Sun Pacific Holding Gross Margin Growth & History (SNPW)

Sun Pacific Holding's gross margin was 93.73% for fiscal 2022.

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Sun Pacific Holding annual gross margin history

Sun Pacific Holding annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20222022-12-3193.73%+0.90 pp
20212021-12-3192.84%+6.26 pp
20202020-12-3186.57%+58.03 pp
20192019-12-3128.54%−18.18 pp
20182018-12-3146.72%+6.66 pp
20172017-12-3140.06%−19.92 pp
20162016-09-3059.98%−40.02 pp
20152015-09-30100.00%

Sun Pacific Holding gross margin trends

Over the last five reported fiscal years, Sun Pacific Holding's gross margin increased from 40.06% to 93.73%, a change of +53.67 percentage points. The latest reported quarter, Q3 2023, shows 84.36%.

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 Sun Pacific Holding filings at SEC.gov ↗