Playstudios
MYPS
#7864
Rank
โ‚ฌ0.16 B
Marketcap
1,34ย โ‚ฌ
Share price
-0.67%
Change (1 day)
-56.02%
Change (1 year)

Operating Margin for Playstudios (MYPS)

Operating Margin as of September 2024 (TTM): -0.48%

According to Playstudios's latest financial reports and stock price the company's current Operating Margin is -0.48%. At the end of 2023 the company had an Operating Margin of -0.81%.

Operating Margin history for Playstudios from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.81%-90.04%
2022-8.14%-323.14%
20213.65%-11.64%
20204.13%-43.83%
20197.35%

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.