Vanguard Green Investment (VGES) Gross Margin (2019 - 2024)

Vanguard Green Investment (VGES) has 6 years of Gross Margin data on file, last reported at 100.0% in Q1 2024.

• On a quarterly basis, Gross Margin changed 0.0% year-over-year to 100.0% in Q1 2024; TTM through Apr 2024 was 100.0%, a 8310.0% increase from a year earlier, with the FY2023 full-year figure at 10.0%, down 4313.0% from the prior year.
• Gross Margin for Q1 2024 stood at 100.0%, up from 94.19% in the prior quarter.
• Over the last five years, Gross Margin for VGES reached as high as 141.1% in Q3 2020 and fell as low as 124.59% in Q2 2020.
• Historically, Gross Margin has averaged 62.67% across 5 years, with a median of 63.99% in 2021.
• Across the five-year window, Gross Margin slumped 17980 bps in 2020 and jumped 22367 bps in 2021, its largest moves.
• Year by year, Gross Margin stood at 92.11% in 2020, then decreased by 26 bps to 68.47% in 2021, then plunged by 85 bps to 10.04% in 2022, then surged by 838 bps to 94.19% in 2023, then climbed by 6 bps to 100.0% in 2024.
• Per Business Quant data, the three most recent Gross Margin figures were 100.0% in Q1 2024, 94.19% in Q3 2023, and 56.22% in Q2 2023.