Electra Meccanica
SOLO
#7937
Rank
$25.35 M
Marketcap
$0.21
Share price
0.00%
Change (1 day)
-56.69%
Change (1 year)

Operating Margin for Electra Meccanica (SOLO)

Operating Margin as of March 2024 (TTM): -1,967.18%

According to Electra Meccanica's latest financial reports and stock price the company's current Operating Margin is -1,967.18%. At the end of 2021 the company had an Operating Margin of -1,967.18%.

Operating Margin history for Electra Meccanica from 2021 to 2020

Operating Margin at the end of each year

Year Operating Margin Change
2021-1,967.18%-82.27%
2020-11,095.36%179.05%
2019-3,976.06%207.83%
2018-1,291.62%-87.59%
2017-10,411.34%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-1,502.34%-23.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.68%-98.24%๐Ÿ‡จ๐Ÿ‡ณ China
8.51%-100.43%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.