Rekor Systems
REKR
#8718
Rank
C$0.14 B
Marketcap
$1.60
Share price
8.41%
Change (1 day)
-65.46%
Change (1 year)

Operating Margin for Rekor Systems (REKR)

Operating Margin as of October 2024 (TTM): -114.86%

According to Rekor Systems's latest financial reports and stock price the company's current Operating Margin is -114.86%. At the end of 2022 the company had an Operating Margin of -423.90%.

Operating Margin history for Rekor Systems from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-423.90%57.95%
2021-268.38%77.79%
2020-150.95%-33.2%
2019-225.96%697.8%
2018-28.32%17.5%
2017-24.10%1028.97%
2016-2.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-70.88%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.