Sigyn Therapeutics Gross Margin Growth & History (SIGY)

Sigyn Therapeutics's gross margin was 75.12% for fiscal 2019.

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Sigyn Therapeutics annual gross margin history

Sigyn Therapeutics annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20192019-12-3175.12%+9.38 pp
20182018-12-3165.74%+21.50 pp
20172017-12-3144.24%—
20152015-12-3166.00%+24.51 pp
20142014-12-3141.49%—

Sigyn Therapeutics gross margin trends

Over the last five fiscal years, Sigyn Therapeutics's gross margin increased from 41.49% to 75.12%, a change of +33.63 percentage points. The latest reported quarter, Q3 2020, shows 53.08%.

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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