Wrap Technologies Inc (WRAP)
1.445
-0.06
(-3.67%)
USD |
NASDAQ |
Nov 14, 16:00
1.445
0.00 (0.00%)
After-Hours: 20:00
Wrap Technologies Gross Profit Margin (Quarterly): 62.56% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 62.56% |
| March 31, 2024 | 56.64% |
| December 31, 2023 | -49.41% |
| September 30, 2023 | 59.96% |
| June 30, 2023 | 55.57% |
| March 31, 2023 | 49.51% |
| December 31, 2022 | 47.42% |
| September 30, 2022 | 53.56% |
| June 30, 2022 | 39.23% |
| March 31, 2022 | 41.71% |
| December 31, 2021 | 30.13% |
| September 30, 2021 | 39.39% |
| Date | Value |
|---|---|
| June 30, 2021 | -3.10% |
| March 31, 2021 | 39.23% |
| December 31, 2020 | 33.43% |
| September 30, 2020 | 31.68% |
| June 30, 2020 | 32.17% |
| March 31, 2020 | 41.16% |
| December 31, 2019 | 34.08% |
| September 30, 2019 | 41.29% |
| June 30, 2019 | 39.95% |
| March 31, 2019 | 48.04% |
| December 31, 2018 | 20.02% |
| September 30, 2018 | 14.97% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-49.41%
Minimum
Dec 2023
62.56%
Maximum
Jun 2024
36.57%
Average
39.39%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Inuvo Inc | 84.04% |
| WidePoint Corp | 13.58% |
| Issuer Direct Corp | 76.78% |
| Intellinetics Inc | 64.70% |
| Castellum Inc | 40.56% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -206.9% |
| Return on Assets | -77.97% |
| Return on Invested Capital | -206.9% |
| Profit Margin (Quarterly) | -24.48% |
| Operating Margin (Quarterly) | -201.5% |
| Return on Net Operating Assets | -142.4% |