Iiot-Oxys Gross Margin Growth & History (ITOX)

Iiot-Oxys's gross margin was 15.00% for fiscal 2024.

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Iiot-Oxys annual gross margin history

Iiot-Oxys annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-3115.00%−18.16 pp
20232023-12-3133.16%−55.03 pp
20222022-12-3188.19%+6.28 pp
20212021-12-3181.91%+22.83 pp
20202020-12-3159.09%−14.44 pp
20192019-12-3173.52%+33.62 pp
20182018-12-3139.90%+60.22 pp
20172017-12-31−20.32%

Iiot-Oxys gross margin trends

Over the last five reported fiscal years, Iiot-Oxys's gross margin decreased from 73.52% to 15.00%, a change of −58.52 percentage points. The latest reported quarter, Q1 2024, shows 15.00%.

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.

Review Iiot-Oxys filings at SEC.gov ↗