Tap Real Estate Technologies Gross Margin Growth & History (RWAX)

Tap Real Estate Technologies's gross margin was 55.92% for fiscal 2023.

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Tap Real Estate Technologies annual gross margin history

Tap Real Estate Technologies annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3155.92%−4.15 pp
20222022-12-3160.08%+22.43 pp
20212021-12-3137.64%

Tap Real Estate Technologies gross margin trends

Across the available reported history, Tap Real Estate Technologies's gross margin decreased from 60.08% to 55.92%, a change of −4.15 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.

Review Tap Real Estate Technologies filings at SEC.gov ↗