Tap Real Estate Technologies annual gross margin
2021
2022
2023
Tap Real Estate Technologies Gross Margin Growth & History (RWAX)
Tap Real Estate Technologies's gross margin was 55.92% for fiscal 2023.
View full Tap Real Estate Technologies company overviewTap Real Estate Technologies annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 55.92% | −4.15 pp |
| 2022 | 2022-12-31 | 60.08% | +22.43 pp |
| 2021 | 2021-12-31 | 37.64% | — |
Tap Real Estate Technologies quarterly gross margin
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | 63.75% | −3.88 pp |
| Q2 2024 | 2024-06-30 | −3.38% | −33.91 pp |
| Q1 2024 | 2024-03-31 | 14.58% | −39.84 pp |
| Q4 2023 | 2023-12-31 | 60.46% | — |
| Q3 2023 | 2023-09-30 | 67.64% | +223.75 pp |
| Q2 2023 | 2023-06-30 | 30.52% | −29.09 pp |
| Q1 2023 | 2023-03-31 | 54.42% | +5.52 pp |
| Q3 2022 | 2022-09-30 | −156.11% | −214.68 pp |
| Q2 2022 | 2022-06-30 | 59.61% | −8.78 pp |
| Q1 2022 | 2022-03-31 | 48.89% | — |
| Q3 2021 | 2021-09-30 | 58.57% | — |
| Q2 2021 | 2021-06-30 | 68.39% | — |
Tap Real Estate Technologies gross margin trends
Between the periods ended 2021-12-31 and 2023-12-31, Tap Real Estate Technologies's gross margin increased from 37.64% to 55.92%, a change of +18.28 percentage points. The latest reported quarter, Q3 2024, shows 63.75%.
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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