New Momentum (NNAX) Gross Margin (2019 - 2024)
New Momentum (NNAX) has 6 years of Gross Margin data on record, last reported at 100.0% in Q1 2024.
- For Q1 2024, Gross Margin rose 10335.0% year-over-year to 100.0%; the TTM value through Dec 2024 reached 100.0%, up 10061.0%, while the annual FY2024 figure was 100.0%, 9850.0% up from the prior year.
- Gross Margin reached 100.0% in Q1 2024 per NNAX's latest filing, up from 5.99% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q1 2020 and bottomed at 3.35% in Q1 2023.
- Average Gross Margin over 5 years is 25.31%, with a median of 0.51% recorded in 2021.
- Peak YoY movement for Gross Margin: tumbled -10335bps in 2023, then soared 10335bps in 2024.
- A 5-year view of Gross Margin shows it stood at 2.91% in 2020, then surged by 118bps to 0.51% in 2021, then soared by 166bps to 1.37% in 2022, then surged by 339bps to 5.99% in 2023, then skyrocketed by 1569bps to 100.0% in 2024.
- Per Business Quant database, its latest 3 readings for Gross Margin were 100.0% in Q1 2024, 5.99% in Q4 2023, and 15.09% in Q3 2023.