1606 (CBDW) Gross Margin (2021 - 2024)
1606 (CBDW) has disclosed Gross Margin for 4 consecutive years, with 1.64% as the latest value for Q1 2024.
- On a quarterly basis, Gross Margin rose 306.0% to 1.64% in Q1 2024 year-over-year; TTM through Dec 2024 was 1.64%, a 3957.0% decrease, with the full-year FY2024 number at 1.64%, down 3957.0% from a year prior.
- Gross Margin was 1.64% for Q1 2024 at 1606, down from 7674.0% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 7674.0% in Q4 2023 to a low of 1069.74% in Q2 2023.
- A 4-year average of 484.72% and a median of 27.44% in 2021 define the central range for Gross Margin.
- Biggest YoY gain for Gross Margin was 837468bps in 2023; the steepest drop was -113614bps in 2023.
- 1606's Gross Margin stood at 82.67% in 2021, then plummeted by -948bps to 700.68% in 2022, then skyrocketed by 1195bps to 7674.0% in 2023, then crashed by -100bps to 1.64% in 2024.
- Per Business Quant, the three most recent readings for CBDW's Gross Margin are 1.64% (Q1 2024), 7674.0% (Q4 2023), and 98.73% (Q3 2023).