Freight Technologies annual gross margin
2015
2016
2017
2018
2019
2020
Freight Technologies's gross margin was 100.00% for fiscal 2020.
View full Freight Technologies company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2020 | 2020-12-31 | 100.00% | +0.01 pp |
| 2019 | 2019-12-31 | 99.99% | +4.54 pp |
| 2018 | 2018-12-31 | 95.45% | −1.64 pp |
| 2017 | 2017-12-31 | 97.09% | −0.50 pp |
| 2016 | 2016-12-31 | 97.60% | +0.62 pp |
| 2015 | 2015-12-31 | 96.98% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Over the last five reported fiscal years, Freight Technologies's gross margin increased from 96.98% to 100.00%, a change of +3.02 percentage points.
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.
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 Freight Technologies filings at SEC.gov ↗