Video River Networks annual gross margin
2019
2020
2021
2022
2023
Video River Networks Gross Margin Growth & History (NIHK)
Video River Networks's gross margin was 57.05% for fiscal 2023.
View full Video River Networks company overviewVideo River Networks annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 57.05% | −7.57 pp |
| 2022 | 2022-12-31 | 64.62% | +28.77 pp |
| 2021 | 2021-12-31 | 35.85% | +29.97 pp |
| 2020 | 2020-12-31 | 5.87% | +5.87 pp |
| 2019 | 2019-12-31 | 0.00% | — |
Video River Networks quarterly gross margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2023 | 2023-06-30 | 74.33% | −2.43 pp |
| Q1 2023 | 2023-03-31 | 84.22% | +13.90 pp |
| Q4 2022 | 2022-12-31 | 22.86% | −81.38 pp |
| Q3 2022 | 2022-09-30 | 57.35% | +10.33 pp |
| Q2 2022 | 2022-06-30 | 76.76% | +83.22 pp |
| Q1 2022 | 2022-03-31 | 70.32% | +1.03 pp |
| Q4 2021 | 2021-12-31 | 104.24% | — |
| Q3 2021 | 2021-09-30 | 47.02% | −52.98 pp |
| Q2 2021 | 2021-06-30 | −6.47% | — |
| Q1 2021 | 2021-03-31 | 69.29% | — |
| Q3 2020 | 2020-09-30 | 100.00% | — |
Video River Networks gross margin trends
Between the periods ended 2019-12-31 and 2023-12-31, Video River Networks's gross margin increased from 0.00% to 57.05%, a change of +57.05 percentage points. The latest reported quarter, Q2 2023, shows 74.33%.
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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