Motorsport Gaming
MSGM
#9934
Rank
C$6.07 M
Marketcap
$1.56
Share price
-9.76%
Change (1 day)
-52.31%
Change (1 year)

Operating Margin for Motorsport Gaming (MSGM)

Operating Margin as of November 2024 (TTM): -0.82%

According to Motorsport Gaming's latest financial reports and stock price the company's current Operating Margin is -0.82%. At the end of 2022 the company had an Operating Margin of -356.82%.

Operating Margin history for Motorsport Gaming from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-356.82%59.6%
2021-223.57%6163.19%
2020-3.57%-92.65%
2019-48.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 3,978.48%๐Ÿ‡บ๐Ÿ‡ธ USA

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.