Lite Strategy (LITS) Gross Margin (2016 - 2021)
Lite Strategy (LITS) posted quarterly Gross Margin of 100.0% for Q4 2021, up 392.0% year-over-year from 20.33% in Q4 2020, and little changed quarter-over-quarter from 100.0% in Q3 2021.
Lite Strategy (LITS) Gross Margin (2016 - 2021) Analysis & Trends
Lite Strategy's Gross Margin history runs 6 years deep, the most recent figure standing at 100.0% for Q4 2021.
- In Q4 2021, Gross Margin rose 392.0% year-over-year to 100.0%; the TTM figure through Dec 2021 stood at 98.85% (up 395.0% YoY), while the FY2022 annual figure was 100.0%, up 405.0% from the prior year.
- Gross Margin for Q4 2021 stood at 100.0%, roughly flat from 100.0% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q2 2021, with the low at 120.04% in Q2 2017.
- The 5-year median for Gross Margin is 38.47% (2019), against an average of 13.13%.
- The sharpest annual moves came in 2017 and 2018: Gross Margin slumped 19305 bps in 2017, then jumped 15411 bps in 2018.
- Lite Strategy's Gross Margin stood at 103.35% in 2017, then surged by 149 bps to 50.76% in 2018, then declined by 28 bps to 36.41% in 2019, then soared by 164 bps to 96.08% in 2020, then gained by 4 bps to 100.0% in 2021.
- Business Quant data shows LITS's Gross Margin at 100.0% in Q4 2021, 100.0% in Q3 2021, and 100.0% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | 35.86% |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 89.76% |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 76.90% |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | 84.20% |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | - |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | 63.27% |
| 10 | Lite Strategy | 33.69 Mn | 26.14 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |
| Mar 31, 2021 | 95.01% |
| Dec 31, 2020 | 96.08% |
| Sep 30, 2020 | 92.33% |
| Jun 30, 2020 | 98.11% |
| Mar 31, 2020 | 30.87% |
| Dec 31, 2019 | 36.41% |
| Sep 30, 2019 | 40.54% |
| Jun 30, 2019 | 2.39% |
| Mar 31, 2019 | 6.89% |
| Dec 31, 2018 | 50.76% |
| Sep 30, 2018 | -102.66% |
| Jun 30, 2018 | -102.01% |
| Mar 31, 2018 | -114.78% |
| Dec 31, 2017 | -103.35% |
| Sep 30, 2017 | -118.37% |
| Jun 30, 2017 | -120.04% |
| Mar 31, 2017 | 74.54% |