1606 (CBDW) Net Margin (2021 - 2024)

1606 (CBDW) posted quarterly Net Margin of 3981.06% for Q1 2024, up 2103706.0% YoY from N/an in Q2 2023, and up 98.94% sequentially from 376100.0% in Q4 2023.

1606 (CBDW) Net Margin (2021 - 2024) Analysis & Trends

1606 has disclosed Net Margin across 4 years of filings, most recently posting 3981.06% for Q1 2024.

  • In Q1 2024, Net Margin rose 2103706.0% year-over-year to 3981.06%; the TTM figure through Dec 2024 stood at 62751.51% (up 3592103.0% YoY), while the FY2024 annual figure was 62751.51%, up 3585941.0% from the prior year.
  • Net Margin advanced to 3981.06% in Q1 2024, from 376100.0% in the prior quarter.
  • Over the last five years, Net Margin for CBDW reached as high as 3163.29% in Q3 2022 and fell as low as 726035.9% in Q3 2023.
  • The 4-year median for Net Margin is 3213.86% (2021), against an average of 109248.84%.
  • Annual changes were most pronounced in 2023 — Net Margin tumbled 72919919 bps — and 2024, when it surged 2103706 bps.
  • A 4-year view of Net Margin shows it stood at 1269.16% in 2021, then slumped by 8194 bps to 105270.11% in 2022, then slumped by 257 bps to 376100.0% in 2023, then soared by 99 bps to 3981.06% in 2024.
  • According to Business Quant data, Net Margin over the past three periods registered 3981.06%, 376100.0%, and 726035.9% for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn 40.22%
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 24.16%
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 9.39%
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn -4.86%
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn -50.96%
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 52.50%
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -4,064.96%
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 334.54%
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn -45.46%
10 1606 0.00 -9,041.00 - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -3,981.06%
Dec 31, 2023 -376,100.00%
Sep 30, 2023 -726,035.90%
Jun 30, 2023 -175,547.37%
Mar 31, 2023 -25,018.12%
Dec 31, 2022 -105,270.11%
Sep 30, 2022 3,163.29%
Jun 30, 2022 -2,774.33%
Mar 31, 2022 -2,962.72%
Dec 31, 2021 -1,269.16%
Sep 30, 2021 -3,213.86%
Jun 30, 2021 -1,131.29%
Mar 31, 2021 -94.26%