Lite Strategy Gross Profit Growth & History (LITS)

Lite Strategy's gross profit was $40.7M for fiscal 2022.

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Lite Strategy annual gross profit history

Lite Strategy annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20222022-06-30$40.7M$7.3M+21.89%
20212021-06-30$33.4M$8.3M+33.10%
20202020-06-30$25.1M$24.4M+3747.39%
20192019-06-30$652,000$2.4M
20182018-06-30−$1.8M−$20.0M
20172017-06-30$18.2M

Lite Strategy gross profit trends

Over the last five fiscal years, Lite Strategy's gross profit increased from $18.2M to $40.7M, a change of $22.4M. The latest reported quarter, Q2 2022, shows $11.8M.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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