Video River Networks, Inc. (NIHK) Gross Margin (2020 - 2023)
Video River Networks (NIHK) posted Gross Margin of 105.69% for Q4 2023, up 205.69% sequentially from 100.0% in Q3 2023, and up 9103.0% YoY from 1.15% in Q4 2022.
Video River Networks, Inc. (NIHK) Gross Margin (2020 - 2023) Analysis & Trends
Video River Networks has reported Gross Margin for 4 years, with the latest figure at 105.69% in Q4 2023.
- Quarterly Gross Margin rose 9103.0% year-over-year to 105.69% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 54.0% (down 731.0% YoY) and the FY2023 annual result came in at 57.05%, down 757.0% from the prior year.
- Gross Margin advanced to 105.69% in Q4 2023 per NIHK's latest filing, from 100.0% in the prior quarter.
- Over five years, Gross Margin peaked at 105.69% in Q4 2023 and troughed at 100.0% in Q3 2023.
- A 4-year average of 56.96% and a median of 72.32% in 2022 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 9103 bps in 2023, down 15735 bps in 2023.
- Over 4 years, Gross Margin stood at 100.0% in 2020, then advanced by 4 bps to 104.24% in 2021, then tumbled by 86 bps to 14.66% in 2022, then surged by 621 bps to 105.69% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 105.69%, 100.0%, and 74.33% for Q4 2023, Q3 2023, and Q2 2023 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 105.69% |
| Sep 30, 2023 | -100.00% |
| Jun 30, 2023 | 74.33% |
| Mar 31, 2023 | 84.22% |
| Dec 31, 2022 | 14.66% |
| Sep 30, 2022 | 57.35% |
| Jun 30, 2022 | 76.76% |
| Mar 31, 2022 | 70.32% |
| Dec 31, 2021 | 104.24% |
| Sep 30, 2021 | 47.02% |
| Jun 30, 2021 | -6.47% |
| Mar 31, 2021 | 69.29% |
| Dec 31, 2020 | 100.00% |
| Sep 30, 2020 | 100.00% |