• Amplifon S.p.A average gross margin for 2023 was 20.93%, a 1.95% increase from 2022.
• Amplifon S.p.A average gross margin for 2022 was 20.53%, a 48.42% increase from 2021.
• Amplifon S.p.A average gross margin for 2021 was 39.8%, a 32.02% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.