Sonim Technologies
SONM
#9710
Rank
C$22.42 M
Marketcap
$4.60
Share price
4.27%
Change (1 day)
-50.59%
Change (1 year)

Operating Margin for Sonim Technologies (SONM)

Operating Margin as of November 2024 (TTM): -14.42%

According to Sonim Technologies 's latest financial reports and stock price the company's current Operating Margin is -14.42%. At the end of 2022 the company had an Operating Margin of -19.91%.

Operating Margin history for Sonim Technologies from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-19.91%-71.75%
2021-70.48%48.1%
2020-47.59%126.3%
2019-21.03%-1504.65%
20181.50%-110.54%
2017-14.20%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
20.77%-244.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.31%-97.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.68%-32.87%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.