MedWellAI annual gross margin
2015
2018
2019
2020
2021
2022
2023
MedWellAI's gross margin was −63.03% for fiscal 2023.
View full MedWellAI company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-06-30 | −63.03% | −103.97 pp |
| 2022 | 2022-06-30 | 40.94% | −9.35 pp |
| 2021 | 2021-06-30 | 50.29% | +169.68 pp |
| 2020 | 2020-06-30 | −119.39% | +140.81 pp |
| 2019 | 2019-06-30 | −260.20% | −282.60 pp |
| 2018 | 2018-06-30 | 22.39% | −13.04 pp |
| 2015 · Dec 31 | 2014-12-31 | 35.44% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2023-12-31 | −10.96% | +72.33 pp |
| Q1 2024 | 2023-09-30 | −48.56% | −10.11 pp |
| Q4 2023 | 2023-06-30 | −61.95% | −30.75 pp |
| Q3 2023 | 2023-03-31 | −68.27% | −89.74 pp |
| Q2 2023 | 2022-12-31 | −83.29% | −151.44 pp |
| Q1 2023 | 2022-09-30 | −38.45% | −82.42 pp |
| Q4 2022 | 2022-06-30 | −31.20% | −97.34 pp |
| Q3 2022 | 2022-03-31 | 21.48% | −40.22 pp |
| Q2 2022 | 2021-12-31 | 68.15% | +57.68 pp |
| Q1 2022 | 2021-09-30 | 43.97% | +173.84 pp |
| Q4 2021 | 2021-06-30 | 66.14% | +265.65 pp |
| Q3 2021 | 2021-03-31 | 61.70% | +161.44 pp |
| Q2 2021 | 2020-12-31 | 10.47% | +106.87 pp |
| Q1 2021 | 2020-09-30 | −129.86% | −18.56 pp |
| Q4 2020 | 2020-06-30 | −199.51% | +967.12 pp |
| Q3 2020 | 2020-03-31 | −99.74% | +215.59 pp |
| Q2 2020 | 2019-12-31 | −96.39% | +69.86 pp |
| Q1 2020 | 2019-09-30 | −111.31% | −36.67 pp |
| Q4 2019 | 2019-06-30 | −1,166.63% | −1195.33 pp |
| Q3 2019 | 2019-03-31 | −315.34% | −367.51 pp |
| Q2 2019 | 2018-12-31 | −166.26% | — |
| Q1 2019 | 2018-09-30 | −74.64% | — |
| Q3 2018 | 2018-03-31 | 28.70% | — |
| Q2 2018 | 2017-12-31 | 52.18% | — |
Over the last five reported fiscal years, MedWellAI's gross margin decreased from 22.39% to −63.03%, a change of −85.42 percentage points. The latest reported quarter, Q2 2024, shows −10.96%.
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 MedWellAI filings at SEC.gov ↗