Company / Gross Margin
1606 CORP. Gross Margin History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
-1.6%
FY2024
5-year range
-1.6% / 37.9%
FY2021-FY2024
Trend
-104.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from 8.5% to -1.6% over the past 2 years.
Based on SEC 10-K filings.
-1.6% in FY2024 with a 3-year CAGR of -38.0%.
Declined from 8.5% to -1.6% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -38.0pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, gross margin decreased 104.3% year-over-year.
Company context
Key Data Points
- Altman Z-Score -672.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -1.6% | -104.3% |
| FY2023 | 37.9% | +347.3% |
| FY2022 | 8.5% | -76.7% |
| FY2021 | 36.3% | - |
As of FY2024 · SEC Form 10-K · Last checked Jun 29, 2026