SURGEPAYS, INC. (SURG) Gross margin 2016–2020
SURGEPAYS, INC. (SURG) gross margin by fiscal year — reported gross profit divided by reported revenue.
4.5%FY2020 · since FY2016: 29.4% → 4.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 4.5% | -7.6 pp |
| FY2019 | 12.1% | -31.7 pp |
| FY2018 | 43.8% | +3.9 pp |
| FY2017 | 39.9% | +10.5 pp |
| FY2016 | 29.4% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice