BoomBit
BBT.WA
$2.77
Share price
0.00%
Change (1 day)
-23.48%
Change (1 year)
Categories
Operating Margin for BoomBit (BBT.WA)
Operating Margin as of April 2024 (TTM): 5.94%
According to BoomBit's latest financial reports and stock price the company's current Operating Margin is 5.94%. At the end of 2021 the company had an Operating Margin of 9.17%.
Operating Margin history for BoomBit from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.17% | -29.46% |
| 2020 | 13.00% | -157.81% |
| 2019 | -22.48% | -181.05% |
| 2018 | 27.74% | -46.06% |
| 2017 | 51.43% | -3.21% |
| 2016 | 53.13% |
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.