Massimo Motor
MAMO
#8058
Rank
C$0.25 B
Marketcap
$6.11
Share price
10.58%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Massimo Motor (MAMO)

Operating Margin as of November 2024 (TTM): 12.96%

According to Massimo Motor's latest financial reports and stock price the company's current Operating Margin is 12.96%. At the end of 2022 the company had an Operating Margin of 5.77%.

Operating Margin history for Massimo Motor from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20225.77%-7.95%
20216.26%

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.