GD Culture (GDC) Gross Margin (2017 - 2023)
GD Culture recorded quarterly Gross Margin of 100.0% in Q2 2023, up 292.04% quarter-over-quarter from 25.51% in Q1 2023.
GD Culture's Gross Margin history runs 6 years deep, the most recent figure standing at 100.0% for Q2 2023.
- In Q2 2023, Gross Margin changed N/A year-over-year to 100.0%; the TTM figure through Sep 2023 stood at 1.08% (changed N/A YoY), while the FY2022 annual figure was 36.22%, up 326.0% from the prior year.
- Gross Margin came in at 100.0% for Q2 2023 at GD Culture, up from 25.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2023 to a low of 7.05% in Q4 2021.
- A 4-year average of 36.43% and a median of 6.3% in 2019 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 86600 bps in 2019 and soared 10052 bps in 2021, its largest moves.
- GD Culture's Gross Margin stood at 6.3% in 2019, then jumped by 1465 bps to 98.52% in 2020, then sank by 107 bps to 7.05% in 2021, then soared by 1517 bps to 100.0% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 100.0%, 25.51%, and 7.05% for Q2 2023, Q1 2023, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 51.49 Bn | 41.63 Bn | - | - |
| 2 | Electronic Arts | 50.24 Bn | 47.38 Bn | 1.76 Bn | 82.83% |
| 3 | Take Two Interactive Software | 41.73 Bn | 39.37 Bn | 945.50 Mn | 55.65% |
| 4 | Roblox | 34.28 Bn | 31.06 Bn | 1.15 Bn | 79.61% |
| 5 | Playtika Holding | 1.29 Bn | 514.59 Mn | 384.10 Mn | 51.58% |
| 6 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 78.90% |
| 7 | Gdev | 278.25 Mn | 169.93 Mn | - | - |
| 8 | DoubleDown Interactive | 253.74 Mn | -279.47 Mn | 69.71 Mn | 74.06% |
| 9 | Skillz | 136.00 Mn | -23.93 Mn | 25.51 Mn | 87.64% |
| 10 | GD Culture | 7.06 Mn | 7.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 25.51% |
| Dec 31, 2021 | -7.05% |
| Sep 30, 2021 | 98.47% |
| Jun 30, 2021 | 95.60% |
| Dec 31, 2020 | 98.52% |
| Sep 30, 2020 | -2.05% |
| Jun 30, 2020 | -0.76% |
| Mar 31, 2020 | 3.53% |
| Dec 31, 2019 | 6.30% |
| Sep 30, 2019 | 2.25% |
| Jun 30, 2019 | 2.69% |
| Mar 31, 2019 | 50.54% |
| Dec 31, 2018 | 872.30% |
| Sep 30, 2018 | 33.35% |
| Jun 30, 2018 | 421.36% |
| Mar 31, 2018 | 182.04% |
| Dec 31, 2017 | -1.42% |
| Sep 30, 2017 | 44.93% |
| Jun 30, 2017 | 116.58% |
| Mar 31, 2017 | 53.07% |