Video River Networks, Inc. (NIHK) Gross Margin (2020 - 2023)

Video River Networks has disclosed Gross Margin across 4 years of filings, most recently posting 105.69% for Q4 2023.

• In Q4 2023, Gross Margin rose 9103.0% year-over-year to 105.69%; the TTM figure through Dec 2023 stood at 54.0% (down 731.0% YoY), while the FY2023 annual figure was 57.05%, down 757.0% from the prior year.
• Gross Margin came in at 105.69% for Q4 2023 at Video River Networks, up from 100.0% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 105.69% in Q4 2023 to a low of 100.0% in Q3 2023.
• Average Gross Margin over 4 years is 56.96%, with a median of 72.32% recorded in 2022.
• The largest YoY upside for Gross Margin was 9103 bps in 2023 against a maximum downside of 15735 bps in 2023.
• Over 4 years, Gross Margin stood at 100.0% in 2020, then rose by 4 bps to 104.24% in 2021, then sank by 86 bps to 14.66% in 2022, then soared by 621 bps to 105.69% in 2023.
• Per Business Quant data, the three most recent Gross Margin figures were 105.69% in Q4 2023, 100.0% in Q3 2023, and 74.33% in Q2 2023.