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| Date | Value |
|---|---|
| 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% |