iWallet Gross Margin Growth & History (IWAL)
iWallet's gross margin was 100.00% for fiscal 2022.
View full iWallet company overviewiWallet annual gross margin history
2013
2014
2021
2022
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 100.00% | +39.55 pp |
| 2021 | 2021-12-31 | 60.45% | — |
| 2014 · Dec 31 | 2014-12-31 | 21.23% | −4.63 pp |
| 2013 · Dec 31 | 2013-12-31 | 25.86% | — |
iWallet quarterly gross margin
Q4.13
Q1.14
Q1.14
Q4.14
Q1.15
Q4.14
Q1.15
Q2.15
Q2.21
Q3.21
Q1.22
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2022 | 2022-03-31 | 100.00% | — |
| Q3 2021 | 2021-09-30 | 100.00% | — |
| Q2 2021 | 2021-06-30 | 50.20% | — |
| Q2 2015 | 2015-06-30 | 18.20% | +1.43 pp |
| Q1 2015 · Mar 31 | 2015-03-31 | −33.86% | −28.81 pp |
| Q4 2014 | 2014-12-31 | 20.56% | — |
| Q1 2015 · Sep 30 | 2014-09-30 | 29.87% | −22.13 pp |
| Q4 2014 | 2014-06-30 | 16.77% | −47.56 pp |
| Q1 2014 · Mar 31 | 2014-03-31 | −5.05% | — |
| Q1 2014 · Sep 30 | 2013-09-30 | 52.00% | — |
| Q4 2013 · Jun 30 | 2013-06-30 | 64.33% | — |
iWallet gross margin trends
Between the periods ended 2013-12-31 and 2022-12-31, iWallet's gross margin increased from 25.86% to 100.00%, a change of +74.14 percentage points. The latest reported quarter, Q1 2022, 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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