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.

  • 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 for Q1 2024 was 100.0% at New Momentum, up from 5.99% in the prior quarter.
  • Over five years, Gross Margin peaked at 100.0% in Q1 2020 and troughed at 3.35% in Q1 2023.
  • A 5-year average of 25.57% and a median of 1.37% in 2022 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: tumbled -10335bps in 2023 and later soared 10335bps in 2024.
  • Year by year, Gross Margin stood at 1.53% in 2020, then crashed by -66bps to 0.51% in 2021, then surged by 166bps to 1.37% in 2022, then skyrocketed by 339bps to 5.99% in 2023, then soared by 1569bps to 100.0% in 2024.
  • Business Quant data shows Gross Margin for NNAX at 100.0% in Q1 2024, 5.99% in Q4 2023, and 15.09% in Q3 2023.