Growth Metrics

Item 9 Labs (INLB) Gross Profit (2016 - 2023)

Item 9 Labs' Gross Profit history spans 12 years, with the latest figure at $2.8 million for Q2 2023.

  • For Q2 2023, Gross Profit rose 77.29% year-over-year to $2.8 million; the TTM value through Jun 2023 reached $9.8 million, up 23.06%, while the annual FY2022 figure was $7.3 million, 15.11% down from the prior year.
  • Gross Profit reached $2.8 million in Q2 2023 per INLB's latest filing, down from $3.7 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $3.7 million in Q1 2023 to a low of $452648.0 in Q3 2019.
  • Average Gross Profit over 5 years is $1.7 million, with a median of $1.4 million recorded in 2020.
  • Peak YoY movement for Gross Profit: soared 1236.07% in 2019, then tumbled 50.38% in 2022.
  • A 5-year view of Gross Profit shows it stood at $485777.0 in 2019, then skyrocketed by 194.67% to $1.4 million in 2020, then surged by 67.58% to $2.4 million in 2021, then grew by 9.3% to $2.6 million in 2022, then increased by 7.51% to $2.8 million in 2023.
  • Per Business Quant, the three most recent readings for INLB's Gross Profit are $2.8 million (Q2 2023), $3.7 million (Q1 2023), and $2.6 million (Q4 2022).