Accredited Solutions Gross Margin Growth & History (ASII)

Accredited Solutions's gross margin was 20.04% for fiscal 2023.

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Accredited Solutions annual gross margin history

Accredited Solutions annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3120.04%+0.35 pp
20222022-12-3119.69%+2.14 pp
20202020-12-3117.55%+2.09 pp
20192019-12-3115.46%

Accredited Solutions gross margin trends

Across the available reported history, Accredited Solutions's gross margin increased from 19.69% to 20.04%, a change of +0.35 percentage points. The latest reported quarter, Q3 2024, shows 21.28%.

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 Accredited Solutions filings at SEC.gov ↗