Acro Biomedical Co Gross Margin Growth & History (ACBM)

Acro Biomedical Co's gross margin was 21.34% for fiscal 2022.

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Acro Biomedical Co annual gross margin history

Acro Biomedical Co annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20222022-12-3121.34%−0.33 pp
20212021-12-3121.67%−1.50 pp
20202020-12-3123.17%+16.92 pp
2019 · Dec 312019-12-316.25%−3.75 pp
2019 · Sep 302019-09-3010.00%−0.40 pp
20182018-09-3010.40%+0.40 pp
20172017-09-3010.00%

Acro Biomedical Co gross margin trends

Over the last five reported fiscal years, Acro Biomedical Co's gross margin increased from 10.40% to 21.34%, a change of +10.94 percentage points. The latest reported quarter, Q4 2022, shows 17.78%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Acro Biomedical Co filings at SEC.gov ↗