WYTEC INTERNATIONAL, INC. (WYTC) Gross margin 2016–2024
WYTEC INTERNATIONAL, INC. (WYTC) gross margin by fiscal year — reported gross profit divided by reported revenue.
57.6%FY2024 · since FY2016: 64.7% → 57.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 57.6% | +24.5 pp |
| FY2023 | 33.1% | +15.2 pp |
| FY2022 | 17.9% | +11.6 pp |
| FY2021 | 6.3% | -20.2 pp |
| FY2020 | 26.5% | -19.5 pp |
| FY2019 | 46.0% | +11.8 pp |
| FY2018 | 34.2% | -64.7 pp |
| FY2017 | 98.9% | +34.1 pp |
| FY2016 | 64.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice