Kisses From Italy Inc. (KITL) Gross Margin (2017 - 2024)
Kisses From Italy (KITL) posted Gross Margin of 329.23% for Q3 2024, down 764.34% sequentially from 49.56% in Q2 2024, and down 39811.0% YoY from N/an in Q4 2023.
Kisses From Italy Inc. (KITL) Gross Margin (2017 - 2024) Analysis & Trends
Kisses From Italy has reported Gross Margin for 8 years, with the latest figure at 329.23% in Q3 2024.
- Quarterly Gross Margin fell 39811.0% year-over-year to 329.23% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 31.65% (down 1639.0% YoY) and the FY2023 annual result came in at 47.77%, up 222.0% from the prior year.
- Gross Margin slipped to 329.23% in Q3 2024 per KITL's latest filing, from 49.56% in the prior quarter.
- Over five years, Gross Margin peaked at 97.5% in Q2 2020 and troughed at 329.23% in Q3 2024.
- A 5-year average of 29.02% and a median of 49.09% in 2021 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2020 and 2024: Gross Margin jumped 4601 bps in 2020, then plunged 39811 bps in 2024.
- Over 5 years, Gross Margin stood at 43.34% in 2020, then declined by 20 bps to 34.65% in 2021, then advanced by 5 bps to 36.24% in 2022, then tumbled by 90 bps to 3.55% in 2023, then slumped by 9367 bps to 329.23% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 329.23%, 49.56%, and 50.19% for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
Download 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% |