Innovative Eyewear
LUCY
#9861
Rank
C$19.59 M
Marketcap
$8.02
Share price
-2.11%
Change (1 day)
-31.21%
Change (1 year)
Categories

Operating Margin for Innovative Eyewear (LUCY)

Operating Margin as of December 2024 (TTM): -514.50%

According to Innovative Eyewear's latest financial reports and stock price the company's current Operating Margin is -514.50%. At the end of 2022 the company had an Operating Margin of -845.22%.

Operating Margin history for Innovative Eyewear from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-845.22%82.14%
2021-464.05%-65.34%
2020-1,339.05%-41.01%
2019-2,269.80%

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.