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TREES Corp (Colorado) (CANN) Gross Margin (2016 - 2024)

TREES Corp (Colorado)'s Gross Margin history spans 13 years, with the latest figure at 40.87% for Q3 2024.

  • For Q3 2024, Gross Margin rose 27.0% year-over-year to 40.87%; the TTM value through Sep 2024 reached 40.23%, up 465.0%, while the annual FY2023 figure was 36.24%, 4.0% up from the prior year.
  • Gross Margin for Q3 2024 was 40.87% at TREES Corp (Colorado), down from 54.26% in the prior quarter.
  • Across five years, Gross Margin topped out at 80.83% in Q3 2020 and bottomed at 112.4% in Q2 2020.
  • The 5-year median for Gross Margin is 35.9% (2022), against an average of 27.12%.
  • The largest annual shift saw Gross Margin crashed -15538bps in 2020 before it skyrocketed 13919bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 19.05% in 2020, then skyrocketed by 81bps to 34.48% in 2021, then crashed by -38bps to 21.34% in 2022, then increased by 21bps to 25.76% in 2023, then skyrocketed by 59bps to 40.87% in 2024.
  • Per Business Quant, the three most recent readings for CANN's Gross Margin are 40.87% (Q3 2024), 54.26% (Q2 2024), and 40.61% (Q1 2024).