Eco Wave Power Global
WAVE
#9263
Rank
โ‚ฌ17.02 M
Marketcap
3,07ย โ‚ฌ
Share price
-1.45%
Change (1 day)
31.38%
Change (1 year)

Operating Margin for Eco Wave Power Global (WAVE)

Operating Margin as of September 2024 (TTM): -609.80%

According to Eco Wave Power Global's latest financial reports and stock price the company's current Operating Margin is -609.80%. At the end of 2023 the company had an Operating Margin of -609.80%.

Operating Margin history for Eco Wave Power Global from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-609.80%-94.53%
2022-11,157.69%47.37%
2021-7,570.97%

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.