Tap Real Estate Technologies, Inc. (RWAX) Gross Margin (2021 - 2024)
Tap Real Estate Technologies (RWAX) posted Gross Margin of 63.75% for Q3 2024, up 1983.98% sequentially from 3.38% in Q2 2024, and down 388.0% YoY from 22.14% in Q4 2023.
Tap Real Estate Technologies, Inc. (RWAX) Gross Margin (2021 - 2024) Analysis & Trends
Tap Real Estate Technologies has reported Gross Margin for 4 years, with the latest figure at 63.75% in Q3 2024.
- Quarterly Gross Margin fell 388.0% year-over-year to 63.75% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 45.26% (down 1556.0% YoY) and the FY2023 annual result came in at 55.92%, down 415.0% from the prior year.
- Gross Margin improved to 63.75% in Q3 2024 per RWAX's latest filing, from 3.38% in the prior quarter.
- Over five years, Gross Margin peaked at 1621.18% in Q4 2021 and troughed at 156.11% in Q3 2022.
- A 4-year average of 147.85% and a median of 59.09% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 154675 bps in 2022, then jumped 22375 bps in 2023.
- Over 4 years, Gross Margin stood at 1621.18% in 2021, then tumbled by 95 bps to 74.43% in 2022, then declined by 9 bps to 67.46% in 2023, then slipped by 6 bps to 63.75% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 63.75%, 3.38%, and 14.58% for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
Download 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% |
| Dec 31, 2021 | 1,621.18% |
| Sep 30, 2021 | 58.57% |
| Jun 30, 2021 | 68.39% |