FORTUNE VALLEY TREASURES, INC. (FVTI) Gross margin 2017–2023
FORTUNE VALLEY TREASURES, INC. (FVTI) gross margin by fiscal year — reported gross profit divided by reported revenue.
46.8%FY2023 · since FY2017: 48.4% → 46.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | 46.8% | -3.5 pp |
| FY2022 | 50.3% | -4.1 pp |
| FY2021 | 54.4% | -12.2 pp |
| FY2020 | 66.6% | +45.1 pp |
| FY2019 | 21.4% | -30.1 pp |
| FY2018 | 51.5% | +3.1 pp |
| FY2017 | 48.4% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice