Mainz Biomed
MYNZ
#10329
Rank
C$13.75 M
Marketcap
C$1.60
Share price
-0.85%
Change (1 day)
-83.17%
Change (1 year)

Operating Margin for Mainz Biomed (MYNZ)

Operating Margin at the end of 2024: -2,421.80%

According to Mainz Biomed's latest financial reports and stock price the company's current Operating Margin is -2,421.79%. At the end of 2024 the company had an Operating Margin of -2,421.80%.

Operating Margin history for Mainz Biomed from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-2,421.80%-17.53%
2023-2,936.50%-41.03%
2022-4,979.90%145.95%
2021-2,024.79%1602.8%
2020-118.91%-65.04%
2019-340.11%

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.