Elevai Labs
ELAB
#10070
Rank
$1.14 M
Marketcap
$0.02310
Share price
4.52%
Change (1 day)
-99.32%
Change (1 year)

Operating Margin for Elevai Labs (ELAB)

Operating Margin as of November 2024 (TTM): -189.37%

According to Elevai Labs's latest financial reports and stock price the company's current Operating Margin is -189.37%. At the end of 2022 the company had an Operating Margin of -234.94%.

Operating Margin history for Elevai Labs from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-234.94%-99.75%
2021-94,889.84%

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.