Monterey Innovation Acquisition (MTRY) currently reports a gross profit of $-3.2M as of June 2023. That compares with $-340K in the prior-year period — down 845.6% year over year. That is below the sector sector average of $750M. Use the charts on this page to explore Monterey Innovation Acquisition's gross profit history and peer comparisons.

Monterey Innovation Acquisition's gross profit decreased from $-340K to $-3.2M — a 845.6% year-over-year decrease (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Monterey Innovation Acquisition's gross profit of $-3.2M is lower than the its sector sector average of $750M. That is roughly 100.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Monterey Innovation Acquisition reported $-3.2M in gross profit as of June 2023. That compares with $-340K in the prior-year period — down 845.6% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $-3.2M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $750M. From there, open related valuation or income-statement pages for Monterey Innovation Acquisition, and consider following MTRY for alerts when major investors trade the stock.