1606 (CBDW) Gross Margin (2021 - 2024)

1606 has disclosed Gross Margin across 4 years of filings, most recently posting 1.64% for 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 eased to 1.64% in Q1 2024, from 7672.0% in the prior quarter.
• Over the last five years, Gross Margin for CBDW reached as high as 7672.0% in Q4 2023 and fell as low as 1069.74% in Q2 2023.
• The 4-year median for Gross Margin is 27.44% (2021), against an average of 484.66%.
• The widest YoY moves for Gross Margin: up 837268 bps in 2023, down 113614 bps in 2023.
• A 4-year view of Gross Margin shows it stood at 82.67% in 2021, then slumped by 948 bps to 700.68% in 2022, then jumped by 1195 bps to 7672.0% in 2023, then tumbled by 100 bps to 1.64% in 2024.
• According to Business Quant data, Gross Margin over the past three periods registered 1.64%, 7672.0%, and 100.0% for Q1 2024, Q4 2023, and Q3 2023 respectively.