Avalon GloboCare (ALBT) Gross Margin (2016 - 2022)
Avalon GloboCare's Gross Margin history spans 7 years, with the latest figure at 0.56% for Q4 2022.
- For Q4 2022, Gross Margin fell 2984.0% year-over-year to 0.56%; the TTM value through Dec 2022 reached 6.73%, down 3653.0%, while the annual FY2022 figure was 22.69%, 711.0% down from the prior year.
- Gross Margin reached 0.56% in Q4 2022 per ALBT's latest filing, down from 2.13% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 119.64% in Q4 2018 to a low of 3.48% in Q2 2018.
- Average Gross Margin over 5 years is 24.99%, with a median of 25.15% recorded in 2021.
- Peak YoY movement for Gross Margin: skyrocketed 12385bps in 2018, then plummeted -7858bps in 2019.
- A 5-year view of Gross Margin shows it stood at 119.64% in 2018, then plummeted by -66bps to 41.07% in 2019, then plummeted by -30bps to 28.62% in 2020, then increased by 2bps to 29.28% in 2021, then plummeted by -102bps to 0.56% in 2022.
- Per Business Quant, the three most recent readings for ALBT's Gross Margin are 0.56% (Q4 2022), 2.13% (Q3 2022), and 27.21% (Q2 2022).