Cyngn
CYN
#9634
Rank
C$10.3 M
Marketcap
$5.09
Share price
-2.58%
Change (1 day)
-92.20%
Change (1 year)

Operating Margin for Cyngn (CYN)

Operating Margin as of September 2024 (TTM): -28,363.40%

According to Cyngn's latest financial reports and stock price the company's current Operating Margin is -28,363.40%. At the end of 2023 the company had an Operating Margin of -1,567.56%.

Operating Margin history for Cyngn from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1,567.56%-78.83%
2022-7,404.86%
2019-7,683.23%

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.