According to Innovid's latest financial reports and stock price the company's current Operating Margin is -5.98%. At the end of 2023 the company had an Operating Margin of -13.19%.
Year | Operating Margin | Change |
---|---|---|
2023 | -13.19% | -43.61% |
2022 | -23.40% | 261.17% |
2021 | -6.48% | -497.23% |
2020 | 1.63% | -115.2% |
2019 | -10.73% |
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.