Aquabounty Technologies (AQB) Gross Margin (2017 - 2024)
Aquabounty Technologies posted quarterly Gross Margin of 7.62% for Q3 2024, down 6621.0% year-on-year from 0.12% in Q4 2023, and down 86.33% on a QoQ basis from 55.77% in Q2 2024.
Aquabounty Technologies (AQB) has 8 years of Gross Margin data on file, last reported at 7.62% in Q3 2024.
- For the quarter ending Q3 2024, Gross Margin fell 6621.0% year-over-year to 7.62%; the trailing twelve-month figure through Sep 2024 stood at 942.99% (up 170316.0% YoY), and the FY2023 full-year result was 73.73%, up 40826.0% from the prior year.
- Gross Margin for Q3 2024 stood at 7.62%, down from 55.77% in the prior quarter.
- Across five years, Gross Margin topped out at 5489.29% in Q4 2020 and bottomed at 4558.78% in Q2 2020.
- The 5-year median for Gross Margin is 203.83% (2022), against an average of 188.03%.
- The widest annual swing landed in 2020, when Gross Margin jumped 609536 bps; it then sank 439361 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 5489.29% in 2020, then tumbled by 70 bps to 1644.64% in 2021, then plunged by 267 bps to 2748.98% in 2022, then soared by 175 bps to 2051.48% in 2023, then tumbled by 100 bps to 7.62% in 2024.
- The last three Gross Margin figures came in at 7.62% (Q3 2024), 55.77% (Q2 2024), and 86.67% (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn | 5.96% |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn | 3.50% |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn | 7.05% |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn | 17.88% |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn | 8.52% |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn | 7.90% |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn | 28.32% |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn | -85.92% |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn | 41.77% |
| 10 | Aquabounty Technologies | 4.34 Mn | 3.90 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 7.62% |
| Jun 30, 2024 | 55.77% |
| Mar 31, 2024 | 86.67% |
| Dec 31, 2023 | 2,051.48% |
| Sep 30, 2023 | 73.83% |
| Jun 30, 2023 | -380.81% |
| Mar 31, 2023 | -794.63% |
| Dec 31, 2022 | -2,748.98% |
| Sep 30, 2022 | 71.47% |
| Jun 30, 2022 | -203.83% |
| Mar 31, 2022 | 74.29% |
| Dec 31, 2021 | 1,644.64% |
| Sep 30, 2021 | -846.65% |
| Jun 30, 2021 | -712.51% |
| Mar 31, 2021 | -328.43% |
| Dec 31, 2020 | 5,489.29% |
| Sep 30, 2020 | -1,901.00% |
| Jun 30, 2020 | -4,558.78% |
| Mar 31, 2020 | -652.08% |
| Dec 31, 2019 | -606.08% |
| Jun 30, 2019 | -2,115.11% |
| Mar 31, 2019 | 26.45% |
| Dec 31, 2018 | -1,034.21% |
| Sep 30, 2018 | 18.87% |
| Jun 30, 2018 | 1.28% |
| Mar 31, 2018 | -327.54% |
| Jun 30, 2017 | 4.69% |