1606 Corp. (CBDW) Gross Margin (2021 - 2024)

1606 (CBDW) has reported Gross Margin for 4 consecutive years, with 1.64% the latest figure, recorded in Q1 2024.

• On a quarterly basis, Gross Margin rose 306.0% year-over-year to 1.64% in Q1 2024; TTM through Dec 2024 was 1.64%, a 3953.0% decrease from a year earlier, with the FY2024 full-year figure at 1.64%, down 3957.0% from the prior year.
• Gross Margin was 1.64% for Q1 2024 at 1606, down 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.
• The widest YoY moves for Gross Margin: up 837268 bps in 2023, down 113614 bps in 2023.
• Over 4 years, Gross Margin stood at 82.67% in 2021, then sank by 948 bps to 700.68% in 2022, then soared by 1195 bps to 7672.0% in 2023, then slumped by 100 bps to 1.64% in 2024.
• The last three Gross Margin figures came in at 1.64% (Q1 2024), 7672.0% (Q4 2023), and 100.0% (Q3 2023), per Business Quant data.