Nordicus Partners Gross Margin Growth & History (NORD)

Nordicus Partners's gross margin was 102.53% for fiscal 2019.

View full Nordicus Partners company overview

Nordicus Partners annual gross margin history

Nordicus Partners annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20192019-03-31102.53%−11.45 pp
20182018-03-31113.99%+51.33 pp
20172017-03-3162.65%−3.40 pp
20162016-03-3166.05%0.00 pp
20152015-03-3166.05%+2.10 pp
20142014-03-3163.95%+0.99 pp
20132013-03-3162.96%+11.03 pp
20122012-03-3151.93%+43.35 pp
20112011-03-318.58%

Nordicus Partners gross margin trends

Over the last five reported fiscal years, Nordicus Partners's gross margin increased from 63.95% to 102.53%, a change of +38.59 percentage points. The latest reported quarter, Q2 2020, shows 111.09%.

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 Nordicus Partners filings at SEC.gov ↗