According to Mighty Kingdom's latest financial reports and stock price the company's current Operating Margin is -127.97%. At the end of 2023 the company had an Operating Margin of -127.98%.
Year | Operating Margin | Change |
---|---|---|
2023 | -127.98% | -39.59% |
2022 | -211.86% | -3.61% |
2021 | -219.80% |
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.