Richtech Robotics
RR
#8652
Rank
C$0.10 B
Marketcap
$1.25
Share price
9.08%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Richtech Robotics (RR)

Operating Margin as of September 2024 (TTM): -14.50%

According to Richtech Robotics's latest financial reports and stock price the company's current Operating Margin is -14.50%. At the end of 2023 the company had an Operating Margin of -5.08%.

Operating Margin history for Richtech Robotics from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.08%-22%
2022-6.51%-92.19%
2021-83.45%

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.