BitNile
NILE
#7787
Rank
$44.77 M
Marketcap
$0.12
Share price
0.00%
Change (1 day)
-60.48%
Change (1 year)

Operating Margin for BitNile (NILE)

Operating Margin as of April 2024 (TTM): -81.57%

According to BitNile's latest financial reports and stock price the company's current Operating Margin is -81.57%. At the end of 2021 the company had an Operating Margin of -45.50%.

Operating Margin history for BitNile from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-45.50%-67.5%
2020-139.97%12.27%
2019-124.68%2.41%
2018-121.74%12.89%
2017-107.84%617.31%
2016-15.03%6.43%
2015-14.13%93.98%
2014-7.28%1.53%
2013-7.17%88.38%
2012-3.81%-136.7%
201110.37%120.53%
20104.70%-448.12%
2009-1.35%-130.34%
20084.45%351.21%
20070.99%7.48%
20060.92%283.46%
20050.24%-101.74%
2004-13.77%-2.41%
2003-14.11%416.01%
2002-2.74%-95.81%
2001-65.27%

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.