- Gross Margins: 88.7%
