Accredited Solutions, Inc. (ASII) Gross Margin (2019 - 2024)
Accredited Solutions (ASII) recorded Gross Margin of 21.28% in Q3 2024, down 4.80 percentage points from 26.08% a year earlier and down 26.18 percentage points from the prior quarter.
Accredited Solutions, Inc. (ASII) Gross Margin (2019 - 2024) Analysis & Trends
On a TTM basis, Accredited Solutions' Gross Margin came in at 16.63% as of Sep 30, 2024, down 4.96 percentage points year-over-year; for FY2023, it was 20.04%, up 0.35 percentage points from FY2022.
- Annual Gross Margin has a four-year change of +4.58 percentage points (FY2019 to FY2023).
- Across earlier years, Gross Margin came in at 19.69% in FY2022, 17.55% in FY2020 (+2.09 pp) and 15.46% in FY2019.
- Quarterly Gross Margin has ranged from -62.35% in Q4 2020 to 50.77% in Q4 2019 over the past five years.
- On a year-over-year basis, Gross Margin rose in two of the last six quarters, with an average year-over-year change of -2.01 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 31.97 percentage points in Q2 2020, against a drop of 113.12 percentage points in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 47.46% (Q2 2024), -9.07% (Q1 2024) and 6.60% (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 21.28% |
| Jun 30, 2024 | 47.46% |
| Mar 31, 2024 | -9.07% |
| Dec 31, 2023 | 6.60% |
| Sep 30, 2023 | 26.08% |
| Jun 30, 2023 | 26.68% |
| Mar 31, 2023 | 16.80% |
| Dec 31, 2022 | 14.74% |
| Sep 30, 2022 | 19.39% |
| Jun 30, 2022 | 27.40% |
| Jun 30, 2021 | 7.90% |
| Mar 31, 2021 | 24.86% |
| Dec 31, 2020 | -62.35% |
| Sep 30, 2020 | 23.84% |
| Jun 30, 2020 | 31.44% |
| Mar 31, 2020 | 3.64% |
| Dec 31, 2019 | 50.77% |
| Sep 30, 2019 | -1.58% |
| Jun 30, 2019 | -0.52% |
Accredited Solutions, Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ASII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ASII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ASII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();