Cannaisseur Group Gross Margin Growth & History (TCRG)
Cannaisseur Group's gross margin was −510.71% for fiscal 2024.
View full Cannaisseur Group company overviewCannaisseur Group annual gross margin history
2022
2023
2024
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −510.71% | −559.94 pp |
| 2023 | 2023-12-31 | 49.23% | −2.17 pp |
| 2022 | 2022-12-31 | 51.40% | — |
Cannaisseur Group quarterly gross margin
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | −134.39% | −195.54 pp |
| Q1 2024 | 2024-03-31 | −384.10% | −424.36 pp |
| Q4 2023 | 2023-12-31 | −1,396.31% | — |
| Q3 2023 | 2023-09-30 | 61.16% | −0.59 pp |
| Q2 2023 | 2023-06-30 | 74.94% | — |
| Q1 2023 | 2023-03-31 | 40.26% | — |
| Q3 2022 | 2022-09-30 | 61.75% | — |
Cannaisseur Group gross margin trends
Between the periods ended 2022-12-31 and 2024-12-31, Cannaisseur Group's gross margin decreased from 51.40% to −510.71%, a change of −562.11 percentage points. The latest reported quarter, Q3 2024, shows −134.39%.
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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