MAG Interactive
MAGI.ST
#9649
Rank
C$28.47 M
Marketcap
$1.07
Share price
0.71%
Change (1 day)
-42.93%
Change (1 year)

Operating Margin for MAG Interactive (MAGI.ST)

Operating Margin as of November 2024 (TTM): -1.29%

According to MAG Interactive's latest financial reports and stock price the company's current Operating Margin is -1.29%. At the end of 2023 the company had an Operating Margin of 0.24%.

Operating Margin history for MAG Interactive from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.24%-95.41%
20225.30%142.61%
20212.19%-121.01%
2020-10.40%4.52%
2019-9.95%-66.91%
2018-30.08%-2305.11%
20171.36%-90.43%
201614.26%-57.35%
201533.43%

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.