New Momentum (NNAX) Gross Margin (2019 - 2024)
New Momentum has reported Gross Margin over the past 6 years, most recently at 100.0% for Q1 2024.
- Quarterly results put Gross Margin at 100.0% for Q1 2024, up 10335.0% from a year ago — trailing twelve months through Dec 2024 was 100.0% (up 10061.0% YoY), and the annual figure for FY2024 was 100.0%, up 9850.0%.
- Gross Margin for Q1 2024 was 100.0% at New Momentum, up from 5.99% in the prior quarter.
- Over the last five years, Gross Margin for NNAX hit a ceiling of 100.0% in Q1 2020 and a floor of 3.35% in Q1 2023.
- Median Gross Margin over the past 5 years was 1.37% (2022), compared with a mean of 25.57%.
- Biggest five-year swings in Gross Margin: plummeted -10335bps in 2023 and later surged 10335bps in 2024.
- New Momentum's Gross Margin stood at 1.53% in 2020, then tumbled by -66bps to 0.51% in 2021, then skyrocketed by 166bps to 1.37% in 2022, then soared by 339bps to 5.99% in 2023, then surged by 1569bps to 100.0% in 2024.
- The last three reported values for Gross Margin were 100.0% (Q1 2024), 5.99% (Q4 2023), and 15.09% (Q3 2023) per Business Quant data.