Lowell Farms Inc. (LOWLF) Gross Margin (2020 - 2024)
Lowell Farms' Gross Margin history spans 5 years, with the latest figure at 28.98% for Q3 2024.
- For Q3 2024, Gross Margin fell 2183.0% year-over-year to 28.98%; the TTM value through Sep 2024 reached 47.57%, down 3537.0%, while the annual FY2023 figure was 26.33%, 2210.0% down from the prior year.
- Gross Margin for Q3 2024 was 28.98% at Lowell Farms, down from 15.66% in the prior quarter.
- Across five years, Gross Margin topped out at 37.9% in Q2 2021 and bottomed at 90.58% in Q4 2023.
- The 5-year median for Gross Margin is 12.34% (2021), against an average of 9.13%.
- The largest annual shift saw Gross Margin skyrocketed 5066bps in 2021 before it plummeted -5814bps in 2023.
- A 5-year view of Gross Margin shows it stood at 2.38% in 2020, then crashed by -618bps to 12.34% in 2021, then plummeted by -163bps to 32.44% in 2022, then tumbled by -179bps to 90.58% in 2023, then soared by 68bps to 28.98% in 2024.
- Per Business Quant, the three most recent readings for LOWLF's Gross Margin are 28.98% (Q3 2024), 15.66% (Q2 2024), and 16.97% (Q1 2024).