Greenlit Ventures annual gross margin
2018
2019
2020
Greenlit Ventures Gross Margin Growth & History (GLVT)
Greenlit Ventures's gross margin was 74.23% for fiscal 2020.
View full Greenlit Ventures company overviewGreenlit Ventures annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2020 | 2020-12-31 | 74.23% | +17.71 pp |
| 2019 | 2019-12-31 | 56.52% | −27.46 pp |
| 2018 | 2018-12-31 | 83.98% | — |
Greenlit Ventures quarterly gross margin
Q1.19
Q2.19
Q3.19
Q4.19
Q2.20
Q3.20
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2020 | 2020-09-30 | 100.00% | 0.00 pp |
| Q2 2020 | 2020-06-30 | 100.00% | 0.00 pp |
| Q4 2019 | 2019-12-31 | −42.86% | — |
| Q3 2019 | 2019-09-30 | 100.00% | — |
| Q2 2019 | 2019-06-30 | 100.00% | — |
| Q1 2019 | 2019-03-31 | 100.00% | — |
Greenlit Ventures gross margin trends
Between the periods ended 2018-12-31 and 2020-12-31, Greenlit Ventures's gross margin decreased from 83.98% to 74.23%, a change of −9.74 percentage points. The latest reported quarter, Q3 2020, shows 100.00%.
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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