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Wireless Telecom Group Inc   (WTT)
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    Sector  Technology    Industry Communications Equipment
 

Wireless Telecom Group Inc 's Annual Gross Margin

Five Year Trends




WTT Annual Gross Margin

(Dec 31 2022)
(Dec 31 2021)
(Dec 31 2020)
(Dec 31 2019)
(Dec 31 2018)
Y / Y Revenue Growth -55.66 % 17.96 % -14.66 % -7.33 % 14.56 %
Y / Y Gross Profit Growth -48.85 % 19.65 % -5.93 % -7.77 % 25.47 %
Annual Gross Margin 58.78 % 50.94 % 50.22 % 45.56 % 45.78 %


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Annual Gross Margin Comment
Wireless Telecom Group Inc increased Annual Gross Margin through reduction in Cost of Sales and despite contraction in Gross Profit by -48.85 % and Revenue-55.66 %. Annual Gross Margin in (Dec 31 2022) was 58.78 %.



Companies with similar Annual Gross Margin in the Fiscal Year ending Dec 31 2022, within Communications Equipment Industry Annual Gross MarginDec 31 2022 FY Gross ProfitDec 31 2022 FY Revenue
Iwallet Corp  100.00 %$ 0.010 $ 0.010 
Vislink Technologies Inc   100.00 %$ 28.402 $ 28.402 
Iridium Communications Inc   84.03 %$ 605.897 $ 721.034 
Esco Technologies inc   77.37 %$ 667.226 $ 862.353 
Senstar Technologies Ltd   60.47 %$ 21.502 $ 35.558 
Wireless Telecom Group Inc   58.78 %$ 12.833 $ 21.833 
George Risk Industries Inc   50.04 %$ 10.015 $ 20.015 
Powerfleet Inc   47.83 %$ 64.171 $ 134.171 
Lumentum Holdings Inc   47.81 %$ 788.600 $ 1,649.600 
Track Group Inc   46.94 %$ 17.353 $ 36.968 
Actelis Networks Inc   46.54 %$ 4.110 $ 8.831 
Amplitech Group Inc   46.02 %$ 8.925 $ 19.394 
Rekor Systems Inc   45.33 %$ 9.030 $ 19.920 
Napco Security Technologies inc  41.20 %$ 59.156 $ 143.593 
Ihs Holding Ltd  41.01 %$ 804.407 $ 1,961.299 
Iteris inc   35.48 %$ 47.393 $ 133.572 
Belden Inc   35.15 %$ 916.289 $ 2,606.485 
Corning Inc  31.76 %$ 4,506.000 $ 14,189.000 
Maris tech Ltd   31.25 %$ 0.783 $ 2.505 
Optical Cable Corporation  29.69 %$ 20.511 $ 69.079 
Inseego Corp   27.27 %$ 66.909 $ 245.323 
Comsovereign Holding Corp   23.12 %$ 2.284 $ 9.878 
Alpine 4 Holdings Inc   20.77 %$ 21.714 $ 104.563 
Turtle Beach Corporation  20.48 %$ 49.187 $ 240.166 
Utstarcom Holdings Corp   18.98 %$ 2.667 $ 14.052 





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