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Novagant (NVGT) Gross Margin (2020 - 2023)

Novagant (NVGT) has disclosed Gross Margin for 4 consecutive years, with 49.5% as the latest value for Q4 2023.

  • Quarterly Gross Margin rose 115.0% to 49.5% in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 82.55% through Dec 2023, up 4598.0% year-over-year, with the annual reading at 40.04% for FY2023, 1255.0% up from the prior year.
  • Gross Margin for Q4 2023 was 49.5% at Novagant, up from 2.96% in the prior quarter.
  • The five-year high for Gross Margin was 93.42% in Q1 2023, with the low at 217.18% in Q4 2021.
  • Average Gross Margin over 4 years is 6.76%, with a median of 30.01% recorded in 2022.
  • The sharpest move saw Gross Margin tumbled -17191bps in 2021, then skyrocketed 26553bps in 2022.
  • Over 4 years, Gross Margin stood at 45.26% in 2020, then plummeted by -380bps to 217.18% in 2021, then skyrocketed by 122bps to 48.35% in 2022, then rose by 2bps to 49.5% in 2023.
  • According to Business Quant data, Gross Margin over the past three periods came in at 49.5%, 2.96%, and 25.05% for Q4 2023, Q3 2023, and Q2 2023 respectively.