MedWellAI Gross Margin Growth & History (MWAI)

MedWellAI's gross margin was −63.03% for fiscal 2023.

View full MedWellAI company overview

MedWellAI annual gross margin history

MedWellAI annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-06-30−63.03%−103.97 pp
20222022-06-3040.94%−9.35 pp
20212021-06-3050.29%+169.68 pp
20202020-06-30−119.39%+140.81 pp
20192019-06-30−260.20%−282.60 pp
20182018-06-3022.39%−13.04 pp
2015 · Dec 312014-12-3135.44%

MedWellAI gross margin trends

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%.

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 MedWellAI filings at SEC.gov ↗