Elicio Therapeutics Gross Margin Growth & History (ELTX)

Elicio Therapeutics's gross margin was 100.00% for fiscal 2022.

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Elicio Therapeutics annual gross margin history

Elicio Therapeutics annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20222022-12-31100.00%+1.57 pp
20212021-12-3198.43%+615.01 pp
20202020-12-31−516.58%

Elicio Therapeutics gross margin trends

Between the periods ended 2020-12-31 and 2022-12-31, Elicio Therapeutics's gross margin increased from −516.58% to 100.00%, a change of +616.58 percentage points. The latest reported quarter, Q4 2021, shows 98.28%.

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.

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