ryde
RYDE
#10167
Rank
A$30.12 M
Marketcap
A$0.74
Share price
-0.10%
Change (1 day)
19.43%
Change (1 year)

Operating Margin for ryde (RYDE)

Operating Margin at the end of 2024: -208.66%

According to ryde's latest financial reports and stock price the company's current Operating Margin is -208.65%. At the end of 2024 the company had an Operating Margin of -208.66%.

Operating Margin history for ryde from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-208.66%40.53%
2023-148.48%164.19%
2022-56.20%180.79%
2021-20.02%

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.