Tap Real Estate Technologies, Inc. (RWAX) Gross Margin (2021 - 2024)
Tap Real Estate Technologies (RWAX) posted Gross Margin of 63.75% for Q3 2024, down 3.88 percentage points from 67.64% a year earlier but up 67.14 percentage points from the prior quarter.
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Tap Real Estate Technologies, Inc. (RWAX) Gross Margin (2021 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Gross Margin at Tap Real Estate Technologies was 45.26%, down 15.56 percentage points year-over-year; for FY2023, it was 55.92%, down 4.15 percentage points from FY2022.
- In prior years, Tap Real Estate Technologies' Gross Margin was 60.08% in FY2022 (+22.43 pp) and 37.64% in FY2021.
- Quarterly Gross Margin has run from a low of -156.11% in Q3 2022 to a high of 74.43% in Q4 2022 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of +16.51 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 223.75 percentage points; the weakest was Q3 2022, with a drop of 214.68 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was -3.38% (Q2 2024), 14.58% (Q1 2024) and 67.46% (Q4 2023).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 63.75% |
| Jun 30, 2024 | -3.38% |
| Mar 31, 2024 | 14.58% |
| Dec 31, 2023 | 67.46% |
| Sep 30, 2023 | 67.64% |
| Jun 30, 2023 | 30.52% |
| Mar 31, 2023 | 54.42% |
| Dec 31, 2022 | 74.43% |
| Sep 30, 2022 | -156.11% |
| Jun 30, 2022 | 59.61% |
| Mar 31, 2022 | 48.89% |
| Sep 30, 2021 | 58.57% |
| Jun 30, 2021 | 68.39% |
API Access
Tap Real Estate Technologies, Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RWAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RWAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RWAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();