Gelteq Limited
GELS
#10084
Rank
A$19.11 M
Marketcap
$2.02
Share price
-1.55%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Gelteq Limited (GELS)

Operating Margin at the end of 2023: -3,886.00%

According to Gelteq Limited's latest financial reports and stock price the company's current Operating Margin is -3,886.00%. At the end of 2023 the company had an Operating Margin of -3,886.00%.

Operating Margin history for Gelteq Limited from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-3,886.00%79.48%
2022-2,165.16%

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.