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
DateValue
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%