IIOT-OXYS, Inc. (ITOX) Gross Margin (2017 - 2024)
Iiot-Oxys (ITOX) posted quarterly Gross Margin of 15.0% for Q1 2024, down 4581.0% year-over-year from 0.33% in Q2 2023, and up 108.21% quarter-over-quarter from 182.75% in Q4 2023.
IIOT-OXYS, Inc. (ITOX) Gross Margin (2017 - 2024) Analysis & Trends
Iiot-Oxys (ITOX) has reported Gross Margin for 8 consecutive years, with 15.0% the latest figure, recorded in Q1 2024.
- In Q1 2024, Gross Margin fell 4581.0% year-over-year to 15.0%; the TTM figure through Dec 2024 stood at 15.0% (down 1816.0% YoY), while the FY2024 annual figure was 15.0%, down 1816.0% from the prior year.
- Gross Margin climbed to 15.0% in Q1 2024 per ITOX's latest filing, from 182.75% in the prior quarter.
- Across five years, Gross Margin topped out at 96.91% in Q2 2022 and bottomed at 182.75% in Q4 2023.
- Historically, Gross Margin has averaged 42.12% across 5 years, with a median of 75.29% in 2023.
- Annual changes were most pronounced in 2021 — Gross Margin surged 10879 bps — and 2023, when it sank 27294 bps.
- Iiot-Oxys' Gross Margin stood at 21.54% in 2020, then soared by 505 bps to 87.25% in 2021, then rose by 3 bps to 90.18% in 2022, then sank by 303 bps to 182.75% in 2023, then jumped by 108 bps to 15.0% in 2024.
- Business Quant data shows ITOX's Gross Margin at 15.0% in Q1 2024, 182.75% in Q4 2023, and 75.29% in Q3 2023.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 15.00% |
| Dec 31, 2023 | -182.75% |
| Sep 30, 2023 | 75.29% |
| Jun 30, 2023 | 75.93% |
| Mar 31, 2023 | 60.81% |
| Dec 31, 2022 | 90.18% |
| Sep 30, 2022 | 77.66% |
| Jun 30, 2022 | 96.91% |
| Dec 31, 2021 | 87.25% |
| Sep 30, 2021 | 75.85% |
| Dec 31, 2020 | -21.54% |
| Jun 30, 2020 | 52.29% |
| Mar 31, 2020 | 44.65% |
| Dec 31, 2019 | 84.18% |
| Sep 30, 2019 | 69.29% |
| Jun 30, 2019 | 70.66% |
| Mar 31, 2019 | 71.59% |
| Dec 31, 2018 | -29.95% |
| Sep 30, 2018 | 77.09% |
| Jun 30, 2018 | 54.41% |