Kisses From Italy Inc. (KITL) Gross Margin (2017 - 2024)
Kisses From Italy's Gross Margin was -329.23% in Q3 2024, down 398.11 percentage points from 68.88% a year earlier and down 378.79 percentage points from the prior quarter.
Kisses From Italy Inc. (KITL) Gross Margin (2017 - 2024) Analysis & Trends
On a trailing twelve-month basis, Kisses From Italy's Gross Margin was 31.65% through Sep 30, 2024, down 16.39 percentage points year-over-year; for FY2023, it came in at 47.77%, up 2.22 percentage points from FY2022.
- Gross Margin shows a five-year change of -5.07 percentage points (FY2018 to FY2023).
- In earlier years, Gross Margin was 45.56% in FY2022 (-3.74 pp), 49.30% in FY2021 (-28.50 pp), 77.80% in FY2020 (+24.27 pp) and 53.53% in FY2019 (+0.69 pp).
- The Q3 2024 figure marks the lowest quarterly Gross Margin in data going back to Q3 2017.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -50.61 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2020 (a gain of 46.01 percentage points); the worst was Q3 2024 (a drop of 398.11 percentage points).
- Per Business Quant data, KITL's Gross Margin in the three quarters before Q3 2024 was 49.56% (Q2 2024), 50.19% (Q1 2024) and 3.55% (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -329.23% |
| Jun 30, 2024 | 49.56% |
| Mar 31, 2024 | 50.19% |
| Dec 31, 2023 | 3.55% |
| Sep 30, 2023 | 68.88% |
| Jun 30, 2023 | 52.56% |
| Mar 31, 2023 | 49.01% |
| Dec 31, 2022 | 36.24% |
| Sep 30, 2022 | 44.66% |
| Jun 30, 2022 | 45.81% |
| Mar 31, 2022 | 53.82% |
| Dec 31, 2021 | 34.65% |
| Sep 30, 2021 | 49.09% |
| Jun 30, 2021 | 53.43% |
| Mar 31, 2021 | 54.07% |
| Dec 31, 2020 | 43.34% |
| Sep 30, 2020 | 34.21% |
| Jun 30, 2020 | 97.50% |
| Mar 31, 2020 | 59.93% |
| Dec 31, 2019 | 46.61% |
Kisses From Italy Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KITL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KITL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KITL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();