BoomBit
BBT.WA
#9067
Rank
A$55.96 M
Marketcap
$4.13
Share price
-1.39%
Change (1 day)
0.12%
Change (1 year)

Operating Margin for BoomBit (BBT.WA)

Operating Margin as of September 2024 (TTM): 6.76%

According to BoomBit's latest financial reports and stock price the company's current Operating Margin is 6.76%. At the end of 2021 the company had an Operating Margin of 9.17%.

Operating Margin history for BoomBit from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20219.17%-29.46%
202013.00%-157.81%
2019-22.48%-181.05%
201827.74%-46.06%
201751.43%-3.21%
201653.13%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.