NetBrands Corp. (NBND) Gross Margin (2018 - 2023)
NetBrands (NBND) has 6 years of Gross Margin data on record, last reported at 60.38% in Q4 2023.
- For Q4 2023, Gross Margin fell 8861.0% year-over-year to 60.38%; the TTM value through Dec 2023 reached 25.55%, up 74.0%, while the annual FY2023 figure was 25.55%, 74.0% up from the prior year.
- Gross Margin reached 60.38% in Q4 2023 per NBND's latest filing, down from 46.33% in the prior quarter.
- Across five years, Gross Margin topped out at 49.45% in Q1 2020 and bottomed at 60.38% in Q4 2023.
- Average Gross Margin over 5 years is 28.48%, with a median of 32.57% recorded in 2021.
- Peak YoY movement for Gross Margin: surged 3708bps in 2020, then plummeted -8861bps in 2023.
- A 5-year view of Gross Margin shows it stood at 9.33% in 2019, then skyrocketed by 397bps to 46.42% in 2020, then dropped by -30bps to 32.6% in 2021, then dropped by -13bps to 28.23% in 2022, then tumbled by -314bps to 60.38% in 2023.
- Per Business Quant database, its latest 3 readings for Gross Margin were 60.38% in Q4 2023, 46.33% in Q3 2023, and 30.86% in Q2 2023.