Accredited Solutions, Inc. (ASII) Gross Margin (2019 - 2024)
Accredited Solutions (ASII) has 6 years of Gross Margin data on record, last reported at 21.28% in Q3 2024.
- For Q3 2024, Gross Margin fell 480.0% year-over-year to 21.28%; the TTM value through Sep 2024 reached 16.63%, down 529.0%, while the annual FY2023 figure was 20.04%, 35.0% up from the prior year.
- Gross Margin reached 21.28% in Q3 2024 per ASII's latest filing, down from 47.46% in the prior quarter.
- Across five years, Gross Margin topped out at 91.36% in Q3 2020 and bottomed at 62.35% in Q4 2020.
- Average Gross Margin over 5 years is 18.06%, with a median of 19.39% recorded in 2022.
- The widest YoY moves for Gross Margin: up 9294bps in 2020, down -11312bps in 2020.
- A 5-year view of Gross Margin shows it stood at 62.35% in 2020, then soared by 118bps to 11.31% in 2021, then soared by 43bps to 16.18% in 2022, then plummeted by -59bps to 6.6% in 2023, then skyrocketed by 223bps to 21.28% in 2024.
- Per Business Quant database, its latest 3 readings for Gross Margin were 21.28% in Q3 2024, 47.46% in Q2 2024, and 9.07% in Q1 2024.