Bantec (BANT) Gross Margin (2016 - 2024)
Bantec (BANT) has disclosed Gross Margin for 9 consecutive years, with 14.32% as the latest value for Q2 2024.
- Quarterly Gross Margin fell 271.0% to 14.32% in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 14.33% through Jun 2024, down 221.0% year-over-year, with the annual reading at 16.33% for FY2023, 62.0% down from the prior year.
- Gross Margin hit 14.32% in Q2 2024 for Bantec, up from 12.53% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 62.49% in Q4 2020 to a low of 12.53% in Q1 2024.
- Historically, Gross Margin has averaged 21.94% across 5 years, with a median of 16.81% in 2023.
- Biggest five-year swings in Gross Margin: surged 4614bps in 2020 and later plummeted -3891bps in 2021.
- Year by year, Gross Margin stood at 62.49% in 2020, then crashed by -62bps to 23.58% in 2021, then tumbled by -34bps to 15.66% in 2022, then dropped by -1bps to 15.44% in 2023, then fell by -7bps to 14.32% in 2024.
- Business Quant data shows Gross Margin for BANT at 14.32% in Q2 2024, 12.53% in Q1 2024, and 15.44% in Q4 2023.