Connexa Sports Technologies
CNXA
$1.50
Share price
38.89%
Change (1 day)
782.35%
Change (1 year)
Categories
Operating Margin for Connexa Sports Technologies (CNXA)
Operating Margin as of May 2024 (TTM): -371.18%
According to Connexa Sports Technologies's latest financial reports and stock price the company's current Operating Margin is -371.18%. At the end of 2021 the company had an Operating Margin of -45.06%.
Operating Margin history for Connexa Sports Technologies from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -45.06% | -95.53% |
| 2020 | -1,008.08% | |
| 2018 | -58.76% | -327.79% |
| 2017 | 25.80% |
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.