BitVentures (BVC) Gross Margin (2020 - 2023)

BitVentures (BVC) has 4 years of Gross Margin data on file, last reported at 87.13% in Q2 2023.

• Gross Margin for Q2 2023 came in at 87.13%, up 9.0% year-over-year; the trailing twelve-month figure through Jun 2023 was 86.04% (up 104.0% YoY), and the FY2024 annual result was 85.65%, down 157391.0% from the prior year.
• Gross Margin steadied at 87.13% in Q2 2023 per BVC's latest filing, from 87.04% in the prior quarter.
• Over five years, Gross Margin peaked at 87.13% in Q2 2023 and troughed at 80.24% in Q1 2020.
• A 4-year average of 83.97% and a median of 83.81% in 2021 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2021 and 2023: Gross Margin surged 334 bps in 2021, then climbed 9 bps in 2023.
• A 4-year view of Gross Margin shows it stood at 81.82% in 2020, then increased by 3 bps to 84.04% in 2021, then increased by 4 bps to 87.04% in 2022, then rose by 0 bps to 87.13% in 2023.
• Business Quant data shows BVC's Gross Margin at 87.13% in Q2 2023, 87.04% in Q2 2022, and 84.04% in Q2 2021.