Urgent.ly Inc.
ULY
#9780
Rank
C$11.69 M
Marketcap
$0.87
Share price
4.26%
Change (1 day)
-84.39%
Change (1 year)

Operating Margin for Urgent.ly Inc. (ULY)

Operating Margin as of November 2024 (TTM): 61.96%

According to Urgent.ly Inc.'s latest financial reports and stock price the company's current Operating Margin is 61.96%. At the end of 2022 the company had an Operating Margin of -34.40%.

Operating Margin history for Urgent.ly Inc. from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-34.40%-2.93%
2021-35.44%

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.