Tenax Therapeutics Gross Margin Growth & History (TENX)

Tenax Therapeutics's gross margin was 0.00% for fiscal 2015.

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Tenax Therapeutics annual gross margin history

Tenax Therapeutics annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20152015-04-300.00%+65.48 pp
20142014-04-30−65.48%−69.65 pp
20132013-04-304.16%−9.38 pp
20122012-04-3013.54%−86.46 pp
20112011-04-30100.00%

Tenax Therapeutics gross margin trends

Across the available reported history, Tenax Therapeutics's gross margin increased from −65.48% to 0.00%, a change of +65.48 percentage points. The latest reported quarter, Q3 2014, shows 0.43%.

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 Tenax Therapeutics filings at SEC.gov ↗