Tap Real Estate Technologies, Inc. (RWAX) Gross Margin (2021 - 2024)

Tap Real Estate Technologies (RWAX) has 4 years of Gross Margin data on file, last reported at 63.75% in Q3 2024.

• For the quarter ending Q3 2024, Gross Margin fell 388.0% year-over-year to 63.75%; the trailing twelve-month figure through Sep 2024 stood at 45.26% (down 1556.0% YoY), and the FY2023 full-year result was 55.92%, down 415.0% from the prior year.
• Gross Margin improved to 63.75% in Q3 2024, from 3.38% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 1621.18% in Q4 2021 to a low of 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.
• Across the five-year window, Gross Margin plunged 154675 bps in 2022 and surged 22375 bps in 2023, its largest moves.
• Tracing RWAX's Gross Margin over 4 years: stood at 1621.18% in 2021, then plunged by 95 bps to 74.43% in 2022, then decreased by 9 bps to 67.46% in 2023, then fell by 6 bps to 63.75% in 2024.
• Business Quant data shows RWAX's Gross Margin at 63.75% in Q3 2024, 3.38% in Q2 2024, and 14.58% in Q1 2024.