Vemanti Group, Inc. (VMNT) Gross Margin (2020 - 2023)
Vemanti's (VMNT) quarterly Gross Margin came in at 66.94% in Q4 2023, down 1377.0% YoY from 5.24% in Q4 2022, and down 17.8% on a QoQ basis from 81.44% in Q3 2023.
Vemanti Group, Inc. (VMNT) Gross Margin (2020 - 2023) Analysis & Trends
Vemanti (VMNT) has 4 years of Gross Margin data on file, last reported at 66.94% in Q4 2023.
- Quarterly Gross Margin fell 1377.0% year-over-year to 66.94% in Q4 2023, while the trailing twelve-month figure through Mar 2024 was 111.14% (up 407.0% YoY) and the FY2023 annual result came in at 81.4%, down 190.0% from the prior year.
- Gross Margin declined to 66.94% in Q4 2023, from 81.44% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 87.21% in Q2 2023 to a low of 66.94% in Q4 2023.
- A 4-year average of 81.62% and a median of 84.07% in 2021 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2021 — Gross Margin jumped 1377 bps — and 2023, when it slumped 1377 bps.
- Tracing VMNT's Gross Margin over 4 years: stood at 84.41% in 2020, then decreased by 1 bps to 83.79% in 2021, then fell by 4 bps to 80.71% in 2022, then decreased by 17 bps to 66.94% in 2023.
- The last three Gross Margin figures came in at 66.94% (Q4 2023), 81.44% (Q3 2023), and 87.21% (Q2 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 66.94% |
| Sep 30, 2023 | 81.44% |
| Jun 30, 2023 | 87.21% |
| Dec 31, 2022 | 80.71% |
| Sep 30, 2022 | 85.10% |
| Jun 30, 2022 | 81.61% |
| Mar 31, 2022 | 85.32% |
| Dec 31, 2021 | 83.79% |
| Sep 30, 2021 | 84.36% |
| Jun 30, 2021 | 86.60% |
| Mar 31, 2021 | 85.09% |
| Dec 31, 2020 | 84.41% |
| Sep 30, 2020 | 77.19% |
| Jun 30, 2020 | 72.84% |