Adamant Dri Processing & Minerals Group Gross Margin Growth & History (ADMG)
Adamant Dri Processing & Minerals Group's gross margin was 31.09% for fiscal 2018.
View full Adamant Dri Processing & Minerals Group company overviewAdamant Dri Processing & Minerals Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2018 | 2018-12-31 | 31.09% | −68.91 pp |
| 2017 | 2017-12-31 | 100.00% | +47.90 pp |
| 2016 | 2016-12-31 | 52.10% | +119.64 pp |
| 2015 | 2015-12-31 | −67.54% | — |
Adamant Dri Processing & Minerals Group quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2019 | 2019-03-31 | 27.26% | +128.68 pp |
| Q3 2017 | 2017-09-30 | 0.75% | — |
| Q3 2016 | 2016-09-30 | 100.00% | — |
| Q2 2015 | 2015-06-30 | −50.69% | — |
| Q1 2015 | 2015-03-31 | −101.42% | — |
Adamant Dri Processing & Minerals Group gross margin trends
Across the available reported history, Adamant Dri Processing & Minerals Group's gross margin decreased from 100.00% to 31.09%, a change of −68.91 percentage points. The latest reported quarter, Q1 2019, shows 27.26%.
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.
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 Adamant Dri Processing & Minerals Group filings at SEC.gov ↗