1606 (CBDW) Gross Margin (2021 - 2024)
1606 (CBDW) reported Gross Margin of 1.64% for Q1 2024, up 306.0% year-over-year from 0.4% in Q2 2023, and down 100.02% quarter-over-quarter from 7672.0% in Q4 2023.
1606 (CBDW) Gross Margin (2021 - 2024) Analysis & Trends
1606 (CBDW) has 4 years of Gross Margin data on file, last reported at 1.64% in Q1 2024.
- Gross Margin for Q1 2024 came in at 1.64%, up 306.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 1.64% (down 3953.0% YoY), and the FY2024 annual result was 1.64%, down 3957.0% from the prior year.
- Gross Margin retreated to 1.64% in Q1 2024 per CBDW's latest filing, from 7672.0% in the prior quarter.
- Over five years, Gross Margin peaked at 7672.0% in Q4 2023 and troughed at 1069.74% in Q2 2023.
- A 4-year average of 484.66% and a median of 27.44% in 2021 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 837268 bps in 2023 and fell as far as 113614 bps in 2023.
- A 4-year view of Gross Margin shows it stood at 82.67% in 2021, then plunged by 948 bps to 700.68% in 2022, then jumped by 1195 bps to 7672.0% in 2023, then sank by 100 bps to 1.64% in 2024.
- Business Quant data shows CBDW's Gross Margin at 1.64% in Q1 2024, 7672.0% in Q4 2023, and 100.0% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 68.06% |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 64.59% |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 54.95% |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 13.77% |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 31.80% |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 78.26% |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 48.44% |
| 10 | 1606 | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -1.64% |
| Dec 31, 2023 | 7,672.00% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | -1,069.74% |
| Mar 31, 2023 | -4.70% |
| Dec 31, 2022 | -700.68% |
| Sep 30, 2022 | 34.08% |
| Jun 30, 2022 | 66.41% |
| Mar 31, 2022 | 64.15% |
| Dec 31, 2021 | 82.67% |
| Sep 30, 2021 | 6.65% |
| Jun 30, 2021 | 27.44% |
| Mar 31, 2021 | 24.00% |