Axim Biotechnologies Gross Margin Growth & History (AXIM)

Axim Biotechnologies's gross margin was 89.59% for fiscal 2024.

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Axim Biotechnologies annual gross margin history

Axim Biotechnologies annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-3189.59%−10.41 pp
20232023-12-31100.00%—
20192019-12-310.00%−95.65 pp
20182018-12-3195.65%+85.74 pp
20172017-12-319.91%+237.44 pp
20162016-12-31−227.53%−224.99 pp
20152015-12-31−2.54%—

Axim Biotechnologies gross margin trends

Over the last five fiscal years, Axim Biotechnologies's gross margin increased from 0.00% to 89.59%, a change of +89.59 percentage points. The latest reported quarter, Q2 2024, shows 90.02%.

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.

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