1606 Corp. (CBDW) Gross Margin (2021 - 2024)
1606 (CBDW) posted quarterly 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 Corp. (CBDW) Gross Margin (2021 - 2024) Analysis & Trends
1606 (CBDW) has reported Gross Margin for 4 consecutive years, with 1.64% the latest figure, recorded in Q1 2024.
- In Q1 2024, Gross Margin rose 306.0% year-over-year to 1.64%; the TTM figure through Dec 2024 stood at 1.64% (down 3953.0% YoY), while the FY2024 annual figure was 1.64%, down 3957.0% from the prior year.
- Gross Margin declined to 1.64% in Q1 2024 per CBDW's latest filing, from 7672.0% in the prior quarter.
- Across five years, Gross Margin topped out at 7672.0% in Q4 2023 and bottomed at 1069.74% in Q2 2023.
- Historically, Gross Margin has averaged 484.66% across 4 years, with a median of 27.44% in 2021.
- On a YoY basis, Gross Margin climbed as much as 837268 bps in 2023 and fell as far as 113614 bps in 2023.
- 1606's Gross Margin stood at 82.67% in 2021, then sank by 948 bps to 700.68% in 2022, then surged by 1195 bps to 7672.0% in 2023, then slumped 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.
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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% |