Nexxen
NEXN
#6323
Rank
โ‚ฌ0.50 B
Marketcap
7,53ย โ‚ฌ
Share price
11.20%
Change (1 day)
118.66%
Change (1 year)

Operating Margin for Nexxen (NEXN)

Operating Margin as of September 2024 (TTM): -0.18%

According to Nexxen's latest financial reports and stock price the company's current Operating Margin is -0.18%. At the end of 2023 the company had an Operating Margin of -5.72%.

Operating Margin history for Nexxen from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.72%-145.19%
202212.65%-40.13%
202121.14%-701.89%
2020-3.51%-418.83%
20191.10%-88.78%
20189.81%19.5%
20178.21%-47.23%
201615.56%322.75%
20153.68%-71.76%
201413.03%-33.85%
201319.70%26.07%
201215.63%-13.79%
201118.13%

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.